US stock / ETF

Chevron Corporation

CVX · NYSE · USD

1 hourBearish65%
1h Downside probability 65%Bearish

CVX 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $214.08 and stabilize above resistance $217.9.

Invalidation Trigger

Break above $217.9 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 37.1, MACD -0.565

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.11 (0.53%)

1h

EMA Structure

Bearish
EMA 8$212.79Bearish
EMA 21$214.08Bearish
EMA 50$214.31Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.1 · MACD -0.565

Momentum is weak

Strength
Bearish
Volatility
ATR $1.11 · BB 4.07%

Low volatility

Strength
Bullish
Volume
MFI 56.0 · OBV 17.31%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$210.37 - $217.9

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+3.44% · 6.5 ATR above latest close

$219.01
Nearest resistance

+2.92% · 5.5 ATR above · 34-bar high

$217.9
Current price

Price shown is delayed

$211.73
Nearest support

-0.64% · 1.2 ATR below · 34-bar low

$210.37
Deeper support zone

-1.17% · 2.2 ATR below latest close

$209.25
ATR zone

Latest close ± ATR14

$210.61 - $212.84

Indicators

Trend

Dow Theory Structure

Confirmation $210.77, invalidation $213.51

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

Trend strength is active

50.3 / 8.8 / 59.0Bearish
Supertrend (10,3)

Price is above Supertrend

$207.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$213.58 / $214.43Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Volatility

ATR (14)

Low volatility

$1.11 (0.53%)Bullish
Bollinger Bands (20,2)

Width 4.07%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$216.68 / $211.39Bullish
ATR channel lower / upper

Current Volatility Envelope

$210.61 / $212.84Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$217.9Range
Support

Nearest Downside Decision Level

$210.37Range

Momentum

RSI (14)

Momentum is weak

37.1Bearish
MACD (12,26,9)

Histogram is negative

-0.565Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.5 / 18.1Bullish
Williams %R (14)

Oversold zone

-81.5Bullish
CCI (20)

Weak expansion

-117.0Bearish
TD Sequential

Exhaustion setup is near completion

buy 12Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

56.0Bullish
OBV slope

20-period OBV slope

17.31%Bullish
Volume ratio

Relative to 20-period average volume

3.87xBullish

Trend

Dow Theory Structure

Confirmation $210.77, invalidation $213.51

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

Trend strength is active

50.3 / 8.8 / 59.0Bearish
Supertrend (10,3)

Price is above Supertrend

$207.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$213.58 / $214.43Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Momentum

RSI (14)

Momentum is weak

37.1Bearish
MACD (12,26,9)

Histogram is negative

-0.565Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.5 / 18.1Bullish
Williams %R (14)

Oversold zone

-81.5Bullish
CCI (20)

Weak expansion

-117.0Bearish
TD Sequential

Exhaustion setup is near completion

buy 12Bullish

Volatility

ATR (14)

Low volatility

$1.11 (0.53%)Bullish
Bollinger Bands (20,2)

Width 4.07%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$216.68 / $211.39Bullish
ATR channel lower / upper

Current Volatility Envelope

$210.61 / $212.84Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

56.0Bullish
OBV slope

20-period OBV slope

17.31%Bullish
Volume ratio

Relative to 20-period average volume

3.87xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$217.9Range
Support

Nearest Downside Decision Level

$210.37Range

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