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Devon Energy $DVN Technical Update

The Devon Energy (NYSE: DVN) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for DVN, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Technical Summary

Term →Near Mid Long
Rating Weak Weak Neutral
P1 25.78 22.41 23.91
P2 26.46 25.46 34.39
P3 27.61 28.48 44.75
Triggers may have already come
Support and Resistance Plot Chart for DVN

Long Term Trading Plans for DVN

December 17, 2018, 10:45 am ET

The Technical Summary and Trading Plans for DVN help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this DVN Report.

DVN - (Long) Support Plan

The technical summary data tells us to buy DVN near 23.91 with an upside target of 34.39. This data also tells us to set a stop loss @ 23.65 to protect against excessive loss in case the stock begins to move against the trade. 23.91 is the first level of support below 26.09 , and by rule, any test of support is a buy signal. In this case, support 23.91 would be being tested, so a buy signal would exist.

DVN - (Short) Resistance Plan

The technical summary data is suggesting a short of DVN as it gets near 34.39 with a downside target of 23.91. We should have a stop loss in place at 34.65 though. 34.39 is the first level of resistance above 26.09, and by rule, any test of resistance is a short signal. In this case, if resistance 34.39 is being tested, so a short signal would exist.


DVN Long Term Analysis


DVN EPS Analysis

DVN Dividend Chart

DVN Revenue chart

DVN Growth rate - Quarterly

DVN Growth rate - Yearly

DVN PE chart

DVN PEG chart