US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

4 hoursBearish79%
4h Downside probability 79%Bearish

DVN 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $49.39 and stabilize above resistance $51.7.

Invalidation Trigger

Break above $51.7 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 44.1, MACD -0.292

4h
Volatility EnvironmentRange
Low volatility

ATR is $0.8585 (1.76%)

4h

EMA Structure

Range
EMA 8$48.97Bearish
EMA 21$49.39Bearish
EMA 50$49.08Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.1 · MACD -0.292

Momentum is weak

Strength
Bearish
Volatility
ATR $0.8585 · BB 8.26%

Low volatility

Strength
Range
Volume
MFI 27.3 · OBV 13.57%

Relative to 20-period average volume

Strength
Range
Price Levels
$47.53 - $51.7

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.96% · 4.5 ATR above latest close

$52.56
Nearest resistance

+6.19% · 3.5 ATR above · 34-bar high

$51.7
Current price

Price shown is delayed

$48.69
Nearest support

-2.37% · 1.3 ATR below · 34-bar low

$47.53
Deeper support zone

-4.14% · 2.3 ATR below latest close

$46.67
ATR zone

Latest close ± ATR14

$47.83 - $49.54

Indicators

Trend

Dow Theory Structure

Confirmation $51.56, invalidation $49.42

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

27.7 / 16.4 / 38.7Bearish
Supertrend (10,3)

Price is above Supertrend

$45.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$49.69 / $49.53Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Volatility

ATR (14)

Low volatility

$0.8585 (1.76%)Range
Bollinger Bands (20,2)

Width 8.26%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$51.07 / $47.71Range
ATR channel lower / upper

Current Volatility Envelope

$47.83 / $49.54Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.7Range
Support

Nearest Downside Decision Level

$47.53Range

Momentum

RSI (14)

Momentum is weak

44.1Bearish
MACD (12,26,9)

Histogram is negative

-0.292Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.7 / 12.3Bullish
Williams %R (14)

Neutral zone

-76.3Range
CCI (20)

Weak expansion

-111.0Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

27.3Bearish
OBV slope

20-period OBV slope

13.57%Bullish
Volume ratio

Relative to 20-period average volume

0.63xBearish

Trend

Dow Theory Structure

Confirmation $51.56, invalidation $49.42

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

27.7 / 16.4 / 38.7Bearish
Supertrend (10,3)

Price is above Supertrend

$45.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$49.69 / $49.53Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Momentum

RSI (14)

Momentum is weak

44.1Bearish
MACD (12,26,9)

Histogram is negative

-0.292Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.7 / 12.3Bullish
Williams %R (14)

Neutral zone

-76.3Range
CCI (20)

Weak expansion

-111.0Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$0.8585 (1.76%)Range
Bollinger Bands (20,2)

Width 8.26%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$51.07 / $47.71Range
ATR channel lower / upper

Current Volatility Envelope

$47.83 / $49.54Range

Volume / Money Flow

MFI (14)

Money flow is weak

27.3Bearish
OBV slope

20-period OBV slope

13.57%Bullish
Volume ratio

Relative to 20-period average volume

0.63xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.7Range
Support

Nearest Downside Decision Level

$47.53Range

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