US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

4 hoursBullish86%
4h Upside probability 86%Bullish

DVN 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $45.56 and reclaim $48.93.

Invalidation Trigger

Lose $45.56 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 51.9, MACD 0.045

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5825 (1.22%)

4h

EMA Structure

Range
EMA 8$47.88Bearish
EMA 21$47.66Bullish
EMA 50$47.68Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.9 · MACD 0.045

Neutral zone

Strength
Bullish
Volatility
ATR $0.5825 · BB 5.07%

Low volatility

Strength
Bullish
Volume
MFI 69.6 · OBV 173.57%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$45.56 - $48.93

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.59% · 2.9 ATR above latest close

$49.52
Nearest resistance

+2.37% · 1.9 ATR above · 34-bar high

$48.93
Current price

Price shown is delayed

$47.8
Nearest support

-4.69% · 3.8 ATR below · 34-bar low

$45.56
Deeper support zone

-5.9% · 4.8 ATR below latest close

$44.98
ATR zone

Latest close ± ATR14

$47.22 - $48.38

Indicators

Trend

Dow Theory Structure

Confirmation $48.93, invalidation $47.08

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

Trend strength is moderate

11.5 / 30.4 / 17.9Bullish
Supertrend (10,3)

Price is above Supertrend

$46.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$47.64 / $47.51Bullish
Donchian Channel (20)

20-period breakout channel position

66%Range

Volatility

ATR (14)

Low volatility

$0.5825 (1.22%)Bullish
Bollinger Bands (20,2)

Width 5.07%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$48.83 / $46.51Bullish
ATR channel lower / upper

Current Volatility Envelope

$47.22 / $48.38Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$48.93Range
Support

Nearest Downside Decision Level

$45.56Range

Momentum

RSI (14)

Neutral zone

51.9Range
MACD (12,26,9)

Histogram is positive

0.045Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

41.1 / 57.2Bearish
Williams %R (14)

Neutral zone

-58.9Range
CCI (20)

Balanced zone

41.9Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

69.6Bullish
OBV slope

20-period OBV slope

173.57%Bullish
Volume ratio

Relative to 20-period average volume

0.84xBearish

Trend

Dow Theory Structure

Confirmation $48.93, invalidation $47.08

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

Trend strength is moderate

11.5 / 30.4 / 17.9Bullish
Supertrend (10,3)

Price is above Supertrend

$46.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$47.64 / $47.51Bullish
Donchian Channel (20)

20-period breakout channel position

66%Range

Momentum

RSI (14)

Neutral zone

51.9Range
MACD (12,26,9)

Histogram is positive

0.045Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

41.1 / 57.2Bearish
Williams %R (14)

Neutral zone

-58.9Range
CCI (20)

Balanced zone

41.9Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.5825 (1.22%)Bullish
Bollinger Bands (20,2)

Width 5.07%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$48.83 / $46.51Bullish
ATR channel lower / upper

Current Volatility Envelope

$47.22 / $48.38Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

69.6Bullish
OBV slope

20-period OBV slope

173.57%Bullish
Volume ratio

Relative to 20-period average volume

0.84xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$48.93Range
Support

Nearest Downside Decision Level

$45.56Range

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