US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

4 hoursBearish66%
4h Downside probability 66%Bearish

DVN 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $43.22 and stabilize above resistance $47.19.

Invalidation Trigger

Break above $47.19 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 39.6, MACD 0.058

4h
Volatility EnvironmentRange
Low volatility

ATR is $0.7954 (1.9%)

4h

EMA Structure

Bearish
EMA 8$42.69Bearish
EMA 21$43.22Bearish
EMA 50$44.41Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.6 · MACD 0.058

Momentum is weak

Strength
Bearish
Volatility
ATR $0.7954 · BB 7.34%

Low volatility

Strength
Range
Volume
MFI 77.7 · OBV -28.52%

Relative to 20-period average volume

Strength
Range
Price Levels
$41.53 - $47.19

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+14.4% · 7.6 ATR above latest close

$47.99
Nearest resistance

+12.5% · 6.6 ATR above · 34-bar high

$47.19
Current price

Price shown is delayed

$41.95
Nearest support

-0.99% · 0.5 ATR below · 34-bar low

$41.53
Deeper support zone

-2.89% · 1.5 ATR below latest close

$40.73
ATR zone

Latest close ± ATR14

$41.15 - $42.74

Indicators

Trend

Dow Theory Structure

Confirmation $43.65, invalidation $41.83

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

35.6 / 25.2 / 30.0Bearish
Supertrend (10,3)

Price is above Supertrend

$39.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.55 / $45.37Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Volatility

ATR (14)

Low volatility

$0.7954 (1.9%)Range
Bollinger Bands (20,2)

Width 7.34%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$44.72 / $41.63Range
ATR channel lower / upper

Current Volatility Envelope

$41.15 / $42.74Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$47.19Range
Support

Nearest Downside Decision Level

$41.53Range

Momentum

RSI (14)

Momentum is weak

39.6Bearish
MACD (12,26,9)

Histogram is positive

0.058Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.6 / 47.2Bearish
Williams %R (14)

Oversold zone

-80.4Bullish
CCI (20)

Balanced zone

-100.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

77.7Bullish
OBV slope

20-period OBV slope

-28.52%Bearish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Trend

Dow Theory Structure

Confirmation $43.65, invalidation $41.83

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

35.6 / 25.2 / 30.0Bearish
Supertrend (10,3)

Price is above Supertrend

$39.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.55 / $45.37Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Momentum

RSI (14)

Momentum is weak

39.6Bearish
MACD (12,26,9)

Histogram is positive

0.058Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.6 / 47.2Bearish
Williams %R (14)

Oversold zone

-80.4Bullish
CCI (20)

Balanced zone

-100.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$0.7954 (1.9%)Range
Bollinger Bands (20,2)

Width 7.34%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$44.72 / $41.63Range
ATR channel lower / upper

Current Volatility Envelope

$41.15 / $42.74Range

Volume / Money Flow

MFI (14)

Money flow is strong

77.7Bullish
OBV slope

20-period OBV slope

-28.52%Bearish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$47.19Range
Support

Nearest Downside Decision Level

$41.53Range

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