US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

4 hoursBearish71%
4h Downside probability 71%Bearish

DVN 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $43.39 and stabilize above resistance $45.53.

Invalidation Trigger

Break above $45.53 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 45.2, MACD -0.023

4h
Volatility EnvironmentRange
Low volatility

ATR is $0.7082 (1.64%)

4h

EMA Structure

Bearish
EMA 8$43.08Bearish
EMA 21$43.39Bearish
EMA 50$43.63Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.2 · MACD -0.023

Neutral zone

Strength
Bearish
Volatility
ATR $0.7082 · BB 6.70%

Low volatility

Strength
Range
Volume
MFI 40.3 · OBV 1.59%

Relative to 20-period average volume

Strength
Range
Price Levels
$42.09 - $45.53

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.39% · 4.5 ATR above latest close

$46.24
Nearest resistance

+5.74% · 3.5 ATR above · 34-bar high

$45.53
Current price

Price shown is delayed

$43.06
Nearest support

-2.25% · 1.4 ATR below · 34-bar low

$42.09
Deeper support zone

-3.9% · 2.4 ATR below latest close

$41.38
ATR zone

Latest close ± ATR14

$42.35 - $43.77

Indicators

Trend

Dow Theory Structure

Confirmation $43.43, invalidation $42.42

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

Trend strength is moderate

17.3 / 22.8 / 23.8Bearish
Supertrend (10,3)

Price is above Supertrend

$41.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.31 / $44.12Bearish
Donchian Channel (20)

20-period breakout channel position

29%Bearish

Volatility

ATR (14)

Low volatility

$0.7082 (1.64%)Range
Bollinger Bands (20,2)

Width 6.70%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$44.41 / $42.32Range
ATR channel lower / upper

Current Volatility Envelope

$42.35 / $43.77Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$45.53Range
Support

Nearest Downside Decision Level

$42.09Range

Momentum

RSI (14)

Neutral zone

45.2Range
MACD (12,26,9)

Histogram is negative

-0.023Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.3 / 31.7Bullish
Williams %R (14)

Neutral zone

-66.7Range
CCI (20)

Balanced zone

-46.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.3Bearish
OBV slope

20-period OBV slope

1.59%Bullish
Volume ratio

Relative to 20-period average volume

1.44xBullish

Trend

Dow Theory Structure

Confirmation $43.43, invalidation $42.42

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

Trend strength is moderate

17.3 / 22.8 / 23.8Bearish
Supertrend (10,3)

Price is above Supertrend

$41.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.31 / $44.12Bearish
Donchian Channel (20)

20-period breakout channel position

29%Bearish

Momentum

RSI (14)

Neutral zone

45.2Range
MACD (12,26,9)

Histogram is negative

-0.023Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.3 / 31.7Bullish
Williams %R (14)

Neutral zone

-66.7Range
CCI (20)

Balanced zone

-46.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.7082 (1.64%)Range
Bollinger Bands (20,2)

Width 6.70%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$44.41 / $42.32Range
ATR channel lower / upper

Current Volatility Envelope

$42.35 / $43.77Range

Volume / Money Flow

MFI (14)

Money flow is weak

40.3Bearish
OBV slope

20-period OBV slope

1.59%Bullish
Volume ratio

Relative to 20-period average volume

1.44xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$45.53Range
Support

Nearest Downside Decision Level

$42.09Range

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