US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

3 monthsRange47%
3M Range probability 94%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 55.2, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $9.7 (22.12%)

3M

EMA Structure

Range
EMA 8$41.59Bullish
EMA 21$38.62Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 55.2 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $9.7 · BB 75.50%

High volatility

Strength
Bearish
Volume
MFI 42.9 · OBV -17.35%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$4.7 - $79.4

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+103.28% · 4.7 ATR above latest close

$89.1
Nearest resistance

+81.15% · 3.7 ATR above · 29-bar high

$79.4
Current price

Price shown is delayed

$43.83
Nearest support

-89.28% · 4.0 ATR below · 29-bar low

$4.7
Deeper support zone

-111.4% · 5.0 ATR below latest close

-$5
ATR zone

Latest close ± ATR14

$34.13 - $53.53

Indicators

Trend

Dow Theory Structure

Confirmation $25.89, invalidation $52.71

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

Trend strength is active

34.5 / 14.9 / 20.9Bearish
Supertrend (10,3)

Price is above Supertrend

$12.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.06 / --Bullish
Donchian Channel (20)

20-period breakout channel position

34%Range

Volatility

ATR (14)

High volatility

$9.7 (22.12%)Bearish
Bollinger Bands (20,2)

Width 75.50%

44%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$58.52 / $18.91Bearish
ATR channel lower / upper

Current Volatility Envelope

$34.13 / $53.53Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$79.4Range
Support

Nearest Downside Decision Level

$4.7Range

Momentum

RSI (14)

Momentum is strong

55.2Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

59.2 / 47.6Bullish
Williams %R (14)

Neutral zone

-40.8Range
CCI (20)

Balanced zone

-34.6Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.9Bearish
OBV slope

20-period OBV slope

-17.35%Bearish
Volume ratio

Relative to 20-period average volume

0.20xBearish

Trend

Dow Theory Structure

Confirmation $25.89, invalidation $52.71

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

Trend strength is active

34.5 / 14.9 / 20.9Bearish
Supertrend (10,3)

Price is above Supertrend

$12.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.06 / --Bullish
Donchian Channel (20)

20-period breakout channel position

34%Range

Momentum

RSI (14)

Momentum is strong

55.2Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

59.2 / 47.6Bullish
Williams %R (14)

Neutral zone

-40.8Range
CCI (20)

Balanced zone

-34.6Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$9.7 (22.12%)Bearish
Bollinger Bands (20,2)

Width 75.50%

44%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$58.52 / $18.91Bearish
ATR channel lower / upper

Current Volatility Envelope

$34.13 / $53.53Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.9Bearish
OBV slope

20-period OBV slope

-17.35%Bearish
Volume ratio

Relative to 20-period average volume

0.20xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$79.4Range
Support

Nearest Downside Decision Level

$4.7Range

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