US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

3 monthsBullish56%
3M Upside probability 56%Bullish

DVN 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $7.73 and reclaim $79.39.

Invalidation Trigger

Lose $7.73 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 60.6, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $10.98 (26.04%)

3M

EMA Structure

Range
EMA 8$41.05Bullish
EMA 21$41.42Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 60.6 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $10.98 · BB 78.52%

High volatility

Strength
Bearish
Volume
MFI 42.7 · OBV 5.47%

Relative to 20-period average volume

Strength
Range
Price Levels
$7.73 - $79.39

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+114.26% · 4.4 ATR above latest close

$90.37
Nearest resistance

+88.22% · 3.4 ATR above · 24-bar high

$79.39
Current price

Price shown is delayed

$42.18
Nearest support

-81.67% · 3.1 ATR below · 24-bar low

$7.73
Deeper support zone

-107.71% · 4.1 ATR below latest close

-$3.25
ATR zone

Latest close ± ATR14

$31.2 - $53.16

Indicators

Trend

Dow Theory Structure

Confirmation $25.94, invalidation $52.69

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$15.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

33%Range

Volatility

ATR (14)

High volatility

$10.98 (26.04%)Bearish
Bollinger Bands (20,2)

Width 78.52%

41%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$62.06 / $20.42Bearish
ATR channel lower / upper

Current Volatility Envelope

$31.2 / $53.16Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$79.39Range
Support

Nearest Downside Decision Level

$7.73Range

Momentum

RSI (14)

Momentum is strong

60.6Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

39.6 / 35.3Bullish
Williams %R (14)

Neutral zone

-60.4Range
CCI (20)

Balanced zone

-7.2Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.7Bearish
OBV slope

20-period OBV slope

5.47%Bullish
Volume ratio

Relative to 20-period average volume

2.44xBullish

Trend

Dow Theory Structure

Confirmation $25.94, invalidation $52.69

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$15.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

33%Range

Momentum

RSI (14)

Momentum is strong

60.6Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

39.6 / 35.3Bullish
Williams %R (14)

Neutral zone

-60.4Range
CCI (20)

Balanced zone

-7.2Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$10.98 (26.04%)Bearish
Bollinger Bands (20,2)

Width 78.52%

41%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$62.06 / $20.42Bearish
ATR channel lower / upper

Current Volatility Envelope

$31.2 / $53.16Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.7Bearish
OBV slope

20-period OBV slope

5.47%Bullish
Volume ratio

Relative to 20-period average volume

2.44xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$79.39Range
Support

Nearest Downside Decision Level

$7.73Range

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