US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

3 monthsBullish57%
3M Upside probability 57%Bullish

DVN 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $4.7 and reclaim $79.4.

Invalidation Trigger

Lose $4.7 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 57.5, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $10.23 (21.19%)

3M

EMA Structure

Range
EMA 8$42.57Bullish
EMA 21$39.02Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 57.5 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $10.23 · BB 75.15%

High volatility

Strength
Bearish
Volume
MFI 47.2 · OBV -8.82%

Relative to 20-period average volume

Strength
Range
Price Levels
$4.7 - $79.4

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+85.69% · 4.0 ATR above latest close

$89.63
Nearest resistance

+64.49% · 3.0 ATR above · 29-bar high

$79.4
Current price

Price shown is delayed

$48.27
Nearest support

-90.26% · 4.3 ATR below · 29-bar low

$4.7
Deeper support zone

-111.46% · 5.3 ATR below latest close

-$5.53
ATR zone

Latest close ± ATR14

$38.04 - $58.5

Indicators

Trend

Dow Theory Structure

Confirmation $25.89, invalidation $52.71

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

34.5 / 14.1 / 19.8Bearish
Supertrend (10,3)

Price is above Supertrend

$13.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.06 / --Bullish
Donchian Channel (20)

20-period breakout channel position

42%Range

Volatility

ATR (14)

High volatility

$10.23 (21.19%)Bearish
Bollinger Bands (20,2)

Width 75.15%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$60.44 / $17.84Bearish
ATR channel lower / upper

Current Volatility Envelope

$38.04 / $58.5Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$79.4Range
Support

Nearest Downside Decision Level

$4.7Range

Momentum

RSI (14)

Momentum is strong

57.5Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

73.9 / 52.5Bullish
Williams %R (14)

Neutral zone

-26.1Range
CCI (20)

Balanced zone

-1.3Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.2Range
OBV slope

20-period OBV slope

-8.82%Bearish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Trend

Dow Theory Structure

Confirmation $25.89, invalidation $52.71

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

34.5 / 14.1 / 19.8Bearish
Supertrend (10,3)

Price is above Supertrend

$13.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.06 / --Bullish
Donchian Channel (20)

20-period breakout channel position

42%Range

Momentum

RSI (14)

Momentum is strong

57.5Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

73.9 / 52.5Bullish
Williams %R (14)

Neutral zone

-26.1Range
CCI (20)

Balanced zone

-1.3Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$10.23 (21.19%)Bearish
Bollinger Bands (20,2)

Width 75.15%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$60.44 / $17.84Bearish
ATR channel lower / upper

Current Volatility Envelope

$38.04 / $58.5Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.2Range
OBV slope

20-period OBV slope

-8.82%Bearish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$79.4Range
Support

Nearest Downside Decision Level

$4.7Range

Related Forecasts