DEVON ENERGY CORP (DVN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DVN - US25179M1036 - Common Stock
We assign a technical rating of 8 out of 10 to DVN. Although DVN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
DVN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 36.57. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
31.41
3 important support areas can be observed.
- A support zone ranging from 33.66 to 34.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.52 to 32.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.73 to 31.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @35.92 from a trend line in the weekly time frame.
- A resistance zone ranging from 36.57 to 37.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 37.92 to 37.95. 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 | UP | POSITIVE | The long term trend for DVN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DVN is up. |
| ChartMill Relative Strength | 40.21 | NEUTRAL | DVN is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of DVN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.78 | NEUTRAL | The RSI value for DVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests DVN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.72 | NEUTRAL | The Stochastics value for DVN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for DVN suggests some volalility. |
| Average Directional Index/ADX (14) | 30.91 | POSITIVE | The high ADX value value for DVN suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 37.01 | 35.41 | 1.60 (4.32%) | 23.13% |
| An entry @37.01. This is a Buy Stop order right above the resistance zone. | An exit @35.41. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.60 points, which is 4.32%. | For a 1.00% total portfolio risk, you can invest 23.13% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DVN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:DVN (11/25/2025, 10:11:09 AM)
35.64
-0.29 (-0.81%)
DEVON ENERGY CORP / DVN FAQ
What is the technical rating for DVN stock?
ChartMill assigns a technical rating of 8 / 10 to DVN.
What is the trend direction for DVN stock?
The current trend direction for DEVON ENERGY CORP (DVN) is Bullish.
Can you provide the RSI signal for DEVON ENERGY CORP?
DEVON ENERGY CORP (DVN) has an RSI value of 62.7826. This indicates that the stock is currently neutral.
What is the MACD signal for DEVON ENERGY CORP (DVN) stock?
The MACD indicator for DEVON ENERGY CORP (DVN) has a value of 0.220263, indicating a bearish trend.
Can you provide the support and resistance levels for DEVON ENERGY CORP?
DEVON ENERGY CORP (DVN) has a support level at 35.92 and a resistance level at 36.57. Check the full technical report for our detailed analysis of DVN support and resistance levels.