$DVN Setting Up$DVN has a confluence of down
trending line and horizontal supply line on the right side of its base.
2 more calm days would do the trick and sets up a nice low risk entry.
One to watch.
Devon Energy Corporation
No trades
Market insights
$DVN with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $DVN after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 40%.
$DVN Flag Setup$DVN Flagging in a bull manner.
Worth watching this week. One of the strongest stocks in the energy space.
$DVN #DVN Accumulation of positions by fundsConsecutive 10 of 11 days of green days so far. According to David Ryan Ants' theory may apply but certainly not above average on some days. Watch and see and take the ride up!
DVN PRICE FORECASTDevon Energy Corp. engages in the exploration, development, and production of oil and natural gas properties. It develops and operates Delaware Basin, Eagle Ford, Heavy Oil, Barnett Shale, STACK, and Rockies Oil. The company was founded by J. Larry Nichols and John W. Nichols in 1971 and is headquartered in Oklahoma City, OK.
I think i can find some stocks in the same industry smaller cap but within the billions
that will outperform the 50%- 92% im expecting from DVN
green levels are the targets
the orange levels are levels where we can expect some bearish pullbacks with its growth
dark red levels are worst case senario drops and recovery point (not expecting it for now so dont comment on it)
im doing technical analysis on top pick stocks and their competitors
recommended by followers feel free to suggest my swings leave me with a lot of free time
SENNASEASON
Devon Energy USASun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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DVNThe chart is very clear - please follow the instructions on the chart
The chart is very clear - please follow the instructions on the chart
The chart is very clear - please follow the instructions on the chart
The chart is very clear - please follow the instructions on the chart
The chart is very clear - please follow the instructions on the chart
The chart is very clear - please follow the instructions on the chart
Devon Energy Corp posts BUY signalDVN posts BUY signal based on this past week's price settlement.
Ideal entry, stop and target imaged on the chart.
Support and Resistance structures have been adjusted accordingly for your reference.
Wishing you a blessed and profitable week ahead.
DVN Breakout TrendlineBased on TWB TSCB, DVN must break above 57.75 tonight to see higher level.
Trendline proved to be strong resistance during the pullback. RSI trend showing uptrend, despite current weakness.
Disclaimer.
Can you buy DVN in US stock market ? 28/6/2022It is move in sideway
It is in lower band and test EXMA 200
Increase in volume
So you can buy it
Target 67.25 stop loss 52.85
money management is your responsibility
I recommend entering a maximum of 10% of the portfolio.
good luck
Monthly Chart//Be SafeSteep rise up.
Be safe on the way back down.
This could be an ARC but either way it is very steep and price often returns to the area it lives in, eventually.
No recommendation
Short on DVNLooking for energy to cool off for a minute here. Macro looking bearish (dependent on CPI print) and running a little hot right now. I would expect energy to continue running mid-term, but looking for a pullback on the 1.618 from the covid lows.
DVN Poised for a Break Out (30 Minute Chart)Price keeps being drawn to 78 like a magnet. Riding 9 EMA support, this looks like its ready to break out. High inflationary / High interest rate environments, great for energy. OPEC unable to meet its previous production quotas, much less the recently raised benchmark. Geopolitical conflict in Eastern Europe... Energy is the sector now.
$DVN with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $DVN after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 44.44%.
DVN Current PT $80.00. Consistent bounce off the 30Wk EMA. High inflation and interest rates good for energy.
SHORT DVNLots of negative divergence, now that Energy is pulling back DVN look ready to sell off hard!
dvn longdvn long .. follow the uptrend channel .. buy above the resistance level at 64.33 finally target 71.05
4/3/2022 NYSE (DVN)Buy (Entry Price) within the buy zone area and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $58.95 / $57.97
Target Price: $60.05 / $59.44
Stop Loss: $57.13 / $56.50
DVN is a great play with all of the Russia and Ukraine garbageI look for DVN to hit 58 tomorrow if oil goes up. keep a close look on oil though. if crude prices drop, then DVN could follow. If DVN dips down more then 2 or 3 bucks, buy more. These are all simply my speculations though, and should not be taken as trade advice.
DVN short term overextendedST bearish. Seems overextended with lower momentum. MT and LT unclear; oil is a rough one with a lot of geopolitical influences.
Fundamentals
Forecasted 5.15 EPS 2022
Norm P/E 13.23
Valuation Estimate ~68 based on 2022 forecast. But keep in mind that growth is forecasted to stall after, so around 60 is probably more appropriate.
Value based on 2021 EPS would be 44.58
Geopolitical uncertainty may drive the multiple down
1/16/22 DVNDevon Energy Corporation ( NYSE:DVN )
Sector: Energy Minerals (Oil & Gas Production)
Market Capitalization: 34.114B
Current Price: $50.39
Breakout price: $51.30
Buy Zone (Top/Bottom Range): $47.80-$44.40
Price Target: $56.20-$57.60
Estimated Duration to Target: 74-77d
Contract of Interest: $DVN 4/14/22 55c
Trade price as of publish date: $3.10/contract
