The best indicator for Devon Energy (DVN)
We backtested 20 indicators across daily, weekly and hourly charts on real Devon Energy (DVN) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
SMA 50/200 Cross
On the daily chart, this is the strongest risk-adjusted edge we found for Devon Energy (DVN) over ~40.9 years — beating buy-and-hold by 3.7% CAGR.
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 | SMA 50/200 Cross ✓ | Daily | 10.3% | 0.46 | -60.5% | 50.0% | 26 | 3.7% |
| 2 | RSI Trend (>50) ✓ | Weekly | 8.9% | 0.43 | -64.9% | 38.7% | 106 | 2.3% |
| 3 | EMA 50/200 Cross ✓ | Daily | 8.8% | 0.42 | -69.6% | 40.0% | 25 | 2.2% |
| 4 | EMA 20/50 Cross ✓ | Weekly | 6.8% | 0.37 | -80.6% | 40.0% | 20 | 0.1% |
| 5 | ADX / DMI ✓ | Weekly | 6.6% | 0.37 | -57.2% | 40.8% | 49 | -0.0% |
| 6 | Donchian Breakout ✓ | Weekly | 6.9% | 0.37 | -61.9% | 38.7% | 31 | 0.3% |
| 7 | Bollinger Breakout ✓ | Weekly | 5.9% | 0.35 | -51.4% | 41.0% | 39 | -0.7% |
| 8 | EMA 20/50 Cross ✓ | Daily | 5.7% | 0.32 | -61.3% | 33.3% | 105 | -0.9% |
| 9 | MACD ✓ | Weekly | 5.6% | 0.32 | -63.4% | 51.8% | 85 | -1.1% |
| 10 | Donchian Midline ✓ | Weekly | 4.7% | 0.3 | -64.3% | 41.2% | 119 | -1.9% |
| 11 | Rate of Change ✓ | Weekly | 4.5% | 0.29 | -78.0% | 43.1% | 144 | -2.2% |
| 12 | Money Flow Index ✓ | Daily | 4.0% | 0.28 | -72.7% | 59.6% | 52 | -2.7% |
| 13 | MACD ✓ | Daily | 3.7% | 0.27 | -69.3% | 40.3% | 397 | -2.9% |
| 14 | RSI Trend (>50) ✓ | Daily | 3.2% | 0.25 | -88.7% | 38.0% | 571 | -3.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Devon Energy (DVN), SMA 50/200 Cross on the daily 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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