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. Although DY6 is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
DY6 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 31.04, a Stop Loss order could be placed below this zone.
More info and screens
26.53
3 important support areas can be observed.
- A support zone ranging from 30.26 to 31.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.68 to 28.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 26.80 to 27.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 31.36 to 31.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 32.37 to 32.77. 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 | 16.39 | NEGATIVE | DY6.DE has a low relative strength, it was outperformed by 83.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DY6.DE is below 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) | 53.68 | NEUTRAL | The RSI value for DY6.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests DY6.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.22 | 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) | 13.94 | NEGATIVE | The low ADX value for DY6.DE suggests a weak or negative trend. |
FRA:DY6 (1/7/2026, 10:47:54 AM)
31.16
-0.17 (-0.54%)
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 trend direction for DY6 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 53.6836. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DEVON ENERGY CORP?
The short term momentum for DEVON ENERGY CORP (DY6.DE) is positive.
Can you provide the support and resistance levels for DEVON ENERGY CORP?
DEVON ENERGY CORP (DY6.DE) has a support level at 31.04 and a resistance level at 31.36. Check the full technical report for our detailed analysis of DY6.DE support and resistance levels.