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DVN · Devon Energy Corporation

$51.64 +0.49% Oct 26 close

Detected setup Cup & Handle · Setup Score 95/100

Stand aside — setup invalidated

Setup score 95, but distribution days reach 5 or more — stand aside until the condition resets.

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$DVN

Devon Energy Corporation

Devon Energy Corporation is a large-cap Integrated Oil company in the Energy Minerals sector with a market cap of $57B.

Energy Minerals Integrated Oil stock Stage 2 · Advancing Base 1

$51.64 latest close

Market Structure

Trend structure: downtrend

Latest event: bos (bearish)

Support 43.63–43.65 · 3 touches · moderate

Support 46.15–46.21 · 3 touches · moderate

Support 49.46–49.72 · 3 touches · moderate

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Verdict · setup score 95/100 · data Oct 26 close · latest session

Stand aside — setup invalidated

Setup score 95, but distribution days reach 5 or more — stand aside until the condition resets.

Review six verdicts Inspect chart

Recent price action · daily

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

Minervini 2. ROE ≥ 17% — ROE 14.8%
Minervini 2. Revenue growth ≥ 20% YoY — +7.8% YoY
O'Neil A: Annual earnings & revenue quality — Rev +7.8% | ROE 14.8%
O'Neil M: Market in confirmed uptrend — Market phase: uptrend_under_pressure
Weinstein Volume expansion above average — Volume ratio 0.77x
Weinstein Weekly price coiling (Stage 2 consolidation) — Tightening weekly range confirms base

Minority view — the council disagrees here

Minervini: watch Trend-template read: 10/12 pass; wait for the soft misses to improve.
O'Neil: watch CANSLIM read: 4/8 pass; improvement is still needed.
Weinstein: watch Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.

71 Strong

Legend Score · rates the stock Strong (71/100) — held back by eps growth

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

Relative Strength (25%) 86
Trend Template (25%) 100
Institutional Footprint (20%) 67
EPS Growth (15%) 30
Quality (SMR-like) (15%) 44

RS rank 85: beating most of the market. Trend template 8/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 67: mild accumulation. EPS up +0% — growing, but below the 25% leadership bar. Quality 44: weak fundamentals (sales growth 30, return on equity 41, leverage 100). Updated 2026-10-27.

Earnings

Pre-earnings setup

Next earnings Tuesday, November 3, 2026 After market close Exact clock time not supplied by source

Deterministic evidence

DVN+0.49%

Sector proxy · XLE+0.45%

Broad market · SPY+0.71%

Same completed session window ending 2026-10-26. DVN was +0.04 points vs XLE. -0.22 points vs SPY.

CatalystPending Stock reactionPositive Sector reactionWeak Opening surgePending Event riskEarnings-driven

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+0.49% From the open+0.39% Range position68% GapNo gap

QQQ confirmationConfirming (+1.11%) SMH confirmationConfirming (+2.74%)

Short-term conviction -1 points.

A sourced earnings report is still pending inside the risk window; ordinary technical conviction is reduced until it is out.

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.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $51.64 +0.5% Oct 26 close

52W High $52.71 2.0% below high

Wks Since High 29w

Base Depth 24.1%

RS Rank 68 percentile of scan

SMA 50 $48.65

Avg Vol 10,909,732

Rel Vol (Oct 26) 0.77× 1.21× on up days

More stats

52W Low $31.65

Tight Wks 0

Base B1

SMA 200 $45.67

RS Line vs High -17.8%

RS Line Slope +10.6% ▲

Group Rank #8/66

ADR% 2.8%

ATR(14) $1.44 (2.8%)

Vol Pace (live) N/A

A/D Days 13A / 9D

A/D Rating A

VDU Bars 0/10 d

Power Trend 16d

Earnings in 7d

Position in 52-week range 95thpercentile of the 52-week range

$31.65low

$52.71high

DVN Chart

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Technical Analysis Report Card

$DVN · $51.64 · as of 2026-10-26 · multi-factor read

100

/ 100

Technicals 100/100

Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▲ Uptrend

Weekly ▲ Uptrend

Monthly ▲ Uptrend

Moving Averages

50-day$48.65 ↑

100-day$46.10 ↑

200-day$45.67 ↑

Bullish (50 > 200)

RSI (14)

Reading62.4 · Bullish

Bullish momentum — comfortably in buyer territory.

MACD (12/26/9)

StateBullish

Histogram+0.200

Bullish — MACD above its signal line and above zero. Histogram expanding.

Bollinger Bands (20,2)

%B / Width91% · 13.0%

Near the upper band — buyers in control.

Volume · Buyer vs Seller

Up/Down vol1.21 · Neutral

Rel volume0.77×

Pocket pivots · 10d2

5d vs 50d vol93%

Heavy vol up / down0 / 0

Balanced — up/down volume is roughly even; no clear hand. Recent volume is easing versus its baseline.

Pocket pivot 1 session ago — up-day volume beat every down day of the prior 10 sessions.

Support & Resistance

R · $51.83swing level

R · $52.7152-week high

Price · $51.64now

S · $46.16swing level

S · $45.56swing level

S · $44.20swing level

Fibonacci · Uptrend swing

23.6%$49.14

38.2%$47.39

50.0%$45.98

61.8%$44.57

78.6%$42.55

Retracement support zones measured from the recent swing low up to the high.

The verdict is free. The trade plan is Pro.

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Daily uptrendWeekly uptrendMonthly uptrendAbove 200-day MA50/200 bullishRS 85 (leader)

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.
How to read the numbers: the setup score (95/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 9 of 9 legends are Watching — building, not yet a confirmed buy.

Minervini Watch B Trend-template read: 10/12 pass; wait for the soft misses to improve.

mediumEnter on break of $51.75 pivot with stop at $49.58 (risk 4.2%). SEPA Grade B (5/7).

Passing evidence

1.1 Price > 150-day MA AND 200-day MAPrice $51.64, MA150 $46.70, MA200 $45.67

1.2 150-day MA > 200-day MAMA150 $46.70 vs MA200 $45.67

Failing evidence

2. ROE ≥ 17%ROE 14.8%

2. Revenue growth ≥ 20% YoY+7.8% YoY

10/12 checks

Method → Playbook → Ask →

O'Neil Watch D CANSLIM read: 4/8 pass; improvement is still needed.

mediumCup & Handle still forming in a top industry group — ideal buy point at $51.75 on big volume. CANSLIM 80.

Passing evidence

C: Quarterly EPS acceleration ≥ 25%+26.8% QoQ

L: RS rank ≥ 80 (IBD leadership)RS rank 85

Failing evidence

A: Annual earnings & revenue qualityRev +7.8% | ROE 14.8%

M: Market in confirmed uptrendMarket phase: uptrend_under_pressure

4/8 checks

Method → Playbook → Ask →

Weinstein Watch C Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.

mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.

Passing evidence

Stage 2 (Advancing phase) confirmedStage 2 (Advancing)

Price above 30-week MA (200-day proxy)Price $51.64 vs MA200 $45.67

Failing evidence

Volume expansion above averageVolume ratio 0.77x

Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base

5/7 checks

Method → Playbook → Ask →

dennis Watch C Turtle read: no breakout yet. Price is pressing the 20-day high. The system waits for the print; it never anticipates.

Passing evidence

No breakdown below the 20-day channel20-day low $45.56

Volatility-unit sizing (1N ≈ 1% of equity)1N = $1.45 (2.80% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk

Failing evidence

S1: 20-day Donchian breakoutNot confirmed

S2: 55-day Donchian breakoutNot confirmed

5/7 checks

Method → Playbook → Ask →

zanger Watch B Zanger read: the structure is fine but the breakout quality is not there yet — wait for 150%+ volume on the break.

partialZanger would buy the Cup & Handle breakout only with 150-200% volume, never more than 5% above the breakout point, with a 2-3% stop set at entry. His edge over O'Neil is the exit plan: sell 20-30% of the position at +15-20%, then trail the rest on the 10/20-day moving average.

Passing evidence

Named Zanger pattern onlyCup & Handle

Not extended (≤5% above the breakout point)Measured as passing

Failing evidence

Breakout volume 1.5-2.0x averageData unavailable

5/6 checks

Method → Playbook → Ask →

zweig Watch B Zweig read: part of his screen passes but not all: Insider buying — wait for the full growth screen before treating this as a Zweig setup.

Passing evidence

EPS growth above the market (≥15% QoQ)+26.8% QoQ — Zweig wants growth above the S&P average

Reasonable price for the growth (P/E ≤ 35)Trailing P/E 12.4x — no PEG or forward P/E stored

Failing evidence

Insider buyingNo insider buying flagged

Monetary conditions: don't fight the FedFed series stored but too thin to read direction

5/8 checks

Method → Playbook → Ask →

Livermore Watch B Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.

Passing evidence

Price$51.64

Relative strengthRS 85

Failing evidence

Volume vs average0.77x

Pivotal point cleared on expanding volumeNot confirmed

4/6 checks

Method → Playbook → Ask →

Darvas Watch B Box-theory read: constructive evidence is present, but volume vs average is unresolved.

mediumStock is at the top of its box — Darvas would wait for a decisive breakout on volume.

Passing evidence

Price$51.64

Relative strengthRS 85

Failing evidence

Volume vs average0.77x

Box top broken on heavy volumeNot confirmed

4/6 checks

Method → Playbook → Ask →

Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.

Passing evidence

Price$51.64

Relative strengthRS 85

Failing evidence

Volume vs average0.77x

Sign of Strength confirmed on expanding volumePrice hasn't cleared the pivot yet — confirmation pending

4/6 checks

Method → Playbook → Ask →

Base & Breakout

Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

Unlock Base & Breakout Tracking

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 +1 A

Minervini · Grade Card

Fundamentals & leadership quality — Minervini’s published criteria · 5/7 met

B 5/7 criteria

Separate score from the Minervini Trend Template (8/8): 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 +27%

✗ Revenue growth ≥20% YoY +8%

✓ Gross margin ≥30% 44%

✗ ROE ≥17% 15%

✓ RS rating ≥80 (leadership) 85

✓ Stage 2 uptrend (Weinstein) Stage 2

✓ Within 25% of 52W high -2.0%

Method Playbook

Trade it like Dennis EXACT LEVELS · PRO

Minervini O'Neil Livermore Weinstein Darvas Wyckoff

Dennis C · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.

Pivot

Pro level

Published-method rule: Use the 20-day channel high (System 1) or 55-day channel high (System 2) as the breakout trigger.
Evidence: Canonical setup geometry is available with Pro.

Entry trigger

Pro level

Published-method rule: Buy the breakout print mechanically — no prediction, no hesitation, no chasing below the channel high.
Evidence: Canonical setup geometry is available with Pro.

Initial stop

Pro level

Published-method rule: Place the stop at 2N (N = 20-day ATR) below entry, set before the trade and never moved except up on winners.
Evidence: Canonical setup geometry is available with Pro.

Trail

Rule-based

Published-method rule: Add at 0.5N intervals up to 4 units; trail the stop beneath each new add level, never loosen it.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.

Exit / invalidation

Pro level

Published-method rule: Exit System 1 at the 10-day low and System 2 at the 20-day low — the exit is part of the system, not a decision.
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 →

Pattern Analysis

Cup & Handle

95 setup score

RS Score 85

Trend template 8/8 ✓

CANSLIM 79.5* (B)

21.7% cup depth 3.1% handle

Cup 21.7% deep from a $51.05 left rim to a $39.99 low
Rims 1.3% apart (ideal, within 10%)
Handle pulled back 3.1% over 1 bar from $47.19 to $45.75
Handle sits in the upper half of the cup
Rounded U-shaped bottom
Pivot $51.70 fixed at the handle high
No close above the pivot yet
Volume dried up in the handle

Raw detector evidence · confidence is a heuristic match score, not a probability

depth=21.7%, handle_pb=3.1%, lips_diff=1.3%, upper_half=yes, u_shape=yes, near_pivot=yes, orderly=yes | Strong trend (8/8) | Top RS (85) | High-confidence pattern (97%) | Power Trend | Stage 2 | Readiness 77/100 (watch) | CANSLIM 79.5 (B)
setup_key=cup_handle|2026-07-02|2026-09-14|51.70 · cup_handle/2026-10-03
anchors={"bottom": {"bar": 129, "bars_ago": 80, "date": "2026-07-02", "price": 39.99}, "breakout": null, "handle_high": {"bar": 192, "bars_ago": 17, "date": "2026-10-01", "price": 47.19}, "handle_low": {"bar": 193, "bars_ago": 16, "date": "2026-10-02", "price": 45.75}, "left_lip": {"bar": 69, "bars_ago": 140, "date": "2026-04-07", "price": 51.055}, "right_lip": {"bar": 179, "bars_ago": 30, "date": "2026-09-14", "price": 51.7}}

Why This Setup? D+W Confluence

Cup & Handle · schematic

Pocket Pivot ⚠ Not actionable yet

55 setup score

RS Score 85

Trend template 8/8 ✓

CANSLIM 75.9* (B)

volume ratio: 1.26 near moving avg: ✓ upper close: ✓ shooting star: ✗ price past buy range: ✗ vol beats down: ✓ bars since signal: 1 signal close: 51.39 validation reason: valid pocket-pivot multi tf evaluated: ✓ multi tf reason: weekly trend template 8/8 confirmed + no fresh 13-week low

Why This Setup? D+W Confluence

Pocket Pivot · schematic

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.

4/7 universals met

Clear of earnings — not met in 7 days — event risk
A relative-strength leader — partly met RS rank 68 — middling
Volume confirms — partly met 0.8× average — light
Asymmetric reward — met Met — levels are a Pro detail
In a confirmed uptrend — met Stage 2 · Trend template 8/8
Not chasing (in range) — met Met — levels are a Pro detail
Risk is defined — met Met — levels are a Pro detail

Why these seven? → The Universal Edge

Minervini Trend Template

8/8 ✓

Grades 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 $51.64 vs SMA150 $46.70 / SMA200 $45.67

SMA 150 above SMA 200 SMA150 $46.70 vs SMA200 $45.67

SMA 200 trending up Slope +1.26 over 20 days

SMA 50 above SMA 150 & 200 SMA50 $48.65

Price above SMA 50 $51.64 vs SMA50 $48.65

30%+ above 52-week low +63.2% from $31.65

Within 25% of 52-week high -2.0% from $52.71

RS score above 70 RS 85

Fundamentals

52W Range

95%

Mkt Cap SEC

56.8B

EPS QoQ

+27%

Rev YoY

+8%

ROE

15%

Gross Margin

44%

D/E

0.54

EPS TTM

$4.17

P/E TTM

12.4x

Float

1.1B

Insider

No Buy

Company

Company profile

Devon Energy Corporation

DVN · NYSE · Energy Minerals · Integrated Oil

O'Neil · Grade Card

CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market

B 79.5* CANSLIM * disqualified on M

C · Curr. EPS

A · Annual EPS

N · New Highs

100

S · Supply/Demand

L · Leader RS

I · Inst. Spons.

M · Market

Weekly Context

Multi-timeframe signals from weekly bars

W. Trend

8/8

W. RS

W. Support

$39.99

W. Resist

$51.95

W. Patterns

Cup & Handle

Weekly Structure

Trend Neutral

Tight Weeks 0

Confirmation Neutral

Scan History

20× streak

Oct 27

Cup & Handle ✓ Gate

Oct 26

Cup & Handle ✓ Gate

97 0.0%

Oct 26

Cup & Handle ✓ Gate

96 0.0%

Oct 23

Cup & Handle ✓ Gate

94 +0.5%

Oct 23

Cup & Handle ✓ Gate

91 +0.5%

Latest News

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