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 0 out of 10. DVN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, DVN is a bad performer in the overall market: 82% of all stocks are doing better.
DVN is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
DVN has an average volume of 10320900 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 42% of 212 stocks in the same industry.
In the last month DVN has a been trading in the 25.89 - 37.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
DVN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 31.35. Right above this resistance zone may be a good entry point.
More info and screens
30.11
53.53
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 31.35 to 31.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @36.89 from a trend line in the daily time frame.
- Resistance @38.43 from a horizontal line in the daily time frame.
- Resistance @39.38 from a horizontal line in the daily 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
CRS18.87
Mansfield-2.18
10 Day High32.32
10 Day Low28.61
20 Day High37.96
20 Day Low25.89
52 Week High51.46
52 Week Low25.89
Performance
1 Week-2.16%
2 Weeks6.59%
1 Month-19.06%
3 Month-10.82%
6 Month-20.64%
12 Month-39.83%
2 Year-43.08%
3 Year-47.72%
5 Year143.87%
10 Year-55.42%
15 Year-54.83%
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)0.31
RSI(14)44.39
LBB27.45
UBB32.65
30.41
-0.89 (-2.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.84%
1 Week-2.16%
2 Weeks6.59%
1 Month-19.06%
3 Month-10.82%
6 Month-20.64%
12 Month-39.83%
2 Year-43.08%
3 Year-47.72%
5 Year143.87%
10 Year-55.42%
15 Year-54.83%
Volatility
ATR(14)1.4
ATR(20)%6.8%
ATR Inc-43.65%
Range Today1.04
ADR(20)1.75
ADR(20)%5.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.87
Mansfield-2.18
10 Day High32.32
10 Day Low28.61
20 Day High37.96
20 Day Low25.89
52 Week High51.46
52 Week Low25.89
CS1 EndN/A
CR1 Start31.35
Volume & EV
DER(3)-1.08%
DER(5)0.35%
Volume7.57M
Volume Incr-50.32%
Vol(5)5.84M
Vol(50)10.32M