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Oil & Gas Exploration & Production Industry Stocks Technical Analysis - DVNArchive - 6/18/2026 - Sign In to see current Signals. |
Devon Energy Corp. (DVN) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Devon Energy Corp. (DVN). During the week, the DVN dropped -3.19 points, or -7.04%, and closed at 42.12 on Thursday, June 18, 2026. Weekly volume was 104% above average.
Long-term trend: [See DVN long-term trend chart] A long-term downtrend had started on June 9, 2022 at 79.40 and reached 25.89 on April 9, 2025. DVN lost 53.51 points, or 67.39%, in 147 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (9.94) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See DVN medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 25.89 and reached 52.71 on March 30, 2026. DVN gained -26.82 points, or -103.59%, in 50 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (51.27) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. DVN may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See DVN weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since May 15, 2026. The distance between MACD and the signal line is relatively high and getting bigger. Use the following link to access a MACD help.
Short-term trend: [See DVN short-term trend chart] A short-term downtrend had started on June 11, 2026 at 47.25 and reached 41.52 on June 18, 2026. DVN lost 5.73 points, or 12.13%, in 7 days. The price is now at the 10.47% retracement level.
Daily Technical Indicators: [See DVN daily technical indicators chart] Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since May 20, 2026. This is an indication that the short-term trend is down. The price touches the lower Bollinger Band. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Energy |
6 |
| Industry |
Oil & Gas Exploration & Production |
34 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
47.25 |
| High Date |
06/11/2026 |
| Low |
41.52 |
| Low Date |
06/18/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
51.95 |
| High Date |
05/05/2026 |
| Low |
41.52 |
| Low Date |
06/18/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
52.71 |
| High Date |
03/30/2026 |
| Low |
41.52 |
| Low Date |
06/18/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Broken Support |
| Resistance |
57.32 |
| Support |
51.27 |
| Low |
25.89 |
| Low Date |
04/09/2025 |
| High |
52.71 |
| High Date |
03/30/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Channel |
| Status |
Broken Resistance |
| Resistance |
26.80 |
| Support |
9.94 |
| High |
79.40 |
| High Date |
06/09/2022 |
| Low |
25.89 |
| Low Date |
04/09/2025 |
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