DVN Should I Buy

Buy (starter position now). DVN’s technical trend is bullish and Wall Street targets sit meaningfully above the current ~$39.9 level, making it a reasonable long-term entry for a beginner with $50k–$100k who doesn’t want to wait. The main offsets are (1) near-term oil macro pressure/oversupply commentary from multiple analysts, (2) hedge funds net selling, and (3) an overbought short-term RSI plus earnings on 2026-02-17 that can create a sharp move. Net: good long-term buy today, but better executed as a partial buy now with cash reserved to add if the stock dips around earnings.

Trend/price action: Bullish structure with SMA_5 > SMA_20 > SMA_200, confirming an uptrend across short-, medium-, and long-term timeframes. Momentum: MACD histogram is positive (0.346) and expanding, supporting continuation. RSI_6 is ~79.5 (despite the label shown as ‘neutral’), which is typically overbought—this increases the odds of a near-term pause or pullback even within an uptrend. Levels: Pivot 37.95 is the key support; near-term resistance R1 39.486 has been exceeded post-market (~39.9), with the next resistance at R2 40.435. A clean push above ~40.4 would reinforce upside continuation; a pullback that holds above ~37.95 would still keep the uptrend intact. **Intellectia Proprietary Trading Signals** - [AI Stock Picker](module://ai_stock_pick): No signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock today.