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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Devon Energy Corporation (NYSE:DVN)

Weak Downtrend (-65) - DVN is showing signs of a strengthening downtrend. Monitor DVN as it may be building momentum to the downside.

Is it time to buy, sell, or avoid DVN?

MarketClub looks at technical strength and momentum to determine if the timing is right for DVN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_DVN
Open High Low DVN Price Change
50.4100 51.0678 50.2950 50.5500 -0.4300
Entry Signal

MarketClub’s Trade Triangles for DVN

long term up The long-term trend has been UP since Mar 12th, 2024 at 46.94

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2024 at 51.11

short term down The short-term trend has been DOWN since Apr 30th, 2024 at 51.43

Smart Scan Analysis for DVN

Based on our trend formula, DVN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DVN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.4100 51.0678 50.2950 50.5500 -0.4300
Prev. Close Volume Bid Ask Time
50.5600 4401282 2024-05-08 15:59:37
Year High46.5425Year High Date2018-07-10
Year Low25.87Year Low Date2018-11-28
52wk High55.0952wk High Date2024-04-12
52wk Low40.4752wk Low Date2024-02-05
Year End Close52.04Average Volume6,930,337
Shares Outstanding635,000Short Interest8,205,949
% Institutional78.4Market Cap10,092M
Assets249,780,000MLiabilities128,110,000M
P/E Ratio9.729Beta1.29
Volatility45.81
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