DEVON ENERGY CORP (DY6.DE) Stock Technical Analysis
FRA:DY6 - Deutsche Boerse Ag - US25179M1036 - Common Stock - Currency: EUR
We assign a technical rating of 1 out of 10 to DY6. DY6's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, DY6 is a bad performer in the overall market: 93% of all stocks are doing better.
DY6 is part of the Oil, Gas & Consumable Fuels industry. There are 61 other stocks in this industry, of which 80% are performing better than DY6.
DY6 is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DY6 is lagging the market.
Warning: DY6 has an average volume of 389 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month DY6 has a been trading in the 26.23 - 30.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of DY6 is bad and it also does not present a 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
50.85
When analyzing the support we can see 2 important areas.
- A support zone ranging from 27.47 to 27.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 26.80 to 26.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
7 important resistance areas can be observed.
- Resistance @29.62 from a horizontal line in the weekly time frame.
- Resistance @30.52 from a horizontal line in the daily time frame.
- Resistance @31.25 from a trend line in the daily time frame.
- Resistance @31.84 from a trend line in the weekly time frame.
- A resistance zone ranging from 32.87 to 33.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 36.94 to 36.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for DY6.DE is down. |
| ChartMill Relative Strength | 7 | NEGATIVE | DY6.DE has a low relative strength, it was outperformed by 93% 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) | DOWN | NEGATIVE | The current price of DY6.DE is below 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) | 50.4 | NEUTRAL | The RSI value for DY6.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests DY6.DE has a positive trend. |
| Stochastics (14,3) | 36.85 | NEUTRAL | The Stochastics value for DY6.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for DY6.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.38 | 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 (6/6/2025, 7:00:00 PM)
28.3
+0.64 (+2.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.33%
1 Week5.4%
2 Weeks-1.72%
1 Month2.61%
3 Month-11.15%
6 Month-21.7%
12 Month-36.39%
2 Year-36.97%
3 Year-46.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%2.42%
ATR Inc-25.72%
Range Today0.78
ADR(20)0.43
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7
Mansfield-2.38
10 Day High28.6
10 Day Low26.58
20 Day High30.52
20 Day Low26.23
52 Week High44.88
52 Week Low23.74
CS1 End27.58
CR1 Start29.62
Volume & EV
DER(3)0%
DER(5)0%
Volume48
Volume Incr91.06%
Vol(5)476.4
Vol(50)389.36