US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

DVN 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $41.32 and reclaim $44.26.

Invalidation Trigger

Lose $41.32 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 59.5, MACD 0.018

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.6384 (1.46%)

4h

EMA Structure

Bullish
EMA 8$43.46Bullish
EMA 21$43.16Bullish
EMA 50$42.81Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.5 · MACD 0.018

Momentum is strong

Strength
Bullish
Volatility
ATR $0.6384 · BB 3.81%

Low volatility

Strength
Bullish
Volume
MFI 64.7 · OBV 9.98%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$41.32 - $44.26

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.7% · 1.8 ATR above latest close

$44.9
Nearest resistance

+1.24% · 0.8 ATR above · 34-bar high

$44.26
Current price

Price shown is delayed

$43.72
Nearest support

-5.49% · 3.8 ATR below · 34-bar low

$41.32
Deeper support zone

-6.95% · 4.8 ATR below latest close

$40.68
ATR zone

Latest close ± ATR14

$43.08 - $44.36

Indicators

Trend

Dow Theory Structure

Confirmation $44.2, invalidation $42.8

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

Trend strength is moderate

12.1 / 19.9 / 11.9Bullish
Supertrend (10,3)

Price is above Supertrend

$41.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.19 / $42.13Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Volatility

ATR (14)

Low volatility

$0.6384 (1.46%)Bullish
Bollinger Bands (20,2)

Width 3.81%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$44.5 / $41.86Bullish
ATR channel lower / upper

Current Volatility Envelope

$43.08 / $44.36Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$44.26Range
Support

Nearest Downside Decision Level

$41.32Range

Momentum

RSI (14)

Momentum is strong

59.5Bullish
MACD (12,26,9)

Histogram is positive

0.018Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.0 / 68.1Bullish
Williams %R (14)

Neutral zone

-26.0Range
CCI (20)

Balanced zone

60.9Range
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

64.7Bullish
OBV slope

20-period OBV slope

9.98%Bullish
Volume ratio

Relative to 20-period average volume

2.68xBullish

Trend

Dow Theory Structure

Confirmation $44.2, invalidation $42.8

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

Trend strength is moderate

12.1 / 19.9 / 11.9Bullish
Supertrend (10,3)

Price is above Supertrend

$41.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.19 / $42.13Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Momentum

RSI (14)

Momentum is strong

59.5Bullish
MACD (12,26,9)

Histogram is positive

0.018Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.0 / 68.1Bullish
Williams %R (14)

Neutral zone

-26.0Range
CCI (20)

Balanced zone

60.9Range
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

Low volatility

$0.6384 (1.46%)Bullish
Bollinger Bands (20,2)

Width 3.81%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$44.5 / $41.86Bullish
ATR channel lower / upper

Current Volatility Envelope

$43.08 / $44.36Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

64.7Bullish
OBV slope

20-period OBV slope

9.98%Bullish
Volume ratio

Relative to 20-period average volume

2.68xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$44.26Range
Support

Nearest Downside Decision Level

$41.32Range

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