US stock / ETF

Chevron Corporation

CVX · NYSE · USD

12 hoursRange52%
12h Range probability 96%Range

CVX 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Break either side of $197.82 - $218.49 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 StateBearish
Momentum soft

RSI 51.6, MACD -0.337

12h
Volatility EnvironmentRange
Low volatility

ATR is $4.07 (1.92%)

12h

EMA Structure

Bullish
EMA 8$213.91Bearish
EMA 21$211.9Bearish
EMA 50$206.57Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.6 · MACD -0.337

Neutral zone

Strength
Bearish
Volatility
ATR $4.07 · BB 4.52%

Low volatility

Strength
Range
Volume
MFI 51.4 · OBV -12.05%

Relative to 20-period average volume

Strength
Range
Price Levels
$197.82 - $218.49

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.12% · 2.7 ATR above latest close

$222.56
Nearest resistance

+3.19% · 1.7 ATR above · 34-bar high

$218.49
Current price

Price shown is delayed

$211.73
Nearest support

-6.57% · 3.4 ATR below · 34-bar low

$197.82
Deeper support zone

-8.49% · 4.4 ATR below latest close

$193.75
ATR zone

Latest close ± ATR14

$207.66 - $215.79

Indicators

Trend

Dow Theory Structure

Confirmation $218.49, invalidation $210.5

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

27.2 / 25.2 / 22.3Bullish
Supertrend (10,3)

Price is above Supertrend

$199.87Bullish
Ichimoku Cloud

Cloud Span A / Span B

$211.68 / $205.8Bullish
Donchian Channel (20)

20-period breakout channel position

40%Range

Volatility

ATR (14)

Low volatility

$4.07 (1.92%)Range
Bollinger Bands (20,2)

Width 4.52%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$220.85 / $203.31Range
ATR channel lower / upper

Current Volatility Envelope

$207.66 / $215.79Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$218.49Range
Support

Nearest Downside Decision Level

$197.82Range

Momentum

RSI (14)

Neutral zone

51.6Range
MACD (12,26,9)

Histogram is negative

-0.337Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.0 / 65.9Bearish
Williams %R (14)

Neutral zone

-71.0Range
CCI (20)

Balanced zone

-6.9Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.4Range
OBV slope

20-period OBV slope

-12.05%Bearish
Volume ratio

Relative to 20-period average volume

1.94xBullish

Trend

Dow Theory Structure

Confirmation $218.49, invalidation $210.5

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

27.2 / 25.2 / 22.3Bullish
Supertrend (10,3)

Price is above Supertrend

$199.87Bullish
Ichimoku Cloud

Cloud Span A / Span B

$211.68 / $205.8Bullish
Donchian Channel (20)

20-period breakout channel position

40%Range

Momentum

RSI (14)

Neutral zone

51.6Range
MACD (12,26,9)

Histogram is negative

-0.337Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.0 / 65.9Bearish
Williams %R (14)

Neutral zone

-71.0Range
CCI (20)

Balanced zone

-6.9Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$4.07 (1.92%)Range
Bollinger Bands (20,2)

Width 4.52%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$220.85 / $203.31Range
ATR channel lower / upper

Current Volatility Envelope

$207.66 / $215.79Range

Volume / Money Flow

MFI (14)

Money flow is neutral

51.4Range
OBV slope

20-period OBV slope

-12.05%Bearish
Volume ratio

Relative to 20-period average volume

1.94xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$218.49Range
Support

Nearest Downside Decision Level

$197.82Range

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