DEVON ENERGY CORP (DY6.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:DY6 - US25179M1036 - Common Stock
We assign a technical rating of 7 out of 10 to DY6. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, DY6 is a bad performer.
Although DY6 has an excellent technical rating, it does not offer a high 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
26.53
We found 3 important support areas.
- A support zone ranging from 29.25 to 29.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.08 to 28.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 26.80 to 27.18. 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 31.05 to 31.52. 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 DY6.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DY6.DE is up. |
| ChartMill Relative Strength | 20.58 | NEGATIVE | DY6.DE has a low relative strength, it was outperformed by 79.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DY6.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DY6.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DY6.DE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.61 | NEUTRAL | The RSI value for DY6.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests DY6.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.44 | OVERBOUGHT | The high Stochastics value suggests DY6.DE may be overbought. |
| Average True Range in percent/ATR (20) | 1.58 | LOW VOLATILITY | The low ATR as a percentage value for DY6.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 17.25 | NEGATIVE | The low ADX value for DY6.DE suggests a weak or negative trend. |
FRA:DY6 (11/24/2025, 7:00:00 PM)
31.045
+0.08 (+0.24%)
DEVON ENERGY CORP / DY6.DE FAQ
What is the ChartMill technical rating of DEVON ENERGY CORP (DY6.DE) stock?
ChartMill assigns a technical rating of 7 / 10 to DY6.DE.
What is the current trend direction of DEVON ENERGY CORP (DY6.DE) stock?
The current trend direction for DEVON ENERGY CORP (DY6.DE) is Bullish.
Can you provide the RSI signal for DEVON ENERGY CORP?
DEVON ENERGY CORP (DY6.DE) has an RSI value of 63.6146. This indicates that the stock is currently neutral.
What is the MACD signal for DEVON ENERGY CORP (DY6.DE) stock?
The MACD indicator for DEVON ENERGY CORP (DY6.DE) has a value of 0.210109, indicating a bearish trend.
What are the support and resistance levels for DEVON ENERGY CORP (DY6.DE) stock?
DEVON ENERGY CORP (DY6.DE) has a support level at 29.58 and a resistance level at 31.05. Check the full technical report for our detailed analysis of DY6.DE support and resistance levels.