US stock / ETF

Chevron Corporation

CVX · NYSE · USD

1 dayRange48%
Daily Range probability 96%Range

CVX 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $164.78 - $197.69 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 49.6, MACD -0.662

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $4.68 (2.51%)

Daily

EMA Structure

Bullish
EMA 8$189.64Bearish
EMA 21$187.83Bearish
EMA 50$185.43Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.6 · MACD -0.662

Neutral zone

Strength
Bearish
Volatility
ATR $4.68 · BB 9.80%

Medium volatility

Strength
Range
Volume
MFI 52.2 · OBV 7.17%

Relative to 20-period average volume

Strength
Range
Price Levels
$164.78 - $197.69

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+8.45% · 3.4 ATR above latest close

$202.37
Nearest resistance

+5.94% · 2.4 ATR above · 34-bar high

$197.69
Current price

Price shown is delayed

$186.6
Nearest support

-11.69% · 4.7 ATR below · 34-bar low

$164.78
Deeper support zone

-14.2% · 5.7 ATR below latest close

$160.1
ATR zone

Latest close ± ATR14

$181.92 - $191.28

Indicators

Trend

Dow Theory Structure

Confirmation $197.55, invalidation $186.73

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

Trend strength is active

43.5 / 25.5 / 26.3Bearish
Supertrend (10,3)

Price is above Supertrend

$172.52Bullish
Ichimoku Cloud

Cloud Span A / Span B

$187.2 / $181.24Bearish
Donchian Channel (20)

20-period breakout channel position

42%Range

Volatility

ATR (14)

Medium volatility

$4.68 (2.51%)Range
Bollinger Bands (20,2)

Width 9.80%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$198.18 / $177.83Range
ATR channel lower / upper

Current Volatility Envelope

$181.92 / $191.28Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$197.69Range
Support

Nearest Downside Decision Level

$164.78Range

Momentum

RSI (14)

Neutral zone

49.6Range
MACD (12,26,9)

Histogram is negative

-0.662Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.7 / 13.1Bearish
Williams %R (14)

Oversold zone

-96.3Bullish
CCI (20)

Balanced zone

-29.6Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.2Range
OBV slope

20-period OBV slope

7.17%Bullish
Volume ratio

Relative to 20-period average volume

0.58xBearish

Trend

Dow Theory Structure

Confirmation $197.55, invalidation $186.73

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

Trend strength is active

43.5 / 25.5 / 26.3Bearish
Supertrend (10,3)

Price is above Supertrend

$172.52Bullish
Ichimoku Cloud

Cloud Span A / Span B

$187.2 / $181.24Bearish
Donchian Channel (20)

20-period breakout channel position

42%Range

Momentum

RSI (14)

Neutral zone

49.6Range
MACD (12,26,9)

Histogram is negative

-0.662Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.7 / 13.1Bearish
Williams %R (14)

Oversold zone

-96.3Bullish
CCI (20)

Balanced zone

-29.6Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$4.68 (2.51%)Range
Bollinger Bands (20,2)

Width 9.80%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$198.18 / $177.83Range
ATR channel lower / upper

Current Volatility Envelope

$181.92 / $191.28Range

Volume / Money Flow

MFI (14)

Money flow is neutral

52.2Range
OBV slope

20-period OBV slope

7.17%Bullish
Volume ratio

Relative to 20-period average volume

0.58xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$197.69Range
Support

Nearest Downside Decision Level

$164.78Range

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