DEVON ENERGY CORP (DVN) Stock Technical Analysis
USA - NYSE:DVN - US25179M1036 - Common Stock
34.35 USD
-0.62 (-1.77%)
34.28 USD
-0.07 (-0.2%)
We assign a technical rating of 3 out of 10 to DVN. DVN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
81% of all other stocks performed better in the past year than DVN.
DVN is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 61% are performing better than DVN.
DVN has an average volume of 7489520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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.
In the last month DVN has a been trading in the 33.58 - 37.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DVN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
31.81
38.30
We found 1 important support area.
- Support @32.13 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 34.44 to 35.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.42 to 37.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.92 from a horizontal line in the daily time frame.
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 | 19.38 | NEGATIVE | DVN has a low relative strength, it was outperformed by 80.62% off all stocks 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) | UP | POSITIVE | The current price of DVN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.55 | NEUTRAL | The RSI value for DVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests DVN has a negative trend. |
| Stochastics (14,3) | 32.34 | NEUTRAL | The Stochastics value for DVN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for DVN suggests some volalility. |
| Average Directional Index/ADX (14) | 17.75 | NEGATIVE | The low ADX value for DVN suggests a weak or negative trend. |
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)
34.35
-0.62 (-1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.77%
1 Week0.09%
2 Weeks-3.94%
1 Month-2.66%
3 Month1.12%
6 Month21.68%
12 Month-20.04%
2 Year-26.24%
3 Year-55.59%
5 Year284.66%
10 Year-18.08%
15 Year-47.17%
Volatility
ATR(14)1.08
ATR(20)%3.2%
ATR Inc4.36%
Range Today1.46
ADR(20)1.02
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.38
Mansfield-1.09
10 Day High37.26
10 Day Low33.99
20 Day High37.26
20 Day Low33.58
52 Week High42.92
52 Week Low25.89
CS1 End32.13
CR1 Start34.44
Volume & EV
DER(3)-1.02%
DER(5)-1.27%
Volume6.87M
Volume Incr-5.99%
Vol(5)7.31M
Vol(50)7.49M