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Stock Trend Analysis Report

Prepared for you on Tuesday, February 7, 2023.

Devon Energy Corporation (NYSE:DVN)

Long-Term Downtrend (-90) - DVN is in a strong downtrend that is likely to continue. While DVN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

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NYSE_DVN
Open High Low DVN Price Change
60.720 61.310 59.855 61.060 +0.920
Entry Signal

MarketClub’s Trade Triangles for DVN

long term down The long-term trend has been DOWN since Jan 3rd, 2023 at 58.56

intermediate term down The intermediate-term trend has been DOWN since Feb 1st, 2023 at 61.47

short term down The short-term trend has been DOWN since Jan 30th, 2023 at 62.41

Smart Scan Analysis for DVN

Based on our trend formula, DVN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DVN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.720 61.310 59.855 61.060 +0.920
Prev. Close Volume Bid Ask Time
65.720 3340065 2023-02-07 12:26:42
Year High46.5425Year High Date2018-07-10
Year Low25.87Year Low Date2018-11-28
52wk High79.452wk High Date2022-06-09
52wk Low48.8652wk Low Date2022-07-06
Year End Close52.04Average Volume7,164,876
Shares Outstanding653,700Short Interest8,205,949
% Institutional78.4Market Cap10,092M
Assets235,570,000MLiabilities126,840,000M
P/E Ratio6.8961Beta1.29
Volatility45.81
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