US stock / ETF

Chevron Corporation

CVX · NYSE · USD

12 hoursRange50%
12h Range probability 100%Range

CVX 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Break either side of $200.78 - $217.9 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

12h
Momentum StateRange
Momentum mixed

RSI 47.0, MACD 0.306

12h
Volatility EnvironmentBullish
Low volatility

ATR is $2.85 (1.39%)

12h

EMA Structure

Bullish
EMA 8$206.44Bearish
EMA 21$206.39Bearish
EMA 50$206.17Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.0 · MACD 0.306

Neutral zone

Strength
Range
Volatility
ATR $2.85 · BB 2.93%

Low volatility

Strength
Bullish
Volume
MFI 42.3 · OBV 1154.19%

Relative to 20-period average volume

Strength
Range
Price Levels
$200.78 - $217.9

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.61% · 5.5 ATR above latest close

$220.75
Nearest resistance

+6.21% · 4.5 ATR above · 34-bar high

$217.9
Current price

Price shown is delayed

$205.15
Nearest support

-2.13% · 1.5 ATR below · 34-bar low

$200.78
Deeper support zone

-3.52% · 2.5 ATR below latest close

$197.93
ATR zone

Latest close ± ATR14

$202.3 - $208

Indicators

Trend

Dow Theory Structure

Confirmation $207.5, invalidation $203.13

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

Trend strength is moderate

19.7 / 22.0 / 20.0Bullish
Supertrend (10,3)

Price is above Supertrend

$198.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$205.97 / $209.64Bearish
Donchian Channel (20)

20-period breakout channel position

33%Bearish

Volatility

ATR (14)

Low volatility

$2.85 (1.39%)Bullish
Bollinger Bands (20,2)

Width 2.93%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$212.45 / $200.28Bullish
ATR channel lower / upper

Current Volatility Envelope

$202.3 / $208Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$217.9Range
Support

Nearest Downside Decision Level

$200.78Range

Momentum

RSI (14)

Neutral zone

47.0Range
MACD (12,26,9)

Histogram is positive

0.306Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.9 / 70.2Bearish
Williams %R (14)

Neutral zone

-67.1Range
CCI (20)

Balanced zone

71.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.3Bearish
OBV slope

20-period OBV slope

1154.19%Bullish
Volume ratio

Relative to 20-period average volume

1.75xBullish

Trend

Dow Theory Structure

Confirmation $207.5, invalidation $203.13

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

Trend strength is moderate

19.7 / 22.0 / 20.0Bullish
Supertrend (10,3)

Price is above Supertrend

$198.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$205.97 / $209.64Bearish
Donchian Channel (20)

20-period breakout channel position

33%Bearish

Momentum

RSI (14)

Neutral zone

47.0Range
MACD (12,26,9)

Histogram is positive

0.306Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.9 / 70.2Bearish
Williams %R (14)

Neutral zone

-67.1Range
CCI (20)

Balanced zone

71.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$2.85 (1.39%)Bullish
Bollinger Bands (20,2)

Width 2.93%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$212.45 / $200.28Bullish
ATR channel lower / upper

Current Volatility Envelope

$202.3 / $208Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.3Bearish
OBV slope

20-period OBV slope

1154.19%Bullish
Volume ratio

Relative to 20-period average volume

1.75xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$217.9Range
Support

Nearest Downside Decision Level

$200.78Range

Related Forecasts