DEVON ENERGY CORP (DY6.DE) Stock Technical Analysis
Europe - FRA:DY6 - US25179M1036 - Common Stock
29.2 EUR
-0.57 (-1.9%)
Overall DY6 gets a technical rating of 2 out of 10. DY6 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, DY6 is a bad performer in the overall market: 89% of all stocks are doing better.
DY6 is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 63% of 64 stocks in the same industry do better.
Warning: DY6 has an average volume of 443 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
DY6 is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DY6 is lagging the market.
In the last month DY6 has a been trading in the 26.98 - 31.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, DY6 does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- 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
26.53
50.85
We found 2 important support areas.
- Support @28.19 from a trend line in the daily time frame.
- A support zone ranging from 26.80 to 26.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 29.21 to 29.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.39 to 30.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @31.06 from a horizontal line in the daily time frame.
- A resistance zone ranging from 33.16 to 33.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @36.95 from a horizontal line in the daily time frame.
- Resistance @50.35 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for DY6.DE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DY6.DE is up. |
| ChartMill Relative Strength | 11.31 | NEGATIVE | DY6.DE has a low relative strength, it was outperformed by 88.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DY6.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DY6.DE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DY6.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.11 | NEUTRAL | The RSI value for DY6.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests DY6.DE has a negative trend. |
| Stochastics (14,3) | 43.62 | NEUTRAL | The Stochastics value for DY6.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for DY6.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 7.33 | NEGATIVE | The low ADX value for DY6.DE 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)
FRA:DY6 (9/19/2025, 7:00:00 PM)
29.2
-0.57 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.9%
1 Week-1.85%
2 Weeks0.83%
1 Month-0.58%
3 Month7.25%
6 Month-20.6%
12 Month-27.36%
2 Year-37.01%
3 Year-50.25%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%2.83%
ATR Inc-6.41%
Range Today0.03
ADR(20)0.23
ADR(20)%0.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.31
Mansfield-2.05
10 Day High31.06
10 Day Low28.71
20 Day High31.06
20 Day Low26.99
52 Week High41.15
52 Week Low23.74
CS1 End28.19
CR1 Start29.21
Volume & EV
DER(3)0%
DER(5)0%
Volume53
Volume Incr-62.54%
Vol(5)172.8
Vol(50)443.14