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Devon Energy Co Bullish Moving Average Crossover Alert (DVN)

By Amy Schwartz

Devon Energy Co (NYSE:DVN) shares have crossed bullishly above their 10-day moving average of $44.34 on a volume of 1.2 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Devon Energy Co have traded between a low of $29.34 and a high of $46.54 and are now at $44.46, which is 52% above that low price. The 200-day and 50-day moving averages have moved 0.48% higher and 1.70% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Devon Energy Co and will alert subscribers who have DVN in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses devon energy co

Ticker(s): DVN