DEVON ENERGY CORP (DVN) Stock Technical Analysis
NYSE:DVN - New York Stock Exchange, Inc. - US25179M1036 - Common Stock - Currency: USD
Overall DVN gets a technical rating of 4 out of 10. In the past year, DVN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
77% of all other stocks performed better in the past year than DVN.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month DVN has a been trading in the 33.02 - 38.88 range, which is quite wide. It is currently trading near the high of this range.
DVN has an average volume of 10750900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DVN is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 45% of 211 stocks in the same industry.
DVN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DVN is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DVN has an average technical rating and it also does not offer a high 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.
More info and screens
32.81
53.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 34.49 to 35.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.89 from a trend line in the daily time frame.
- A support zone ranging from 33.14 to 33.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 37.96 to 38.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @39.38 from a horizontal line in the daily time frame.
- Resistance @51.45 from a trend line in the weekly time frame.
- Resistance @53.00 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.13
Mansfield-1.93
10 Day High38.88
10 Day Low33.12
20 Day High38.88
20 Day Low33.02
52 Week High55.09
52 Week Low30.39
Performance
1 Week9.56%
2 Weeks12.18%
1 Month2.85%
3 Month-4.97%
6 Month-16.13%
12 Month-14.56%
2 Year-30.47%
3 Year-37.04%
5 Year130.85%
10 Year-39.13%
15 Year-45.56%
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)0.42
RSI(14)61.06
LBB31.75
UBB38.19
37.49
-1.06 (-2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.75%
1 Week9.56%
2 Weeks12.18%
1 Month2.85%
3 Month-4.97%
6 Month-16.13%
12 Month-14.56%
2 Year-30.47%
3 Year-37.04%
5 Year130.85%
10 Year-39.13%
15 Year-45.56%
Volatility
ATR(14)1.29
ATR(20)%3.23%
ATR Inc5.12%
Range Today1.3
ADR(20)1.1
ADR(20)%2.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.13
Mansfield-1.93
10 Day High38.88
10 Day Low33.12
20 Day High38.88
20 Day Low33.02
52 Week High55.09
52 Week Low30.39
CS1 End35.8
CR1 Start37.96
Volume & EV
DER(3)-0.18%
DER(5)-0.65%
Volume11.55M
Volume Incr56.42%
Vol(5)12.84M
Vol(50)10.75M