US stock / ETF

Chevron Corporation

CVX · NYSE · USD

1 monthBullish92%
Monthly Upside probability 92%Bullish

CVX 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $132.04 and reclaim $233.74.

Invalidation Trigger

Lose $132.04 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 67.0, MACD 5.121

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $20.63 (9.04%)

Monthly

EMA Structure

Bullish
EMA 8$198.74Bullish
EMA 21$180.21Bullish
EMA 50$160.61Bullish

Signals

CategoryReadStrength
Momentum
RSI 67.0 · MACD 5.121

Momentum is strong

Strength
Bullish
Volatility
ATR $20.63 · BB 59.51%

High volatility

Strength
Bearish
Volume
MFI 54.2 · OBV 117.95%

Relative to 20-period average volume

Strength
Range
Price Levels
$132.04 - $233.74

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+11.45% · 1.3 ATR above latest close

$254.37
Nearest resistance

+2.41% · 0.3 ATR above · 34-bar high

$233.74
Current price

Price shown is delayed

$228.23
Nearest support

-42.15% · 4.7 ATR below · 34-bar low

$132.04
Deeper support zone

-51.18% · 5.7 ATR below latest close

$111.41
ATR zone

Latest close ± ATR14

$207.6 - $248.86

Indicators

Trend

Dow Theory Structure

Confirmation $214.71, invalidation $164.78

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

Trend strength is active

37.7 / 35.5 / 9.4Bullish
Supertrend (10,3)

Price is above Supertrend

$142.74Bullish
Ichimoku Cloud

Cloud Span A / Span B

$191.08 / $182.89Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Volatility

ATR (14)

High volatility

$20.63 (9.04%)Bearish
Bollinger Bands (20,2)

Width 59.51%

104%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$231.49 / $130.78Bearish
ATR channel lower / upper

Current Volatility Envelope

$207.6 / $248.86Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$233.74Range
Support

Nearest Downside Decision Level

$132.04Range

Momentum

RSI (14)

Momentum is strong

67.0Bullish
MACD (12,26,9)

Histogram is positive

5.121Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

93.7 / 87.5Bullish
Williams %R (14)

Overbought zone

-6.3Bearish
CCI (20)

Strong expansion

159.5Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.2Range
OBV slope

20-period OBV slope

117.95%Bullish
Volume ratio

Relative to 20-period average volume

0.58xBearish

Trend

Dow Theory Structure

Confirmation $214.71, invalidation $164.78

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

Trend strength is active

37.7 / 35.5 / 9.4Bullish
Supertrend (10,3)

Price is above Supertrend

$142.74Bullish
Ichimoku Cloud

Cloud Span A / Span B

$191.08 / $182.89Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Momentum

RSI (14)

Momentum is strong

67.0Bullish
MACD (12,26,9)

Histogram is positive

5.121Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

93.7 / 87.5Bullish
Williams %R (14)

Overbought zone

-6.3Bearish
CCI (20)

Strong expansion

159.5Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$20.63 (9.04%)Bearish
Bollinger Bands (20,2)

Width 59.51%

104%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$231.49 / $130.78Bearish
ATR channel lower / upper

Current Volatility Envelope

$207.6 / $248.86Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.2Range
OBV slope

20-period OBV slope

117.95%Bullish
Volume ratio

Relative to 20-period average volume

0.58xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$233.74Range
Support

Nearest Downside Decision Level

$132.04Range

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