Stand aside — setup invalidated
Setup score 79, but distribution days reach 5 or more — stand aside until the condition resets.
Simple research view
DVN · Devon Energy Corporation
$50.02 +2.12% Sep 10 close
Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.
$DVN
Devon Energy CorporationDevon Energy Corporation is a large-cap Integrated Oil company in the Energy Minerals sector with a market cap of $55B.
Verdict · setup score 79/100 · data Sep 10 close · 1 session old
Stand aside — setup invalidated
Setup score 79, but distribution days reach 5 or more — stand aside until the condition resets.
Earnings
Normal technical setup
No sourced report date
Event risk is not modelled for this symbol
Deterministic evidence
DVN+2.12%
Sector proxy · XLE-0.58%
Broad market · SPY-0.60%
Session internals Strong momentum
Rule: closed up, at or above the open, in the top third of the day's range. Judged on internals, not on the size of the move.
Vs prior close+2.12%
From the open+0.06%
Range position99%
GapHeld
QQQ confirmationDiverging (-1.06%)
SMH confirmationDiverging (-2.44%)
Short-term conviction -1 points.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
- QQQ, SMH moved against the stock — no index confirmation.
Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.
More stats
52W Low
$31.47
Tight Wks
0
Base
B1
SMA 200
$43.72
RS Line vs High
-19.6%
RS Line Slope
+15.7% ▲
Group Rank
#22/58
ADR%
2.2%
ATR(14)
$1.16 (2.3%)
Vol Pace (live)
N/A
U/D Vol
0.96
A/D Days
16A / 18D
A/D Rating
D
VDU Bars
0/10 d
Power Trend
23d
DVN Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Technical Analysis Report Card
$DVN · $50.02 · as of 2026-09-10 · multi-factor read
91
/ 100
Reference read from price & volume only — the verdict at the top of the page decides the action.
Trend · Daily / Weekly / Monthly
Daily
▲ Uptrend
Weekly
▲ Recovering / early uptrend
Monthly
▲ Uptrend
Moving Averages
50-day$45.25 ↑
100-day$45.67 ↑
200-day$43.72 ↑
Bullish (50 > 200)
RSI (14)
Reading65.9 · Bullish
Bullish momentum — comfortably in buyer territory.
MACD (12/26/9)
StateBullish
Histogram+0.039
Bullish — MACD above its signal line and above zero. Histogram expanding.
Bollinger Bands (20,2)
%B / Width89% · 11.0%
Squeeze — volatility compressing
Near the upper band — buyers in control. Bands are squeezing — volatility is compressing, often a precursor to a sharp move.
Volume · Buyer vs Seller
Up/Down vol0.96 · Neutral
Rel volume1.55×
Balanced — up/down volume is roughly even; no clear hand. Recent volume is easing versus its baseline.
Support & Resistance
R · $50.37swing level
R · $51.95swing level
R · $52.7152-week high
Price · $50.02now
S · $46.16swing level
S · $44.20swing level
S · $43.63swing level
Fibonacci · Downtrend swing
23.6%$42.99
38.2%$44.85
50.0%$46.35
61.8%$47.85
78.6% ◄ price here$49.99
Retracement resistance zones measured from the recent swing high down to the low.
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Daily uptrendWeekly uptrendMonthly uptrendAbove 200-day MA50/200 bullish
Want this read in a legend's voice?
Ask a Legend about DVN
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts
6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
Council consensus:
4 of 6 legends are Watching — building, not yet a confirmed buy.
Avoid
Minervini D
Trend-template read: fails 50-day MA > 150-day MA AND 200-day MA.
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $50.02, MA150 $45.86, MA200 $43.72
1.2 150-day MA > 200-day MAMA150 $45.86 vs MA200 $43.72
Failing evidence
1.4 50-day MA > 150-day MA AND 200-day MAMA50 $45.25, MA150 $45.86, MA200 $43.72
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 59
Avoid
O'Neil D
CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
Passing evidence
N: Near 52-week high or RS line new high5.1% below high | RS line new high: False
S: Volume ≥ 40% above average on breakoutVolume ratio 1.55x
Failing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 59
C: Quarterly EPS acceleration ≥ 25%Data unavailable
Watch
Weinstein C
Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $50.02 vs MA200 $43.72
Failing evidence
Relative strength ≥ 60RS 59
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
Watch
Livermore B
Pivotal-point read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$50.02
Volume vs average1.55x
Failing evidence
Relative strengthRS 59
Pivotal point cleared on expanding volumeNot confirmed
Watch
Darvas B
Box-theory read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$50.02
Volume vs average1.55x
Failing evidence
Relative strengthRS 59
Box top broken on heavy volumeNot confirmed
Watch
Wyckoff B
Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$50.02
Volume vs average1.55x
Failing evidence
Relative strengthRS 59
Sign of Strength confirmed on expanding volumePrice hasn't cleared the pivot yet — confirmation pending
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?
Latest candle: Hammer — Long lower shadow with a small body near the high — buyers rejected lower prices. Bullish when it appears at support or after a pullback.
RS Line vs SPY
52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
▲ Rising
Accumulation / Distribution
last 65 sessions · green = acc on high vol · red = dist on high vol
Net -3
Fundamentals & leadership quality — Minervini’s published criteria · 2/7 met
C
2/7 criteria
Separate score from the Minervini Trend Template (6/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
—
Revenue growth ≥20% YoY
+8%
Gross margin ≥30%
—
ROE ≥17%
—
RS rating ≥80 (leadership)
59
Stage 2 uptrend (Weinstein)
Stage 2
Within 25% of 52W high
-5.1%
Method Playbook
Trade it like Darvas
EXACT LEVELS · PRO
Darvas B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro levelPublished-method rule: Use the top of the active Darvas box near the high as the mechanical breakout boundary.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Require price to clear the box top with volume confirmation; movement inside the box remains observation, not a trigger.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro levelPublished-method rule: Start below the active box support or the canonical structural stop that proves the breakout failed.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: As higher boxes form, raise the stop beneath the newest confirmed box floor; the stop moves up only.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro levelPublished-method rule: Exit when price breaks the active box floor or decisively falls back through the breakout structure.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →
Forming Patterns (predictive — not confirmed)
Cup & Handle
bullish
early
60%
built
Cup base building — 79% of the 24%-deep cup recovered. Watch for the right side to reach ~52.71, then a handle.
Confirms above
52.71
Invalidates at
46.35
Rim
52.71
Cup Low
39.99
Pivot
52.71
Mid Cup
46.35
Cup depth 24%, recovery 79%, handle=not yet
Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.
Pattern Analysis
79
setup score
RS Score
59
Trend template
6/8
Why This Setup?
Trend Only · schematic
Gatekeeper 6/8 | Moderate trend (6/8) | Volume surging | Power Trend | Stage 2 | Gap-up day (1.6× vol)
The Universal Edge Check · context only
What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.
2/7
universals met
- A relative-strength leader — not met RS rank 50 — laggard
- Risk is defined — not met No stop — undefined risk
- Asymmetric reward — partly met No target set
- Clear of earnings — partly met Report date unknown
- Not chasing (in range) — partly met Pivot distance unknown
- In a confirmed uptrend — met Stage 2 · Trend template 6/8
- Volume confirms — met 1.6× average
Minervini Trend Template
6/8Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
Price above SMA 150 & 200
$50.02 vs SMA150 $45.86 / SMA200 $43.72
SMA 150 above SMA 200
SMA150 $45.86 vs SMA200 $43.72
SMA 200 trending up
Slope +1.42 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $45.25
Price above SMA 50
$50.02 vs SMA50 $45.25
30%+ above 52-week low
+58.9% from $31.47
Within 25% of 52-week high
-5.1% from $52.71
RS score above 70
RS 59
Fundamentals
52W Range
87%
Mkt Cap SEC
55.0B
Rev YoY
+8%
EPS TTM
$4.17
P/E TTM
12.0x
Float
1.1B
Company
Company profile
Devon Energy Corporation
Weekly Context
Multi-timeframe signals from weekly barsW. Trend
6/8
W. RS
70
W. Support
$39.99
W. Resist
$52.71
Weekly Structure
Trend
Neutral
Tight Weeks
0
Confirmation
Neutral
Scan History
20× streakSep 11
Trend Only
✓ Gate
79
Sep 11
Trend Only
✓ Gate
78
Sep 11
Trend Only
✓ Gate
78
Sep 10
Trend Only
✓ Gate
71
0.0%
Sep 10
Trend Only
✓ Gate
70
0.0%
Sep 09
Trend Only
✓ Gate
73
+2.1%
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