NYSE:DVN - New York Stock Exchange, Inc. - US25179M1036 - Common Stock - Currency: USD
Taking everything into account, DVN scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. DVN was also a bad performer in the overall market in the last year.
DVN has a poor technical rating and the quality of the setup is also only medium 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.
29.95
We found 3 important support areas.
When analyzing the resistance we notice 5 important areas.
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 | DOWN | NEGATIVE | The long term trend for DVN is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DVN is neutral. |
ChartMill Relative Strength | 16.13 | NEGATIVE | DVN has a low relative strength, it was outperformed by 83.87% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DVN is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DVN is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DVN is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 54.44 | NEUTRAL | The RSI value for DVN is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests DVN has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 25.75 | NEUTRAL | The Stochastics value for DVN is a neutral value. |
Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for DVN suggests some volalility. |
Average Directional Index/ADX (14) | 16.47 | NEGATIVE | The low ADX value for DVN suggests a weak or negative trend. |
33.41
+0.76 (+2.33%)