GET DAILY SIGNALSHovering 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.
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DVN sees MACD Histogram crosses below signal line
DVN saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on November 02, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 46 instances where the indicator turned negative. In 32 of the 46 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 70%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on November 02, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on DVN as a result. In 57 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 68%.
DVN moved below its 50-day moving average on November 02, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for DVN crossed bearishly below the 50-day moving average on November 06, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 13 of 19 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 68%.
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 50 of 62 cases within the following month. The odds of a continued downward trend are 67%.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +5.00% 3-day Advance, the price is estimated to grow further. Considering data from situations where DVN advanced for three days, in 229 of 331 cases, the price rose further within the following month. The odds of a continued upward trend are 69%.
DVN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In 147 of 214 cases where DVN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 69%.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is 27 (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 Price Growth Rating for this company is 56 (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 65 (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 79 (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 worse than average.
The Tickeron Valuation Rating of 80 (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 (1.112) is normal, around the industry mean (3.610). P/E Ratio (9.156) is within average values for comparable stocks, (3.187). Projected Growth (PEG Ratio) (2.925) is also within normal values, averaging (1.958). Dividend Yield (0.030) settles around the average of (0.050) among similar stocks. P/S Ratio (1.730) is also within normal values, averaging (5.980).
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a company which engages in the exploration, development and production of oil and natural gas properties
Industry OilGasProduction
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