DEVON ENERGY CORP (DVN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DVN - US25179M1036 - Common Stock
Taking everything into account, DVN scores 3 out of 10 in our technical rating. 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.
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.
More info and screens
31.41
2 important support areas can be observed.
- A support zone ranging from 33.30 to 33.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.73 to 32.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 37.88 to 38.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for DVN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DVN is neutral. |
| ChartMill Relative Strength | 39.7 | NEUTRAL | DVN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DVN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DVN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DVN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.47 | NEUTRAL | The RSI value for DVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests DVN has a negative trend. |
| Stochastics (14,3) | 28.67 | NEUTRAL | The Stochastics value for DVN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for DVN suggests some volalility. |
| Average Directional Index/ADX (14) | 27.98 | POSITIVE | The high ADX value value for DVN suggests a strong trend. |
34.47
-1.42 (-3.96%)
DEVON ENERGY CORP / DVN FAQ
What is the technical rating for DVN stock?
ChartMill assigns a technical rating of 3 / 10 to DVN.
What is the current trend direction of DEVON ENERGY CORP (DVN) stock?
The current trend direction for DEVON ENERGY CORP (DVN) is Bearish.
Can you provide the RSI signal for DEVON ENERGY CORP?
DEVON ENERGY CORP (DVN) has an RSI value of 40.4735. This indicates that the stock is currently neutral.
What is the MACD signal for DVN stock?
The MACD indicator for DEVON ENERGY CORP (DVN) has a value of -0.203473, indicating a bearish trend.
What are the support and resistance levels for DEVON ENERGY CORP (DVN) stock?
DEVON ENERGY CORP (DVN) has a support level at 33.78 and a resistance level at 37.88. Check the full technical report for our detailed analysis of DVN support and resistance levels.