The Greedy Trader Weekly Analysis
Sign In Jul 18, 2025
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 7/11/2025 -
Sign In to see current Signals.

Devon Energy Corp. (DVN) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance line
Daily :Daily  MACD line has moved above its signal lineThe price has risen above the Parabolic SAR
Move cursor over the icon to see details.

It was a second consecutive positive week for the Devon Energy Corp. (DVN). During the week, the DVN gained 0.74 points, or 2.23%, and closed at 33.97 on Friday, July 11, 2025. DVN was trading at average weekly trading volume.

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 Wedge chart pattern. The trend support level is at 32.67 and resistance is at 38.24. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.

Medium-term trend: [See DVN medium-term trend chart]
A medium-term downtrend had started on April 12, 2024 at 55.09 and reached 25.89 on April 9, 2025. DVN lost 29.20 points, or 53.00%, in 51 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (20.57) 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 medium-term trend.

Weekly Technical Indicators: [See DVN weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since May 9, 2025. Use the following link to access a MACD help.

Short-term trend: [See DVN short-term trend chart]
A short-term uptrend had started on July 1, 2025 at 31.49 and reached 35.19 on July 8, 2025. DVN gained -3.70 points, or -11.75%, in 7 days. The chart has formed a Broadening Ascending Wedge chart pattern.

Daily Technical Indicators: [See DVN daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.17
Williams' Percentage Range (W%R) 44.80
Lane's Stochastic (%D-Slow) 73.70
Greed/Fear Indicator (GFI) 59.03
Moving Average Converg./Diverg. (MACD) 0.27
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 62.57
Williams' Percentage Range (W%R) 39.40
Lane's Stochastic (%D-Slow) 68.47
Greed/Fear Indicator (GFI) 62.24
Moving Average Converg./Diverg. (MACD) -1.58
Trading Signals
Description Value Chart
Yearly Trendline Resistance 38.24
Monthly Trendline Resistance 36.34
Upper Bollinger Band 35.37
Daily Stochastic Crossing 34.36
Price 33.97
Weekly Stochastic Crossing 33.83
Monthly Trendline Support 33.72
20 Day Moving Average 33.52
Yearly Trendline Support 32.67
50 Day Moving Average 32.58
Parabolic System 31.68
Quarterly Trendline Resistance 31.53
Lower Bollinger Band 31.25
Sector and Industry
Description Name Rank
Sector Energy 6
Industry Oil & Gas Exploration & Production 59
Daily Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Low 31.49
Low Date 07/01/2025
High 35.19
High Date 07/08/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 35.60
High Date 06/13/2025
Low 31.49
Low Date 07/01/2025
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 36.34
Support 33.72
Low 25.89
Low Date 04/09/2025
High 35.60
High Date 06/13/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 31.53
Support 20.57
High 55.09
High Date 04/12/2024
Low 25.89
Low Date 04/09/2025
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Valid
Resistance 38.24
Support 32.67
High 79.40
High Date 06/09/2022
Low 25.89
Low Date 04/09/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.