Devon Energy (UK) Momentum Indicators Average Directional Movement Index

0I8W Stock   38.34  1.15  2.91%   
Devon Energy momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Devon Energy. Devon Energy value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Devon Energy are pattern recognition functions that provide distinct formation on Devon Energy potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The average directional index (ADX) measures the strength of a prevailing trend of Devon Energy Corp and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Devon Energy ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

Devon Energy Technical Analysis Modules

Most technical analysis of Devon Energy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Devon from various momentum indicators to cycle indicators. When you analyze Devon charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Devon Energy Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Devon Energy Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Devon Energy Corp based on widely used predictive technical indicators. In general, we focus on analyzing Devon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Devon Energy's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Devon Energy's intrinsic value. In addition to deriving basic predictive indicators for Devon Energy, we also check how macroeconomic factors affect Devon Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
36.4938.2840.07
Details
Intrinsic
Valuation
LowRealHigh
38.0139.8041.59
Details
Naive
Forecast
LowNextHigh
36.5038.2840.07
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
37.9238.7339.55
Details

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Additional Tools for Devon Stock Analysis

When running Devon Energy's price analysis, check to measure Devon Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Devon Energy is operating at the current time. Most of Devon Energy's value examination focuses on studying past and present price action to predict the probability of Devon Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Devon Energy's price. Additionally, you may evaluate how the addition of Devon Energy to your portfolios can decrease your overall portfolio volatility.