DEVON ENERGY CORP (DVN)

US25179M1036 - Common Stock

30.77  +0.25 (+0.82%)

After market: 30.93 +0.16 (+0.52%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to DVN. DVN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, DVN is a bad performer in the overall market: 89% of all stocks are doing better.
DVN is part of the Oil, Gas & Consumable Fuels industry. There are 205 other stocks in this industry, of which 79% are performing better than DVN.
DVN is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so DVN is lagging the market.
In the last month DVN has a been trading in the 30.39 - 39.65 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
DVN has an average volume of 9707940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
DVN Weekly chart
DVN Daily chart
Setup Rating and Analysis

3

The technical rating of DVN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

30.46

53.53

5 important resistance areas can be observed.

  • A resistance zone ranging from 37.23 to 37.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 38.81 to 39.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @40.02 from a horizontal line in the daily time frame.
  • Resistance @46.65 from a trend line in the weekly time frame.
  • Resistance @53.00 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.4
Mansfield-3.7
10 Day High35.91
10 Day Low30.39
20 Day High39.65
20 Day Low30.39
52 Week High55.09
52 Week Low30.39
Performance
1 Week-9.18%
2 Weeks-12.06%
1 Month-20.49%
3 Month-24.56%
6 Month-32.85%
12 Month-32.83%
2 Year-49.98%
3 Year-30.15%
5 Year18.48%
10 Year-49.73%
15 Year-58.14%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.46
RSI(14)19.31
LBB29.7
UBB38.15
DVN Daily chart

DEVON ENERGY CORP

NYSE:DVN (12/20/2024, 8:06:10 PM)

After market: 30.93 +0.16 (+0.52%)

30.77

+0.25 (+0.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.82%
1 Week-9.18%
2 Weeks-12.06%
1 Month-20.49%
3 Month-24.56%
6 Month-32.85%
12 Month-32.83%
2 Year-49.98%
3 Year-30.15%
5 Year18.48%
10 Year-49.73%
15 Year-58.14%
Volatility
ATR(14)0.98
ATR(20)%3.12%
ATR Inc1.22%
Range Today0.74
ADR(20)0.93
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.4
Mansfield-3.7
10 Day High35.91
10 Day Low30.39
20 Day High39.65
20 Day Low30.39
52 Week High55.09
52 Week Low30.39
CS1 EndN/A
CR1 Start37.23
Volume & EV
DER(3)-3.3%
DER(5)-4.11%
Volume34.65M
Volume Incr109.28%
Vol(5)18.66M
Vol(50)9.71M