US stock / ETF

Chevron Corporation

CVX · NYSE · USD

1 dayBearish72%
Daily Downside probability 72%Bearish

CVX 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $206.42 and stabilize above resistance $217.78.

Invalidation Trigger

Break above $217.78 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 48.6, MACD -0.681

Daily
Volatility EnvironmentRange
Low volatility

ATR is $4.08 (1.99%)

Daily

EMA Structure

Range
EMA 8$205.85Bearish
EMA 21$206.42Bearish
EMA 50$202.78Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.6 · MACD -0.681

Neutral zone

Strength
Bearish
Volatility
ATR $4.08 · BB 8.33%

Low volatility

Strength
Range
Volume
MFI 36.5 · OBV -7.12%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$197.82 - $217.78

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+8.15% · 4.1 ATR above latest close

$221.86
Nearest resistance

+6.16% · 3.1 ATR above · 34-bar high

$217.78
Current price

Price shown is delayed

$205.15
Nearest support

-3.57% · 1.8 ATR below · 34-bar low

$197.82
Deeper support zone

-5.56% · 2.8 ATR below latest close

$193.74
ATR zone

Latest close ± ATR14

$201.07 - $209.23

Indicators

Trend

Dow Theory Structure

Confirmation $207.41, invalidation $202.7

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

30.9 / 15.8 / 28.3Bearish
Supertrend (10,3)

Price is above Supertrend

$195.98Bullish
Ichimoku Cloud

Cloud Span A / Span B

$207.85 / $201.83Bearish
Donchian Channel (20)

20-period breakout channel position

26%Range

Volatility

ATR (14)

Low volatility

$4.08 (1.99%)Range
Bollinger Bands (20,2)

Width 8.33%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$214.14 / $198.78Range
ATR channel lower / upper

Current Volatility Envelope

$201.07 / $209.23Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$217.78Range
Support

Nearest Downside Decision Level

$197.82Range

Momentum

RSI (14)

Neutral zone

48.6Range
MACD (12,26,9)

Histogram is negative

-0.681Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.3 / 39.2Bullish
Williams %R (14)

Neutral zone

-60.7Range
CCI (20)

Balanced zone

-31.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

36.5Bearish
OBV slope

20-period OBV slope

-7.12%Bearish
Volume ratio

Relative to 20-period average volume

0.39xBearish

Trend

Dow Theory Structure

Confirmation $207.41, invalidation $202.7

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

30.9 / 15.8 / 28.3Bearish
Supertrend (10,3)

Price is above Supertrend

$195.98Bullish
Ichimoku Cloud

Cloud Span A / Span B

$207.85 / $201.83Bearish
Donchian Channel (20)

20-period breakout channel position

26%Range

Momentum

RSI (14)

Neutral zone

48.6Range
MACD (12,26,9)

Histogram is negative

-0.681Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.3 / 39.2Bullish
Williams %R (14)

Neutral zone

-60.7Range
CCI (20)

Balanced zone

-31.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$4.08 (1.99%)Range
Bollinger Bands (20,2)

Width 8.33%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$214.14 / $198.78Range
ATR channel lower / upper

Current Volatility Envelope

$201.07 / $209.23Range

Volume / Money Flow

MFI (14)

Money flow is weak

36.5Bearish
OBV slope

20-period OBV slope

-7.12%Bearish
Volume ratio

Relative to 20-period average volume

0.39xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$217.78Range
Support

Nearest Downside Decision Level

$197.82Range

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