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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DVN
The long-term trend has been DOWN since Jan 3rd, 2023 at 58.56
The intermediate-term trend has been DOWN since Feb 1st, 2023 at 61.47
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).
|Year High||46.5425||Year High Date||2018-07-10|
|Year Low||25.87||Year Low Date||2018-11-28|
|52wk High||79.4||52wk High Date||2022-06-09|
|52wk Low||48.86||52wk Low Date||2022-07-06|
|Year End Close||52.04||Average Volume||7,164,876|
|Shares Outstanding||653,700||Short Interest||8,205,949|
|% Institutional||78.4||Market Cap||10,092M|