US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

3 monthsBearish59%
3M Downside probability 59%Bearish

DVN 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $38.54 and stabilize above resistance $79.4.

Invalidation Trigger

Break above $79.4 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 54.7, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $9.84 (22.89%)

3M

EMA Structure

Range
EMA 8$41.4Bullish
EMA 21$38.54Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 54.7 · MACD --

Neutral zone

Strength
Bullish
Volatility
ATR $9.84 · BB 75.68%

High volatility

Strength
Bearish
Volume
MFI 42.1 · OBV -14.21%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$4.7 - $79.4

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+107.63% · 4.7 ATR above latest close

$89.24
Nearest resistance

+84.74% · 3.7 ATR above · 29-bar high

$79.4
Current price

Price shown is delayed

$42.98
Nearest support

-89.06% · 3.9 ATR below · 29-bar low

$4.7
Deeper support zone

-111.95% · 4.9 ATR below latest close

-$5.14
ATR zone

Latest close ± ATR14

$33.14 - $52.82

Indicators

Trend

Dow Theory Structure

Confirmation $25.89, invalidation $52.71

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

Trend strength is active

34.5 / 14.7 / 20.6Bearish
Supertrend (10,3)

Price is above Supertrend

$12.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.06 / --Bullish
Donchian Channel (20)

20-period breakout channel position

32%Range

Volatility

ATR (14)

High volatility

$9.84 (22.89%)Bearish
Bollinger Bands (20,2)

Width 75.68%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$58.84 / $18.43Bearish
ATR channel lower / upper

Current Volatility Envelope

$33.14 / $52.82Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$79.4Range
Support

Nearest Downside Decision Level

$4.7Range

Momentum

RSI (14)

Neutral zone

54.7Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

56.4 / 46.7Bullish
Williams %R (14)

Neutral zone

-43.6Range
CCI (20)

Balanced zone

-31.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.1Bearish
OBV slope

20-period OBV slope

-14.21%Bearish
Volume ratio

Relative to 20-period average volume

0.41xBearish

Trend

Dow Theory Structure

Confirmation $25.89, invalidation $52.71

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

Trend strength is active

34.5 / 14.7 / 20.6Bearish
Supertrend (10,3)

Price is above Supertrend

$12.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.06 / --Bullish
Donchian Channel (20)

20-period breakout channel position

32%Range

Momentum

RSI (14)

Neutral zone

54.7Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

56.4 / 46.7Bullish
Williams %R (14)

Neutral zone

-43.6Range
CCI (20)

Balanced zone

-31.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$9.84 (22.89%)Bearish
Bollinger Bands (20,2)

Width 75.68%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$58.84 / $18.43Bearish
ATR channel lower / upper

Current Volatility Envelope

$33.14 / $52.82Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.1Bearish
OBV slope

20-period OBV slope

-14.21%Bearish
Volume ratio

Relative to 20-period average volume

0.41xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$79.4Range
Support

Nearest Downside Decision Level

$4.7Range

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