Devon EnergyDVN
Auto-detected technical analysis for DVN · data as of Aug 28, 2026. The chart above is live; the read below updates daily.
DVN is currently forming a falling wedge on the daily timeframe. Detected Aug 28, 2026.
A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $45.33 (+10.8%).
New to this pattern? What a falling wedge is and how to trade it →
DVN's most recent completed falling wedge resolved as a loss: it broke higher on Oct 8, 2026 near $49.34, then was stopped out at $48.63 on Nov 2, 2026 — a 1.4% move (-0.19R) over 17 sessions. Across 137,198 backtested falling wedges, this setup wins 42.2% of the time.
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 | Oct 8, 2026 @ $49.34 | Nov 2, 2026 @ $48.63 | Loss | +5.5% · -0.19R |
| Rising wedge | Sep 16, 2026 @ $48.76 | Oct 26, 2026 @ $51.70 | Loss | +8.3% · -1.00R |
| Triangle | Sep 15, 2026 @ $50.78 | Sep 17, 2026 @ $48.02 | Loss | +1.8% · -1.78R |
| Falling wedge | Aug 14, 2026 @ $45.54 | Nov 5, 2026 @ $42.88 | Loss | +19.2% · -1.41R |
| Triangle | Jun 9, 2026 @ $43.38 | Sep 14, 2026 @ $51.18 | Loss | +19.3% · -1.12R |
| Rising wedge | Mar 24, 2026 @ $50.68 | Apr 15, 2026 @ $45.05 | Loss | +6.5% · -1.45R |
| Triangle | Nov 11, 2025 @ $35.32 | Jan 16, 2026 @ $36.20 | Win | +10.4% · +0.31R |
| Falling wedge | Nov 6, 2025 @ $33.32 | Dec 12, 2025 @ $38.14 | Win | +8.7% · +3.42R |
| Rising wedge | Oct 10, 2025 @ $33.17 | Nov 14, 2025 @ $35.75 | Loss | +11.6% · -1.00R |
| Rising wedge | Sep 19, 2025 @ $34.20 | Sep 26, 2025 @ $35.88 | Loss | +5.5% · -1.00R |
| Rising wedge | Aug 1, 2025 @ $32.28 | Aug 22, 2025 @ $34.33 | Loss | +12.3% · -1.00R |
| Triangle | Jul 7, 2025 @ $32.31 | Jul 8, 2025 @ $33.52 | Loss | +15.7% · -1.00R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price is being turned away at a ceiling near $50.15 and starting to slide. On the weekly chart, the next floor below sits near $39.57 — about 16% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 28, 2026 | $47.30 | $47.63 | $46.65 | $47.35 |
| Aug 27, 2026 | $46.67 | $47.35 | $46.32 | $47.12 |
| Aug 26, 2026 | $46.21 | $47.40 | $46.16 | $46.83 |
| Aug 25, 2026 | $47.13 | $47.56 | $46.84 | $46.91 |
| Aug 24, 2026 | $48.89 | $49.12 | $47.58 | $48.23 |
| Aug 21, 2026 | $49.45 | $49.70 | $48.89 | $49.10 |
| Aug 20, 2026 | $49.02 | $49.72 | $48.93 | $49.30 |
| Aug 19, 2026 | $48.22 | $48.91 | $47.93 | $48.19 |
| Aug 18, 2026 | $48.00 | $48.43 | $47.73 | $47.83 |
| Aug 17, 2026 | $46.18 | $47.79 | $46.04 | $47.57 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.