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.
DVN in -4.14% downward trend, declining for three consecutive days on July 01, 2026
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where DVN declined for three days, in of 299 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on June 15, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on DVN as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Aroon Indicator for DVN entered a downward trend on June 30, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where DVN's RSI Oscillator exited the oversold zone, of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 67 cases where DVN's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for DVN just turned positive on July 08, 2026. Looking at past instances where DVN's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DVN advanced for three days, in of 337 cases, the price rose further within the following month. The odds of a continued upward trend are .
DVN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. DVN’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
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 that the returns do not compensate for the risks. DVN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (3.238) is normal, around the industry mean (7.294). P/E Ratio (12.064) is within average values for comparable stocks, (45.768). Projected Growth (PEG Ratio) (2.925) is also within normal values, averaging (5.030). Dividend Yield (0.024) settles around the average of (0.067) among similar stocks. P/S Ratio (1.640) is also within normal values, averaging (5.584).
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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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