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 57.3, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $9.72 (20.3%)

3M

EMA Structure

Range
EMA 8$43.37Bullish
EMA 21$39.65Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 57.3 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $9.72 · BB 74.87%

High volatility

Strength
Bearish
Volume
MFI 52.1 · OBV -22.29%

Relative to 20-period average volume

Strength
Range
Price Levels
$4.7 - $79.4

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+86.14% · 4.2 ATR above latest close

$89.12
Nearest resistance

+65.83% · 3.2 ATR above · 30-bar high

$79.4
Current price

Price shown is delayed

$47.88
Nearest support

-90.18% · 4.4 ATR below · 30-bar low

$4.7
Deeper support zone

-110.49% · 5.4 ATR below latest close

-$5.02
ATR zone

Latest close ± ATR14

$38.16 - $57.6

Indicators

Trend

Dow Theory Structure

Confirmation $25.89, invalidation $52.71

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

Trend strength is active

33.2 / 14.9 / 20.8Bearish
Supertrend (10,3)

Price is above Supertrend

$17.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.43 / --Bullish
Donchian Channel (20)

20-period breakout channel position

41%Range

Volatility

ATR (14)

High volatility

$9.72 (20.3%)Bearish
Bollinger Bands (20,2)

Width 74.87%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$59.7 / $19.86Bearish
ATR channel lower / upper

Current Volatility Envelope

$38.16 / $57.6Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$79.4Range
Support

Nearest Downside Decision Level

$4.7Range

Momentum

RSI (14)

Momentum is strong

57.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

75.3 / 59.8Bullish
Williams %R (14)

Neutral zone

-24.7Range
CCI (20)

Balanced zone

4.3Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.1Range
OBV slope

20-period OBV slope

-22.29%Bearish
Volume ratio

Relative to 20-period average volume

0.05xBearish

Trend

Dow Theory Structure

Confirmation $25.89, invalidation $52.71

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

Trend strength is active

33.2 / 14.9 / 20.8Bearish
Supertrend (10,3)

Price is above Supertrend

$17.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.43 / --Bullish
Donchian Channel (20)

20-period breakout channel position

41%Range

Momentum

RSI (14)

Momentum is strong

57.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

75.3 / 59.8Bullish
Williams %R (14)

Neutral zone

-24.7Range
CCI (20)

Balanced zone

4.3Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

High volatility

$9.72 (20.3%)Bearish
Bollinger Bands (20,2)

Width 74.87%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$59.7 / $19.86Bearish
ATR channel lower / upper

Current Volatility Envelope

$38.16 / $57.6Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.1Range
OBV slope

20-period OBV slope

-22.29%Bearish
Volume ratio

Relative to 20-period average volume

0.05xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$79.4Range
Support

Nearest Downside Decision Level

$4.7Range

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