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Archive - 7/11/2025 - 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 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.
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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 |
59 |
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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 |
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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 |
35.60 |
High Date |
06/13/2025 |
Low |
31.49 |
Low Date |
07/01/2025 |
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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 |
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Quarterly Trend |
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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 |
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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 |
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