DVN technical analysis

DVN Technical Analysis

Analysis date

August 4, 2026

Market

NYSE (USD)

Daily cutoff

August 3, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

DVN Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
DVN
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
August 3, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series44.57August 3, 2026-Verified
Verification series44.57August 3, 20260.00%Verified

Bottom line

DVN Technical Analysis Summary

DVN (Devon Energy Corporation) shows a recovering technical picture at the August 3, 2026 cutoff. On the daily chart, price at 44.57 sits above SMA20 (43.71), SMA50 (43.71), and SMA200 (41.49) after a +10.43% advance over the last 20 sessions, with the MACD line above its signal and a positive histogram (0.17) confirming improving momentum. The weekly chart at 45.13 has reclaimed SMA50 (40.32) and SMA200 (41.85) but remains below SMA20 (45.69), and the weekly MACD histogram at -0.50 is still negative. Key resistance is at 46.21 (20-day high) with 50.01 (60-day high) above, while support runs from SMA200 at 41.49 through 40.75 (20-day low) to 40.00 (60-day low). A break above 46.21 would strengthen the bullish case; a breakdown below 40.00 would increase bearish pressure.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 3, 2026)

Trend
Recovering. Price at 44.57 is above SMA20 (43.71), SMA50 (43.71), and SMA200 (41.49). The 20-day and 50-day averages are intertwined at 43.71 after the recent chop, so the averages are not yet in a clean bullish stack, but price has reclaimed all three and the SMA200 is sloping upward, supporting the longer-term uptrend.
Momentum
Neutral to bullish. RSI14 at 54.01 is above the 50 midline. The MACD line at 0.30 is above its signal at 0.14 with a positive histogram at 0.17, confirming a bullish crossover and improving short-term momentum.
Volatility
Moderate. ATR14 at 1.31 (2.95% of price) reflects contained daily movement. Bollinger Bands (41.77 to 45.65) are moderately wide, and price is trading in the upper portion near the upper band after the recent advance.
Volume
Below average. Latest volume of 8,657,300 is about 84% of the 20-period average (10,313,070), indicating reduced participation in the recent rebound.

Assessment

The daily timeframe has turned constructive. Price has reclaimed all three major moving averages after the pullback toward the 40.00 area, and the bullish MACD crossover with a positive histogram supports the recovery. The main caveat is below-average volume, which suggests the advance may lack strong conviction. A sustained close above the 20-day high at 46.21 would open the way toward the 60-day high at 50.01, while a drop back below the SMA200 at 41.49 would undermine the recovery.

Weekly (July 27, 2026 week)

Trend
Mixed. Price at 45.13 is below SMA20 (45.69) but above SMA50 (40.32) and SMA200 (41.85). The SMA50 sits above the SMA200, reflecting a medium-term uptrend, and the weekly price has rebounded from the 40.00 area over the last five weeks.
Momentum
Neutral. RSI14 at 53.82 is just above the 50 midline. The MACD line at 0.66 remains below its signal at 1.16 with a negative histogram at -0.50, so weekly momentum is still cautious.
Volatility
Elevated. ATR14 at 3.38 (7.50% of price) reflects wide weekly ranges, common for an energy producer sensitive to crude oil and natural gas prices.
Volume
Below average. Weekly volume of 49,651,200 is about 71% of the 20-week average (70,194,235), showing lighter participation during the recovery.

Assessment

The weekly timeframe is stabilizing. Price has reclaimed the SMA50 and SMA200 support cluster and has posted a +6.92% gain over the last five weeks, but it remains below the 20-week average at 45.69 and the weekly MACD histogram is still negative. A weekly close back above SMA20 at 45.69 would confirm renewed strength, while a break below 40.00 would negate the recovery and put deeper support at risk.

Key indicators

DVN Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)54.0153.82
MACD (12, 26, 9)0.30 / 0.14 / 0.170.66 / 1.16 / -0.50
ATR (14)1.31 (2.95%)3.38 (7.50%)
Bollinger Bands (20, 2)41.77 - 45.6539.81 - 51.57
SMA (20)43.7145.69
SMA (50)43.7140.32
SMA (200)41.4941.85

Price structure

DVN Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price44.5745.13
1-Period Return-1.24%+0.20%
5-Period Return+3.27%+6.92%
20-Period Return+10.43%-1.73%
60-Period Return-3.68%+44.40%
252-Period Return+37.65%+54.33%
52-Week Low30.8530.85
52-Week High52.3452.34
52-Week Position63.85%66.46%

Key levels

DVN Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High46.2152.34
20-Period Low40.7540.00
60-Period High50.0152.34
60-Period Low40.0030.65

Scenarios

DVN Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price closes above the 20-day high at 46.21 on above-average volume and holds above SMA20 and SMA50 at 43.71.

Invalidation

Price falls back below the 60-day low at 40.00.

What to watch

Sustained closes above 46.21; daily RSI pushing above 60; the weekly MACD histogram turning positive.

Range-Bound

Trigger

Price continues to trade between 40.00 support and 46.21 resistance.

Invalidation

A decisive break of either boundary with increasing volume.

What to watch

RSI holding between 45 and 60; price oscillating around the SMA200 at 41.49; volume staying below the 20-day average on up moves.

Bearish

Trigger

Price closes below the SMA200 at 41.49 and then the 20-day low at 40.75, with a break of 40.00 confirming.

Invalidation

Price reclaims SMA20 at 43.71 and holds above it.

What to watch

Sustained closes below the SMA200; increasing downside volume; the daily MACD histogram turning negative.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 3, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 3, 2026, weekly July 27, 2026 week. Generated August 4, 2026.