Is DVN Worth Buying in 2026?

Devon Energy Corporation

STOCK CRUDE PETROLEUM & NATURAL GAS Updated 2026-06-07

Here’s whether Devon Energy Corporation (DVN) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Caution.

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Caution

Positives: trading above the 200-day MA (long-term uptrend intact); strong 1-year return of +40.9%. Concerns: below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-1.12% over 10 days); RSI 25 — oversold. Currently 16.0% off its 52-week high. Score: +0/7.

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DVN is holding above its long-term 200-day MA ($40.23) but has slipped below the 50-day MA ($47.70), pointing to short-term weakness in an otherwise intact trend. An RSI of 24.5 has dropped into oversold territory, which has historically preceded short-term bounces. The 1-year return of +40.9% compares to +24.4% for SPY (beat the market by 16.6%).

$10,000 invested 1 year ago → $14,093 today
vs. S&P 500 (SPY) — same period beat market by 16.6%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($40.23)
Above 50-day MA ($47.70)
!RSI(14) neutral zone (30–70) — currently 24.5
Positive return (+40.9%)
!Within 10% of period high (−16.0%)
Period Range $44.28
$31.32 $52.71
RSI (14) 24.5
0 · OversoldOverbought · 100

Key Metrics

Price$44.28
Period Return+40.9%
Period High$52.71
Period Low$31.32
Drawdown−16.0%
MA-50$47.70
MA-200$40.23
RSI (14)24.5
Avg Volume (30d)14.8M
vs. SPYbeat by 16.6%
Return Rank#399 of 1245

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