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(DVN) Devon Energy complete technical analysis [charts+indicators] | Buy/Sell Devon Energy | (DVN) share price targets

Complete technical analysis of Devon Energy (DVN) by charts plus indicators, forecast predictions and share price targets for Devon Energy (DVN)

Devon Energy trades in USA in Energy sector.

Showing technical analysis as on 2024-02-20 View latest technical analysis

10 day averaged volume of Devon Energy is 7585500

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	43.41	43.38	43.83	43.13	0.841 times
16 Fri Feb 2024	43.46	43.19	43.73	42.96	0.814 times
15 Thu Feb 2024	43.19	41.86	43.32	41.86	1.166 times
14 Wed Feb 2024	41.84	42.05	42.50	41.65	0.885 times
13 Tue Feb 2024	41.90	42.08	42.27	41.41	0.859 times
12 Mon Feb 2024	42.24	41.79	42.59	41.76	1.051 times
09 Fri Feb 2024	41.59	42.39	42.58	41.35	0.984 times
08 Thu Feb 2024	42.41	41.33	42.49	41.31	1.462 times
07 Wed Feb 2024	41.31	41.17	41.47	40.69	0.891 times
06 Tue Feb 2024	41.08	40.93	41.50	40.74	0.905 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.9, but if it comes below 42.9, then a intra day sell could be more profitable.
If you take a sell trade below 42.9, then use 42.9 as stoploss and 42.12 as target. However if you take a buy trade in stock , then use 42.9 as stoploss and 43.9 as target.

Share price targets for Devon Energy (DVN)

Target Type	Value
Downside Target	40.47
Downside Target	42.58
Downside Target	43.36
Upside Target	43.46
Upside Target	43.73
Upside Target	43.83
Upside Target	46.94
Upside Target	47.35
Upside Target	47.93
Upside Target	50.84

Intraday share price targets for Devon Energy (DVN)

Target Type	Value
Downside Intraday Target	43.08
Downside Intraday Target	42.76
Upside Intraday Target	43.78
Upside Intraday Target	44.16
Upside Intraday Target	43.46

Weekly technical analysis of Devon Energy (DVN)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	43.41	43.38	43.83	43.13	0.176 times
16 Fri Feb 2024	43.46	41.79	43.73	41.41	0.914 times
09 Fri Feb 2024	41.59	41.07	42.58	40.47	1.193 times
02 Fri Feb 2024	41.30	42.58	43.36	41.21	0.888 times
26 Fri Jan 2024	42.62	40.80	42.77	40.56	0.848 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Devon Energy (DVN)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	43.41	42.29	43.83	40.47	0.504 times
31 Wed Jan 2024	42.02	45.62	47.35	40.51	0.924 times
29 Fri Dec 2023	45.30	44.88	46.94	42.95	1.182 times
30 Thu Nov 2023	44.97	47.00	47.93	43.46	0.895 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Devon Energy (DVN)

Price action analysis of Devon Energy ( (DVN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Devon Energy ( (DVN) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Devon Energy ( (DVN) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Devon Energy stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Devon Energy in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Devon Energy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Devon Energy in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Devon Energy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.26 and Devon Energy (DVN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Devon Energy (DVN) stock. Volume based technical analysis of Devon Energy (DVN) stock is negative.

Devon Energy Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.