Devon Energy (Brazil) Momentum Indicators Average Directional Movement Index

D1VN34 Stock  BRL 194.40  1.80  0.92%   
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 thirty-nine with a total number of output elements of twenty-two. The average directional index (ADX) measures the strength of a prevailing trend of Devon Energy 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. We use our internally-developed statistical techniques to arrive at the intrinsic value of Devon Energy 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
192.57194.40196.23
Details
Intrinsic
Valuation
LowRealHigh
171.14172.97213.84
Details
Naive
Forecast
LowNextHigh
187.00188.83190.66
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
188.31211.02233.74
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Devon Energy. Your research has to be compared to or analyzed against Devon Energy's peers to derive any actionable benefits. When done correctly, Devon Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Devon Energy.

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Additional Information and Resources on Investing in Devon Stock

When determining whether Devon Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Devon Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Devon Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Devon Energy Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Devon Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Devon Stock refer to our How to Trade Devon Stock guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Please note, there is a significant difference between Devon Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Devon Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Devon Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.