US stock / ETF

Chevron Corporation

CVX · NYSE · USD

1 hourBearish92%
1h Downside probability 92%Bearish

CVX 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $230.16 and stabilize above resistance $234.08.

Invalidation Trigger

Break above $234.08 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 38.9, MACD -0.366

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.04 (0.45%)

1h

EMA Structure

Range
EMA 8$229.15Bearish
EMA 21$230.16Bearish
EMA 50$229.97Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.9 · MACD -0.366

Momentum is weak

Strength
Bearish
Volatility
ATR $1.04 · BB 2.78%

Low volatility

Strength
Bullish
Volume
MFI 57.6 · OBV -9.03%

Relative to 20-period average volume

Strength
Range
Price Levels
$227.63 - $234.08

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+2.84% · 6.3 ATR above latest close

$235.12
Nearest resistance

+2.39% · 5.3 ATR above · 34-bar high

$234.08
Current price

Price shown is delayed

$228.62
Nearest support

-0.43% · 1.0 ATR below · 34-bar low

$227.63
Deeper support zone

-0.89% · 2.0 ATR below latest close

$226.59
ATR zone

Latest close ± ATR14

$227.58 - $229.66

Indicators

Trend

Dow Theory Structure

Confirmation $227.63, invalidation $229.25

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

Trend strength is active

40.9 / 14.0 / 36.7Bearish
Supertrend (10,3)

Price is above Supertrend

$224.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$230.4 / $229.7Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Volatility

ATR (14)

Low volatility

$1.04 (0.45%)Bullish
Bollinger Bands (20,2)

Width 2.78%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$232.45 / $227.79Bullish
ATR channel lower / upper

Current Volatility Envelope

$227.58 / $229.66Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$234.08Range
Support

Nearest Downside Decision Level

$227.63Range

Momentum

RSI (14)

Momentum is weak

38.9Bearish
MACD (12,26,9)

Histogram is negative

-0.366Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.3 / 23.2Bearish
Williams %R (14)

Neutral zone

-79.7Range
CCI (20)

Weak expansion

-107.7Bearish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

57.6Bullish
OBV slope

20-period OBV slope

-9.03%Bearish
Volume ratio

Relative to 20-period average volume

3.94xBullish

Trend

Dow Theory Structure

Confirmation $227.63, invalidation $229.25

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

Trend strength is active

40.9 / 14.0 / 36.7Bearish
Supertrend (10,3)

Price is above Supertrend

$224.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$230.4 / $229.7Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Momentum

RSI (14)

Momentum is weak

38.9Bearish
MACD (12,26,9)

Histogram is negative

-0.366Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.3 / 23.2Bearish
Williams %R (14)

Neutral zone

-79.7Range
CCI (20)

Weak expansion

-107.7Bearish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$1.04 (0.45%)Bullish
Bollinger Bands (20,2)

Width 2.78%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$232.45 / $227.79Bullish
ATR channel lower / upper

Current Volatility Envelope

$227.58 / $229.66Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

57.6Bullish
OBV slope

20-period OBV slope

-9.03%Bearish
Volume ratio

Relative to 20-period average volume

3.94xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$234.08Range
Support

Nearest Downside Decision Level

$227.63Range

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