Devon Energy (DVN) Chart Patterns, Support & Resistance & Technical Analysis
Auto-detected technical analysis for DVN · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$42.60last close · Jun 25, 2026
DVN Falling Wedge Pattern
No chart pattern is currently detected on DVN. The most recent was a Falling Wedge, detected Jun 15, 2026.
A Falling Wedge is a breakdown that suggests the recent run may be rolling over. It projects a measured-move target near $36.23 (−15.5%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R; DVN's own falling wedges have hit 71.9%.
DVN is in an open Falling Wedge setup — it broke down near $42.89, projecting a target near $36.23, with invalidation at $47.25.
How Falling Wedges have performed
Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
DVN win rate
71.9%
Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.
DVN support and resistance levels
Price is being turned away at a ceiling near $44.89 and starting to slide. On the weekly chart, the next floor below sits near $39.69 — about 7% away.
Traders commonly watch $39.69 as a target (its 50% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
Nothing here is a signal to act — the short would have set up at the $44.89 ceiling about a week ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh entry.
Nearest auto-detected support sits near $41.14, resistance near $44.06. These are chart/swing-derived levels, not formula pivots.
Resistance
$44.06$51.55$52.01$225.00
Support
$41.14
DVN recent daily prices
Date
Open
High
Low
Close
Jun 25, 2026
$42.27
$43.65
$42.16
$42.60
Jun 24, 2026
$42.20
$42.77
$41.81
$42.74
Jun 23, 2026
$42.99
$43.55
$42.85
$43.39
Jun 22, 2026
$42.36
$43.15
$41.91
$43.05
Jun 18, 2026
$42.15
$42.32
$41.52
$42.12
Jun 17, 2026
$42.89
$43.70
$42.35
$42.58
Jun 16, 2026
$42.76
$43.19
$42.50
$42.89
Jun 15, 2026
$42.96
$44.63
$42.81
$43.53
Jun 12, 2026
$44.18
$45.54
$44.01
$45.31
Jun 11, 2026
$47.11
$47.25
$44.58
$44.61
DVN frequently asked questions
What chart pattern is DVN forming right now?
No pattern is currently detected on DVN. The most recent was a Falling Wedge, detected Jun 15, 2026.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on DVN is a bearish pattern, projecting a measured-move target of $36.23. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for DVN?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), DVN's nearest support is around $41.14 and nearest resistance around $44.06.
What is the price target if DVN's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $36.23 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was DVN's closing price on Jun 25, 2026?
Devon Energy (DVN) last closed at $42.60 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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