Hovering near 50-day moving average, Devon Energy gets two possible bullish signals
The selling that has hit the overall market in the last few days has moved some stocks and ETFs below their 50-day moving averages. Devon Energy (NYSE: DVN) has held pretty well considering how much ground the S&P has lost and the stock is hovering right around its 50-day moving average.
Devon has trended lower over the last few weeks and that brought the stock down to the moving average. It also brought the stock down to the lower rail of an upwardly-sloped trend channel and it caused the daily stochastic readings to move in to oversold territory.
The lower rail and the 50-day moving average seem to be acting as support at this time and now the stochastic readings have made a bullish crossover. The last time the stock was set up like this was on March 8 and the stock rallied by over 22% in the next three weeks.
In addition to the support and stochastics crossover, the Tickeron AI Trend Prediction tool generated a bullish signal for Devon on May 6. The signal calls for a gain of at least 4% over the next month and it showed a confidence level of 90%. Previous predictions on Devon have been successful 76% of the time.
Momentum Indicator for DVN turns negative, indicating new downward trend
DVN saw its Momentum Indicator move below the 0 level on July 16, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 86 similar instances where the indicator turned negative. In of the 86 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for DVN turned negative on July 15, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DVN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
DVN moved above its 50-day moving average on July 17, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DVN advanced for three days, in of 327 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 72, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. DVN’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.682) is normal, around the industry mean (4.670). P/E Ratio (8.724) is within average values for comparable stocks, (19.690). Projected Growth (PEG Ratio) (1.692) is also within normal values, averaging (4.890). Dividend Yield (0.047) settles around the average of (0.086) among similar stocks. P/S Ratio (2.144) is also within normal values, averaging (165.746).
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General Information
a company which engages in the exploration, development and production of oil and natural gas properties
Industry OilGasProduction
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