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Zacks #1 Stocks on the Move 04/15/2014

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GENERAL MOLY GMO
10.20%
ENERNOC INC ENOC
8.62%
GENERAL FINA GFN
5.67%
ODYSSEY MARI OMEX
5.50%
QIHOO 360 TE QIHU
4.38%
After Yesterday's Decline of 1.59%, Devon Energy Offers Investors Better Value

Print Share

Jan 09, 2013 (SmarTrend(R) News Watch via COMTEX) -- Devon Energy (NYSE:DVN) traded in a range yesterday that spanned from a low of $53.15 to a high of $54.82. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $53.31 on volume of 3.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean revision.

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

In the past 52 weeks, shares of Devon Energy have traded between a low of $50.89 and a high of $76.34 and are now at $53.36, which is 5% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.7%.

Write to Chip Brian at cbrian@mysmartrend.com

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Copyright, Comtex News Network, Inc. 2013

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