Devon Energy(DVN)
Auto-detected technical analysis for DVN · data as of Jul 22, 2026. The chart above is live; the read below updates daily.
DVN just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.
On this chart, setups like it have followed through about 65% of the time.
As long as price stays above $39.99, the setup is intact — a daily close back below there is the cue to step away.
A natural first target sits near $45.33 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.
DVN is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.
New to this pattern? What a falling wedge is and how to trade it →
Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.
Every completed pattern trade our nightly backtest found on DVN's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling Wedge | Jun 30, 2026 @ $41.37 | Jul 13, 2026 @ $43.73 | Loss | +16.3% · -1.04R |
| Triangle | Aug 22, 2025 @ $34.11 | Dec 11, 2025 @ $37.54 | Win | +10.8% · +1.39R |
| Triangle | Aug 14, 2025 @ $33.59 | Sep 3, 2025 @ $35.08 | Win | +9.7% · +0.77R |
| Triangle | Jul 16, 2025 @ $32.13 | Aug 22, 2025 @ $35.16 | Loss | +14.6% · -1.38R |
| Falling Wedge | Apr 4, 2025 @ $32.00 | Apr 7, 2025 @ $27.46 | Win | +17.1% · +0.76R |
| Falling Wedge | Nov 26, 2024 @ $37.81 | Dec 16, 2024 @ $32.91 | Win | +13.4% · +2.67R |
| Triangle | Sep 20, 2023 @ $48.53 | Oct 4, 2023 @ $43.28 | Win | +11.5% · +0.88R |
| Triangle | Jul 20, 2023 @ $51.54 | Sep 20, 2023 @ $47.88 | Loss | +11.3% · -1.15R |
| Falling Wedge | Jun 7, 2023 @ $49.29 | Aug 2, 2023 @ $49.74 | Win | +10.1% · +0.13R |
| Rising Wedge | Jun 8, 2022 @ $77.28 | Jun 13, 2022 @ $69.90 | Win | +14.8% · +3.87R |
| Rising Wedge | May 3, 2022 @ $64.31 | Jun 10, 2022 @ $74.06 | Win | +23.1% · +0.87R |
| Triangle | Apr 13, 2022 @ $63.50 | Apr 25, 2022 @ $56.18 | Loss | +23.4% · -1.20R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price is bouncing off a floor near $41.78 and starting to climb. On the weekly chart, the next ceiling overhead sits near $250.16 — about 457% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Jul 22, 2026 | $44.71 | $45.25 | $44.66 | $44.88 |
| Jul 21, 2026 | $44.16 | $44.29 | $43.73 | $44.10 |
| Jul 20, 2026 | $43.35 | $44.31 | $43.22 | $43.78 |
| Jul 17, 2026 | $43.84 | $44.22 | $43.21 | $43.83 |
| Jul 16, 2026 | $43.13 | $43.65 | $42.92 | $43.03 |
| Jul 15, 2026 | $43.40 | $43.58 | $42.20 | $42.93 |
| Jul 14, 2026 | $43.80 | $44.17 | $42.72 | $43.40 |
| Jul 13, 2026 | $43.12 | $44.01 | $43.02 | $43.73 |
| Jul 10, 2026 | $42.23 | $42.51 | $41.81 | $42.23 |
| Jul 9, 2026 | $42.55 | $43.23 | $41.84 | $42.02 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.