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- 9/4/2026 -
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Devon Energy Corp. (DVN) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend resistance lineWeekly  MACD line has moved above its signal line
Daily :The price has risen above the Parabolic SAR
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It was a first positive week for the Devon Energy Corp. (DVN). During the week, the DVN gained 0.71 points, or 1.50%, and closed at 48.06 on Friday, September 4, 2026. Weekly volume was -10% below average.

DVN is a member of Energy Sector. Energy is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See DVN long-term trend chart]
A long-term downtrend had started on June 9, 2022 at 79.40 and reached 25.89 on April 9, 2025. DVN lost 53.51 points, or 67.39%, in 147 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (7.14) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See DVN medium-term trend chart]
A medium-term downtrend had started on March 30, 2026 at 52.71 and reached 40.00 on July 2, 2026. DVN lost 12.71 points, or 24.11%, in 13 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 38.80 and resistance is at 49.35. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See DVN weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.

Short-term trend: [See DVN short-term trend chart]
A short-term uptrend had started on August 26, 2026 at 46.16 and reached 49.46 on September 3, 2026. DVN gained -3.30 points, or -7.15%, in 8 days. The price is now at the 42.42% retracement level.

Daily Technical Indicators: [See DVN daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since September 3, 2026. The distance between MACD and the signal line is low, but getting bigger.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.31
Williams' Percentage Range (W%R) 21.70
Lane's Stochastic (%D-Slow) 73.11
Greed/Fear Indicator (GFI) 68.22
Moving Average Converg./Diverg. (MACD) 1.05
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.24
Williams' Percentage Range (W%R) 29.70
Lane's Stochastic (%D-Slow) 75.27
Greed/Fear Indicator (GFI) 65.75
Moving Average Converg./Diverg. (MACD) 0.99
Trading Signals
Description Value Chart
Upper Bollinger Band 50.19
Monthly Trendline Resistance 49.35
Daily Stochastic Crossing 48.63
Weekly Stochastic Crossing 48.38
Price 48.06
20 Day Moving Average 47.39
Parabolic System 46.18
50 Day Moving Average 44.81
Lower Bollinger Band 44.28
Monthly Trendline Support 38.80
Sector and Industry
Description Name Rank
Sector Energy 12
Industry Oil & Gas Exploration & Production 105
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 46.16
Low Date 08/26/2026
High 49.46
High Date 09/03/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 40.00
Low Date 07/02/2026
High 49.72
High Date 08/20/2026
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 49.35
Support 38.80
High 52.71
High Date 03/30/2026
Low 40.00
Low Date 07/02/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 25.89
Low Date 04/09/2025
High 52.71
High Date 03/30/2026
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 24.00
Support 7.14
High 79.40
High Date 06/09/2022
Low 25.89
Low Date 04/09/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.