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 $217.78.

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 63.5, MACD 4.274

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $18.86 (8.92%)

Monthly

EMA Structure

Bullish
EMA 8$191.94Bullish
EMA 21$176.08Bullish
EMA 50$158.14Bullish

Signals

CategoryReadStrength
Momentum
RSI 63.5 · MACD 4.274

Momentum is strong

Strength
Bullish
Volatility
ATR $18.86 · BB 54.51%

High volatility

Strength
Bearish
Volume
MFI 52.3 · OBV 213.58%

Relative to 20-period average volume

Strength
Range
Price Levels
$132.04 - $217.78

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+11.87% · 1.3 ATR above latest close

$236.64
Nearest resistance

+2.95% · 0.3 ATR above · 34-bar high

$217.78
Current price

Price shown is delayed

$211.54
Nearest support

-37.58% · 4.2 ATR below · 34-bar low

$132.04
Deeper support zone

-46.5% · 5.2 ATR below latest close

$113.18
ATR zone

Latest close ± ATR14

$192.68 - $230.4

Indicators

Trend

Dow Theory Structure

Confirmation $214.71, invalidation $164.78

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

Trend strength is active

33.7 / 34.3 / 10.3Bullish
Supertrend (10,3)

Price is above Supertrend

$145.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$179.71 / $174.91Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Volatility

ATR (14)

High volatility

$18.86 (8.92%)Bearish
Bollinger Bands (20,2)

Width 54.51%

95%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$221.52 / $132.23Bearish
ATR channel lower / upper

Current Volatility Envelope

$192.68 / $230.4Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$217.78Range
Support

Nearest Downside Decision Level

$132.04Range

Momentum

RSI (14)

Momentum is strong

63.5Bullish
MACD (12,26,9)

Histogram is positive

4.274Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.2 / 85.4Bullish
Williams %R (14)

Overbought zone

-8.8Bearish
CCI (20)

Strong expansion

154.4Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.3Range
OBV slope

20-period OBV slope

213.58%Bullish
Volume ratio

Relative to 20-period average volume

0.39xBearish

Trend

Dow Theory Structure

Confirmation $214.71, invalidation $164.78

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

Trend strength is active

33.7 / 34.3 / 10.3Bullish
Supertrend (10,3)

Price is above Supertrend

$145.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$179.71 / $174.91Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Momentum

RSI (14)

Momentum is strong

63.5Bullish
MACD (12,26,9)

Histogram is positive

4.274Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.2 / 85.4Bullish
Williams %R (14)

Overbought zone

-8.8Bearish
CCI (20)

Strong expansion

154.4Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$18.86 (8.92%)Bearish
Bollinger Bands (20,2)

Width 54.51%

95%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$221.52 / $132.23Bearish
ATR channel lower / upper

Current Volatility Envelope

$192.68 / $230.4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.3Range
OBV slope

20-period OBV slope

213.58%Bullish
Volume ratio

Relative to 20-period average volume

0.39xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$217.78Range
Support

Nearest Downside Decision Level

$132.04Range

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