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Stock Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Devon Energy Corporation (NYSE:DVN)

Bear Market Rally (-75) - DVN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DVN as it may be in the beginning of a reversal.

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.

Open High Low DVN Price Change
47.7200 49.2225 47.6800 49.0250 +0.9450
Entry Signal

MarketClub’s Trade Triangles for DVN

long term down The long-term trend has been DOWN since Jan 3rd, 2023 at 58.560

intermediate term down The intermediate-term trend has been DOWN since Feb 1st, 2023 at 61.470

short term up The short-term trend has been UP since Mar 28th, 2023 at 48.605

Smart Scan Analysis for DVN

Based on our trend formula, DVN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for DVN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.7200 49.2225 47.6800 49.0250 +0.9450
Prev. Close Volume Bid Ask Time
48.0800 3947870 2023-03-28 12:57:06
Year High46.5425Year High Date2018-07-10
Year Low25.87Year Low Date2018-11-28
52wk High79.452wk High Date2022-06-09
52wk Low44.0352wk Low Date2023-03-16
Year End Close52.04Average Volume11,800,517
Shares Outstanding654,000Short Interest8,205,949
% Institutional78.4Market Cap10,092M
P/E Ratio5.2719Beta1.29
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