The best indicator for Devon Energy (DVN)
We backtested 382 indicators across daily, weekly and hourly charts on real Devon Energy (DVN) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Devon Energy (DVN) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
Three White Soldiers
On the weekly chart, this is the strongest risk-adjusted edge we found for Devon Energy (DVN) over ~41.3 years — beating buy-and-hold by 1.7% CAGR.
Devon Energy (DVN) on the weekly chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Devon Energy (DVN) — trailing buy-and-hold by 0.2% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Three White Soldiers ✓ | Weekly | 8.4% | 0.48 | -50.8% | 52.1% | 96 | 1.7% |
| 2 | SMA 50/200 Cross ✓ | Daily | 10.4% | 0.47 | -60.5% | 50.0% | 26 | 3.7% |
| 3 | WMA 20/50 Cross ✓ | Weekly | 10.1% | 0.47 | -66.3% | 52.2% | 23 | 3.4% |
| 4 | Hull MA 200 Trend ✓ | Weekly | 8.3% | 0.47 | -53.6% | 56.8% | 37 | 1.6% |
| 5 | WMA 15/60 Cross ✓ | Weekly | 10.2% | 0.47 | -65.1% | 43.5% | 23 | 3.5% |
| 6 | Bollinger Squeeze ✓ | Weekly | 8.2% | 0.46 | -36.3% | 55.2% | 29 | 1.5% |
| 7 | Relative Momentum Index ✓ | Weekly | 9.3% | 0.45 | -70.4% | 42.1% | 38 | 2.6% |
| 8 | SMA 10/40 Cross ✓ | Weekly | 9.6% | 0.45 | -71.7% | 54.8% | 31 | 2.8% |
| 9 | MAMA / FAMA ✓ | Weekly | 9.2% | 0.44 | -65.7% | 46.3% | 41 | 2.4% |
| 10 | VIDYA 10/30 Cross ✓ | Daily | 9.3% | 0.43 | -62.6% | 34.8% | 46 | 2.6% |
| 11 | RSI Trend (>50) ✓ | Weekly | 8.8% | 0.43 | -64.1% | 38.9% | 108 | 2.0% |
| 12 | TEMA 100 Trend ✓ | Weekly | 7.4% | 0.43 | -52.7% | 41.7% | 84 | 0.6% |
| 13 | DeMarker (14) ✓ | Weekly | 9.0% | 0.43 | -60.1% | 42.6% | 101 | 2.3% |
| 14 | EMA 50/200 Cross ✓ | Daily | 8.9% | 0.42 | -69.6% | 40.0% | 25 | 2.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Devon Energy (DVN)
563 of 698 tested setups beat buy-and-hold on Devon Energy (DVN) outright. Another 1 could get there with leverage they would survive — but 1 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Sine-Weighted MA | 4 | none needed | 1.61× |
| Elder Ray (Bull/Bear Power) | 3 | none needed | 2.04× |
| MACD | 2 | none needed | 1.78× |
| RSI Trend (>50) | 2 | none needed | 1.55× |
| Bollinger Breakout | 2 | none needed | 2.46× |
| Rate of Change | 2 | none needed | 1.78× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For Devon Energy (DVN), Three White Soldiers on the weekly timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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