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Devon Energy Corporation

DVN Technical Analysis Summary (NYSE)

Analyze DVN on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

DVN●NYSE
EnergyOil & Gas Exploration & Production
$46.60
$0.13(0.28%)
U.S. Market opens in 6h 26m

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The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

DVN Technical Analysis Summary (NYSE)

Devon Energy Corporation (NYSE: DVN) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.19)
Trend Strength:Weak (ADX: 14.11)
Volatility:Medium (ATR: 1.44)
Support/Resistance:$46.17 – $50.95 (Bollinger Bands)

Technical conditions suggest Devon Energy Corporation on the NYSE is awaiting a decisive move. This mix signals that Devon Energy Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 44.19

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 10.68

Bullish
Oversold zone signals rebound potential.

Williams %R: -83.31

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -4.89

Bearish
Selling pressure outweighs buying.

Takeaway:Devon Energy Corporation shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.03

Bullish
Bullish, trend momentum is strengthening.

ADX: 14.11

Weak
Weak trend, market trading sideways.

ATR (14): 1.44

Low
Low volatility, stable price action.

CCI (14): -131.93

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Devon Energy Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$50.95
Middle Band (SMA 20)
$48.56
Lower Band
$46.17
Current Position
Within Bands

Takeaway:Devon Energy Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$50.81
Middle Line (EMA 20)
$47.92
Lower Channel
$45.03
Squeeze Status
Squeeze On

Takeaway:Devon Energy Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume2.20M
Money Flow Index63.10Bullish, inflows support continued momentum.
Relative Vigor Index35.78Bearish, price momentum favors sellers.

Overall Takeaway:DVN shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Devon Energy Corporation (NYSE: DVN), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Devon Energy Corporation are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: DVN) Technical Analysis FAQ