US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

1 weekBearish56%
Weekly Downside probability 56%Bearish

DVN 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $44.41 and stabilize above resistance $52.69.

Invalidation Trigger

Break above $52.69 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 47.1, MACD -1.039

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $4.43 (10.51%)

Weekly

EMA Structure

Bullish
EMA 8$44.54Bearish
EMA 21$44.41Bearish
EMA 50$41.62Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.1 · MACD -1.039

Neutral zone

Strength
Bearish
Volatility
ATR $4.43 · BB 23.55%

High volatility

Strength
Bearish
Volume
MFI 43.3 · OBV 7.42%

Relative to 20-period average volume

Strength
Range
Price Levels
$31.93 - $52.69

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+35.42% · 3.4 ATR above latest close

$57.12
Nearest resistance

+24.91% · 2.4 ATR above · 34-bar high

$52.69
Current price

Price shown is delayed

$42.18
Nearest support

-24.3% · 2.3 ATR below · 34-bar low

$31.93
Deeper support zone

-34.81% · 3.3 ATR below latest close

$27.5
ATR zone

Latest close ± ATR14

$37.75 - $46.61

Indicators

Trend

Dow Theory Structure

Confirmation $51.93, invalidation $44.22

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

29.0 / 10.5 / 24.3Bearish
Supertrend (10,3)

Price is above Supertrend

$31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$45.1 / $42.07Bearish
Donchian Channel (20)

20-period breakout channel position

6%Range

Volatility

ATR (14)

High volatility

$4.43 (10.51%)Bearish
Bollinger Bands (20,2)

Width 23.55%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$52.33 / $36.69Bearish
ATR channel lower / upper

Current Volatility Envelope

$37.75 / $46.61Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.69Range
Support

Nearest Downside Decision Level

$31.93Range

Momentum

RSI (14)

Neutral zone

47.1Range
MACD (12,26,9)

Histogram is negative

-1.039Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.8 / 14.2Bearish
Williams %R (14)

Oversold zone

-94.2Bullish
CCI (20)

Weak expansion

-117.3Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.3Bearish
OBV slope

20-period OBV slope

7.42%Bullish
Volume ratio

Relative to 20-period average volume

0.95xRange

Trend

Dow Theory Structure

Confirmation $51.93, invalidation $44.22

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

29.0 / 10.5 / 24.3Bearish
Supertrend (10,3)

Price is above Supertrend

$31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$45.1 / $42.07Bearish
Donchian Channel (20)

20-period breakout channel position

6%Range

Momentum

RSI (14)

Neutral zone

47.1Range
MACD (12,26,9)

Histogram is negative

-1.039Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.8 / 14.2Bearish
Williams %R (14)

Oversold zone

-94.2Bullish
CCI (20)

Weak expansion

-117.3Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

High volatility

$4.43 (10.51%)Bearish
Bollinger Bands (20,2)

Width 23.55%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$52.33 / $36.69Bearish
ATR channel lower / upper

Current Volatility Envelope

$37.75 / $46.61Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.3Bearish
OBV slope

20-period OBV slope

7.42%Bullish
Volume ratio

Relative to 20-period average volume

0.95xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.69Range
Support

Nearest Downside Decision Level

$31.93Range

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