US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

3 monthsRange50%
3M Range probability 100%Range

DVN 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Break either side of $4.7 - $79.4 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 59.2, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $9.93 (19.26%)

3M

EMA Structure

Range
EMA 8$44.18Bullish
EMA 21$39.98Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 59.2 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $9.93 · BB 75.20%

High volatility

Strength
Bearish
Volume
MFI 52.9 · OBV -20.21%

Relative to 20-period average volume

Strength
Range
Price Levels
$4.7 - $79.4

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+73.31% · 3.8 ATR above latest close

$89.33
Nearest resistance

+54.06% · 2.8 ATR above · 30-bar high

$79.4
Current price

Price shown is delayed

$51.54
Nearest support

-90.88% · 4.7 ATR below · 30-bar low

$4.7
Deeper support zone

-110.14% · 5.7 ATR below latest close

-$5.23
ATR zone

Latest close ± ATR14

$41.61 - $61.47

Indicators

Trend

Dow Theory Structure

Confirmation $25.89, invalidation $52.71

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

Trend strength is active

33.2 / 14.6 / 20.4Bearish
Supertrend (10,3)

Price is above Supertrend

$18.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.43 / --Bullish
Donchian Channel (20)

20-period breakout channel position

48%Range

Volatility

ATR (14)

High volatility

$9.93 (19.26%)Bearish
Bollinger Bands (20,2)

Width 75.20%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$60.62 / $19.64Bearish
ATR channel lower / upper

Current Volatility Envelope

$41.61 / $61.47Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$79.4Range
Support

Nearest Downside Decision Level

$4.7Range

Momentum

RSI (14)

Momentum is strong

59.2Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

87.8 / 64.0Bullish
Williams %R (14)

Overbought zone

-12.2Bearish
CCI (20)

Balanced zone

23.0Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.9Range
OBV slope

20-period OBV slope

-20.21%Bearish
Volume ratio

Relative to 20-period average volume

0.22xBearish

Trend

Dow Theory Structure

Confirmation $25.89, invalidation $52.71

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

Trend strength is active

33.2 / 14.6 / 20.4Bearish
Supertrend (10,3)

Price is above Supertrend

$18.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.43 / --Bullish
Donchian Channel (20)

20-period breakout channel position

48%Range

Momentum

RSI (14)

Momentum is strong

59.2Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

87.8 / 64.0Bullish
Williams %R (14)

Overbought zone

-12.2Bearish
CCI (20)

Balanced zone

23.0Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

High volatility

$9.93 (19.26%)Bearish
Bollinger Bands (20,2)

Width 75.20%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$60.62 / $19.64Bearish
ATR channel lower / upper

Current Volatility Envelope

$41.61 / $61.47Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.9Range
OBV slope

20-period OBV slope

-20.21%Bearish
Volume ratio

Relative to 20-period average volume

0.22xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$79.4Range
Support

Nearest Downside Decision Level

$4.7Range

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