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Devon Energy Co Bullish Moving Average Crossover Alert (DVN)

By Amy Schwartz

Devon Energy Co (NYSE:DVN) crossed over its 10-day moving average of $6.54 on a volume of 907K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Devon Energy Co share prices have moved between a 52-week high of $35.39 and a 52-week low of $4.70 and are now trading 53% above that low price at $7.18 per share. Over the past week, the 200-day moving average (MA) has gone down 1.3% while the 50-day MA has declined 6.7%.

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