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 $214.71.

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 60.7, MACD 3.323

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $19.06 (9.54%)

Monthly

EMA Structure

Bullish
EMA 8$184.99Bullish
EMA 21$171.97Bullish
EMA 50$155.72Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.7 · MACD 3.323

Momentum is strong

Strength
Bullish
Volatility
ATR $19.06 · BB 50.32%

High volatility

Strength
Bearish
Volume
MFI 54.6 · OBV 280.15%

Relative to 20-period average volume

Strength
Range
Price Levels
$132.04 - $214.71

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+17.02% · 1.8 ATR above latest close

$233.77
Nearest resistance

+7.48% · 0.8 ATR above · 34-bar high

$214.71
Current price

Price shown is delayed

$199.77
Nearest support

-33.9% · 3.6 ATR below · 34-bar low

$132.04
Deeper support zone

-43.44% · 4.6 ATR below latest close

$112.98
ATR zone

Latest close ± ATR14

$180.71 - $218.83

Indicators

Trend

Dow Theory Structure

Confirmation $214.71, invalidation $146.49

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

Trend strength is active

30.4 / 32.5 / 10.2Bullish
Supertrend (10,3)

Price is above Supertrend

$130.95Bullish
Ichimoku Cloud

Cloud Span A / Span B

$176.99 / $173.38Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Volatility

ATR (14)

High volatility

$19.06 (9.54%)Bearish
Bollinger Bands (20,2)

Width 50.32%

90%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$216.96 / $128.33Bearish
ATR channel lower / upper

Current Volatility Envelope

$180.71 / $218.83Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$214.71Range
Support

Nearest Downside Decision Level

$132.04Range

Momentum

RSI (14)

Momentum is strong

60.7Bullish
MACD (12,26,9)

Histogram is positive

3.323Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

79.3 / 65.3Bullish
Williams %R (14)

Neutral zone

-20.7Range
CCI (20)

Strong expansion

130.5Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.6Range
OBV slope

20-period OBV slope

280.15%Bullish
Volume ratio

Relative to 20-period average volume

0.61xBearish

Trend

Dow Theory Structure

Confirmation $214.71, invalidation $146.49

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

Trend strength is active

30.4 / 32.5 / 10.2Bullish
Supertrend (10,3)

Price is above Supertrend

$130.95Bullish
Ichimoku Cloud

Cloud Span A / Span B

$176.99 / $173.38Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Momentum

RSI (14)

Momentum is strong

60.7Bullish
MACD (12,26,9)

Histogram is positive

3.323Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

79.3 / 65.3Bullish
Williams %R (14)

Neutral zone

-20.7Range
CCI (20)

Strong expansion

130.5Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$19.06 (9.54%)Bearish
Bollinger Bands (20,2)

Width 50.32%

90%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$216.96 / $128.33Bearish
ATR channel lower / upper

Current Volatility Envelope

$180.71 / $218.83Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.6Range
OBV slope

20-period OBV slope

280.15%Bullish
Volume ratio

Relative to 20-period average volume

0.61xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$214.71Range
Support

Nearest Downside Decision Level

$132.04Range

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