NioCorp Developments Ltd

NioCorp Developments Ltd (NASDAQ: NB) is engaged in exploration and development of mineral deposits in North America, specifically, the Company’s niobium, scandium, and titanium project (the Elk Creek Project) located in southeastern Nebraska.

NB has been a part of the Momentum Model Portfolio' since Sep 15, 2025.Therefore, an 'Exit' stance from the Momentum Model Portfolio is recommended on stock at the current market price of USD 7.21 as on Sep 26, 2025 (6:35 am PDT).

NB’s Daily Chart

New Entry Case: Devon Energy Corporation (NYSE: DVN)

Devon Energy Corporation (NYSE: DVN) is an oil and gas producer in the United States with a multi-basin portfolio. The Company is primarily engaged in the exploration, development and production of oil, natural gas and natural gas liquids (NGLs).

Technical Analysis: DVN's price is currently maintaining solid support at key levels on the daily chart and has recently moved higher, indicating a potential upward movement in the near term. The 14-period RSI remains above the midpoint, signaling a possible rebound and the emergence of buying interest. Given the company's history of resilience and stability, the likelihood of an ongoing upward trend appears strong, with the potential to retest previous highs. With sustained momentum, DVN's stock is well-positioned to capitalize on its current trend and achieve short-term gains.

DVN is recommended as a new entry in the 'Momentum Model Portfolio' as on Sep 26, 2025. Considering technical analysis, support and resistance levels, an 'Entry' is recommended in the 'Momentum Model Portfolio' at the current market price of USD 36.05 as on Sep 26, 2025 (6:40 am PDT). 

DVN’s Daily Chart

Support and Resistance Summary

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of Sep 26, 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.