US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

4 hoursBearish64%
4h Downside probability 64%Bearish

DVN 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $47.31 and stabilize above resistance $49.72.

Invalidation Trigger

Break above $49.72 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 47.8, MACD -0.142

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5982 (1.27%)

4h

EMA Structure

Range
EMA 8$46.98Bullish
EMA 21$47.31Bearish
EMA 50$46.9Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.8 · MACD -0.142

Neutral zone

Strength
Bearish
Volatility
ATR $0.5982 · BB 8.21%

Low volatility

Strength
Bullish
Volume
MFI 61.2 · OBV -8.88%

Relative to 20-period average volume

Strength
Range
Price Levels
$46.16 - $49.72

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.79% · 5.3 ATR above latest close

$50.32
Nearest resistance

+5.52% · 4.3 ATR above · 34-bar high

$49.72
Current price

Price shown is delayed

$47.12
Nearest support

-2.04% · 1.6 ATR below · 34-bar low

$46.16
Deeper support zone

-3.31% · 2.6 ATR below latest close

$45.56
ATR zone

Latest close ± ATR14

$46.52 - $47.72

Indicators

Trend

Dow Theory Structure

Confirmation $47.4, invalidation $46.32

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

Trend strength is active

42.3 / 19.3 / 32.2Bearish
Supertrend (10,3)

Price is above Supertrend

$45.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$47.36 / $46.69Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Volatility

ATR (14)

Low volatility

$0.5982 (1.27%)Bullish
Bollinger Bands (20,2)

Width 8.21%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$48.43 / $46.18Bullish
ATR channel lower / upper

Current Volatility Envelope

$46.52 / $47.72Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$49.72Range
Support

Nearest Downside Decision Level

$46.16Range

Momentum

RSI (14)

Neutral zone

47.8Range
MACD (12,26,9)

Histogram is negative

-0.142Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.9 / 29.1Bullish
Williams %R (14)

Neutral zone

-57.1Range
CCI (20)

Balanced zone

-44.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

61.2Bullish
OBV slope

20-period OBV slope

-8.88%Bearish
Volume ratio

Relative to 20-period average volume

1.16xBullish

Trend

Dow Theory Structure

Confirmation $47.4, invalidation $46.32

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

Trend strength is active

42.3 / 19.3 / 32.2Bearish
Supertrend (10,3)

Price is above Supertrend

$45.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$47.36 / $46.69Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Momentum

RSI (14)

Neutral zone

47.8Range
MACD (12,26,9)

Histogram is negative

-0.142Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.9 / 29.1Bullish
Williams %R (14)

Neutral zone

-57.1Range
CCI (20)

Balanced zone

-44.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$0.5982 (1.27%)Bullish
Bollinger Bands (20,2)

Width 8.21%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$48.43 / $46.18Bullish
ATR channel lower / upper

Current Volatility Envelope

$46.52 / $47.72Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

61.2Bullish
OBV slope

20-period OBV slope

-8.88%Bearish
Volume ratio

Relative to 20-period average volume

1.16xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$49.72Range
Support

Nearest Downside Decision Level

$46.16Range

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