Logo image of DY6.DE

DEVON ENERGY CORP (DY6.DE) Stock Technical Analysis

FRA:DY6 - Deutsche Boerse Ag - US25179M1036 - Common Stock - Currency: EUR

29.24  -0.13 (-0.44%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to DY6. Recently some decent action could be observed, but in the medium term time frame this is still negative. DY6 was also a bad performer in the overall market in the last year.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
87% of all other stocks performed better in the past year than DY6.
DY6 is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 61% of 60 stocks in the same industry do better.
DY6 is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: DY6 has an average volume of 578 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month DY6 has a been trading in the 26.88 - 31.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
DEVON ENERGY CORP / DY6 Weekly stock chart
DEVON ENERGY CORP / DY6 Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

26.53

50.85

We found 1 important support area.

  • A support zone ranging from 26.80 to 28.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

6 important resistance areas can be observed.

  • A resistance zone ranging from 30.20 to 30.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @31.86 from a trend line in the weekly time frame.
  • Resistance @33.42 from a trend line in the daily time frame.
  • Resistance @35.47 from a trend line in the daily time frame.
  • 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.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for DY6.DE is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for DY6.DE is neutral.
ChartMill Relative Strength13.46NEGATIVEDY6.DE has a low relative strength, it was outperformed by 86.54% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of DY6.DE is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of DY6.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of DY6.DE is below a declining SMA(200).
Relative Strength Index/RSI (14)55.33NEUTRALThe RSI value for DY6.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.07POSITIVEThe MACD value suggests DY6.DE has a positive trend.
Stochastics (14,3)47.91NEUTRALThe Stochastics value for DY6.DE is a neutral value.
Average True Range in percent/ATR (20)2.5MEDIUM VOLATILITYThe ATR as a percentage value for DY6.DE suggests some volalility.
Average Directional Index/ADX (14)12.74NEGATIVEThe low ADX value for DY6.DE suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
DEVON ENERGY CORP / DY6 Daily stock chart

DEVON ENERGY CORP

FRA:DY6 (7/11/2025, 7:00:00 PM)

29.24

-0.13 (-0.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.44%
1 Week7.44%
2 Weeks0.12%
1 Month2.87%
3 Month23.06%
6 Month-10.94%
12 Month-34.18%
2 Year-39.84%
3 Year-52.22%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%2.5%
ATR Inc39.71%
Range Today0.34
ADR(20)0.45
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.46
Mansfield-2.04
10 Day High29.6
10 Day Low26.88
20 Day High31.24
20 Day Low26.88
52 Week High44.56
52 Week Low23.74
CS1 End28.05
CR1 Start30.2
Volume & EV
DER(3)0%
DER(5)0%
Volume17
Volume Incr137.75%
Vol(5)1.26K
Vol(50)578.14