US stock / ETF

Chevron Corporation

CVX · NYSE · USD

12 hoursBearish92%
12h Downside probability 92%Bearish

CVX 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $180.12 and stabilize above resistance $198.87.

Invalidation Trigger

Break above $198.87 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 31.8, MACD -1.336

12h
Volatility EnvironmentRange
Medium volatility

ATR is $4.14 (2.44%)

12h

EMA Structure

Bearish
EMA 8$174.84Bearish
EMA 21$180.12Bearish
EMA 50$184Bearish

Signals

CategoryReadStrength
Momentum
RSI 31.8 · MACD -1.336

Momentum is weak

Strength
Bearish
Volatility
ATR $4.14 · BB 14.50%

Medium volatility

Strength
Range
Volume
MFI 22.8 · OBV -13.32%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$169.47 - $198.87

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+19.28% · 7.9 ATR above latest close

$203.01
Nearest resistance

+16.85% · 6.9 ATR above · 34-bar high

$198.87
Current price

Price shown is delayed

$170.19
Nearest support

-0.42% · 0.2 ATR below · 34-bar low

$169.47
Deeper support zone

-2.86% · 1.2 ATR below latest close

$165.33
ATR zone

Latest close ± ATR14

$166.05 - $174.33

Indicators

Trend

Dow Theory Structure

Confirmation $172.23, invalidation $176.37

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

25.3 / 11.6 / 43.6Bearish
Supertrend (10,3)

Price is above Supertrend

$159.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$179.7 / $184.17Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Volatility

ATR (14)

Medium volatility

$4.14 (2.44%)Range
Bollinger Bands (20,2)

Width 14.50%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$187.46 / $172.22Range
ATR channel lower / upper

Current Volatility Envelope

$166.05 / $174.33Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$198.87Range
Support

Nearest Downside Decision Level

$169.47Range

Momentum

RSI (14)

Momentum is weak

31.8Bearish
MACD (12,26,9)

Histogram is negative

-1.336Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.1 / 6.4Bearish
Williams %R (14)

Oversold zone

-96.9Bullish
CCI (20)

Weak expansion

-121.3Bearish
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

22.8Bearish
OBV slope

20-period OBV slope

-13.32%Bearish
Volume ratio

Relative to 20-period average volume

0.43xBearish

Trend

Dow Theory Structure

Confirmation $172.23, invalidation $176.37

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

25.3 / 11.6 / 43.6Bearish
Supertrend (10,3)

Price is above Supertrend

$159.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$179.7 / $184.17Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Momentum

RSI (14)

Momentum is weak

31.8Bearish
MACD (12,26,9)

Histogram is negative

-1.336Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.1 / 6.4Bearish
Williams %R (14)

Oversold zone

-96.9Bullish
CCI (20)

Weak expansion

-121.3Bearish
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volatility

ATR (14)

Medium volatility

$4.14 (2.44%)Range
Bollinger Bands (20,2)

Width 14.50%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$187.46 / $172.22Range
ATR channel lower / upper

Current Volatility Envelope

$166.05 / $174.33Range

Volume / Money Flow

MFI (14)

Money flow is weak

22.8Bearish
OBV slope

20-period OBV slope

-13.32%Bearish
Volume ratio

Relative to 20-period average volume

0.43xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$198.87Range
Support

Nearest Downside Decision Level

$169.47Range

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