US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

DVN 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $40 and reclaim $52.71.

Invalidation Trigger

Lose $40 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 55.0, MACD 0.091

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $2.85 (5.95%)

Weekly

EMA Structure

Bullish
EMA 8$47.55Bullish
EMA 21$46.3Bullish
EMA 50$43.8Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.0 · MACD 0.091

Neutral zone

Strength
Bullish
Volatility
ATR $2.85 · BB 23.10%

High volatility

Strength
Bearish
Volume
MFI 51.5 · OBV 7.70%

Relative to 20-period average volume

Strength
Range
Price Levels
$40 - $52.71

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+16.03% · 2.7 ATR above latest close

$55.56
Nearest resistance

+10.09% · 1.7 ATR above · 34-bar high

$52.71
Current price

Price shown is delayed

$47.88
Nearest support

-16.47% · 2.8 ATR below · 34-bar low

$40
Deeper support zone

-22.42% · 3.8 ATR below latest close

$37.15
ATR zone

Latest close ± ATR14

$45.03 - $50.73

Indicators

Trend

Dow Theory Structure

Confirmation $51.7, invalidation $42.04

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

32.9 / 30.7 / 8.5Bullish
Supertrend (10,3)

Price is above Supertrend

$39.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$46.82 / $42.09Bullish
Donchian Channel (20)

20-period breakout channel position

67%Range

Volatility

ATR (14)

High volatility

$2.85 (5.95%)Bearish
Bollinger Bands (20,2)

Width 23.10%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$52.12 / $40.65Bearish
ATR channel lower / upper

Current Volatility Envelope

$45.03 / $50.73Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.71Range
Support

Nearest Downside Decision Level

$40Range

Momentum

RSI (14)

Neutral zone

55.0Range
MACD (12,26,9)

Histogram is positive

0.091Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

66.9 / 64.2Bullish
Williams %R (14)

Neutral zone

-33.1Range
CCI (20)

Balanced zone

74.4Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.5Range
OBV slope

20-period OBV slope

7.70%Bullish
Volume ratio

Relative to 20-period average volume

0.31xBearish

Trend

Dow Theory Structure

Confirmation $51.7, invalidation $42.04

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

32.9 / 30.7 / 8.5Bullish
Supertrend (10,3)

Price is above Supertrend

$39.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$46.82 / $42.09Bullish
Donchian Channel (20)

20-period breakout channel position

67%Range

Momentum

RSI (14)

Neutral zone

55.0Range
MACD (12,26,9)

Histogram is positive

0.091Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

66.9 / 64.2Bullish
Williams %R (14)

Neutral zone

-33.1Range
CCI (20)

Balanced zone

74.4Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$2.85 (5.95%)Bearish
Bollinger Bands (20,2)

Width 23.10%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$52.12 / $40.65Bearish
ATR channel lower / upper

Current Volatility Envelope

$45.03 / $50.73Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.5Range
OBV slope

20-period OBV slope

7.70%Bullish
Volume ratio

Relative to 20-period average volume

0.31xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.71Range
Support

Nearest Downside Decision Level

$40Range

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