US stock / ETF

Chevron Corporation

CVX · NYSE · USD

12 hoursBearish64%
12h Downside probability 64%Bearish

CVX 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $200.6 and stabilize above resistance $208.98.

Invalidation Trigger

Break above $208.98 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 49.3, MACD -1.052

12h
Volatility EnvironmentBullish
Low volatility

ATR is $2.78 (1.39%)

12h

EMA Structure

Bullish
EMA 8$200.72Bearish
EMA 21$200.6Bearish
EMA 50$196.56Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.3 · MACD -1.052

Neutral zone

Strength
Bearish
Volatility
ATR $2.78 · BB 5.70%

Low volatility

Strength
Bullish
Volume
MFI 43.5 · OBV 118.71%

Relative to 20-period average volume

Strength
Range
Price Levels
$186.17 - $208.98

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.09% · 4.4 ATR above latest close

$211.76
Nearest resistance

+4.69% · 3.4 ATR above · 34-bar high

$208.98
Current price

Price shown is delayed

$199.61
Nearest support

-6.73% · 4.8 ATR below · 34-bar low

$186.17
Deeper support zone

-8.13% · 5.8 ATR below latest close

$183.39
ATR zone

Latest close ± ATR14

$196.83 - $202.39

Indicators

Trend

Dow Theory Structure

Confirmation $202.39, invalidation $197.9

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

Trend strength is active

39.8 / 14.2 / 24.2Bearish
Supertrend (10,3)

Price is above Supertrend

$191.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$201.93 / $197.58Bearish
Donchian Channel (20)

20-period breakout channel position

16%Range

Volatility

ATR (14)

Low volatility

$2.78 (1.39%)Bullish
Bollinger Bands (20,2)

Width 5.70%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$205.9 / $195.51Bullish
ATR channel lower / upper

Current Volatility Envelope

$196.83 / $202.39Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$208.98Range
Support

Nearest Downside Decision Level

$186.17Range

Momentum

RSI (14)

Neutral zone

49.3Range
MACD (12,26,9)

Histogram is negative

-1.052Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.0 / 18.3Bearish
Williams %R (14)

Oversold zone

-84.0Bullish
CCI (20)

Balanced zone

-81.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.5Bearish
OBV slope

20-period OBV slope

118.71%Bullish
Volume ratio

Relative to 20-period average volume

2.01xBullish

Trend

Dow Theory Structure

Confirmation $202.39, invalidation $197.9

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

Trend strength is active

39.8 / 14.2 / 24.2Bearish
Supertrend (10,3)

Price is above Supertrend

$191.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$201.93 / $197.58Bearish
Donchian Channel (20)

20-period breakout channel position

16%Range

Momentum

RSI (14)

Neutral zone

49.3Range
MACD (12,26,9)

Histogram is negative

-1.052Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.0 / 18.3Bearish
Williams %R (14)

Oversold zone

-84.0Bullish
CCI (20)

Balanced zone

-81.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$2.78 (1.39%)Bullish
Bollinger Bands (20,2)

Width 5.70%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$205.9 / $195.51Bullish
ATR channel lower / upper

Current Volatility Envelope

$196.83 / $202.39Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.5Bearish
OBV slope

20-period OBV slope

118.71%Bullish
Volume ratio

Relative to 20-period average volume

2.01xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$208.98Range
Support

Nearest Downside Decision Level

$186.17Range

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