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Devon Energy Co Bullish Moving Average Crossover Alert (DVN)

By Shiri Gupta

Today, shares of Devon Energy Co (NYSE:DVN) have crossed bullishly above their 10-day moving average of $31.09 on a volume of 165K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Devon Energy Co has traded in a range of $20.37 to $46.54 and is now at $31.37, 54% above that low. The 200-day and 50-day moving averages have moved 0.66% lower and 0.18% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Devon Energy Co. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Devon Energy Co in search of a potential trend change.

Keywords: moving crosses devon energy co

Ticker(s): DVN