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 $132.09 and reclaim $214.65.

Invalidation Trigger

Lose $132.09 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 52.7, MACD 2.534

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $16.5 (9.66%)

Monthly

EMA Structure

Bullish
EMA 8$177.34Bearish
EMA 21$166.83Bullish
EMA 50$152.5Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.7 · MACD 2.534

Neutral zone

Strength
Bullish
Volatility
ATR $16.5 · BB 45.79%

High volatility

Strength
Bearish
Volume
MFI 51.6 · OBV 58.08%

Relative to 20-period average volume

Strength
Range
Price Levels
$132.09 - $214.65

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+35.26% · 3.7 ATR above latest close

$231.15
Nearest resistance

+25.6% · 2.7 ATR above · 34-bar high

$214.65
Current price

Price shown is delayed

$170.89
Nearest support

-22.7% · 2.4 ATR below · 34-bar low

$132.09
Deeper support zone

-32.36% · 3.4 ATR below latest close

$115.59
ATR zone

Latest close ± ATR14

$154.39 - $187.39

Indicators

Trend

Dow Theory Structure

Confirmation $214.65, invalidation $146.52

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

Trend strength is active

25.2 / 34.2 / 9.9Bullish
Supertrend (10,3)

Price is above Supertrend

$127.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$176.97 / $173.37Bearish
Donchian Channel (20)

20-period breakout channel position

47%Range

Volatility

ATR (14)

High volatility

$16.5 (9.66%)Bearish
Bollinger Bands (20,2)

Width 45.79%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$203.39 / $131.4Bearish
ATR channel lower / upper

Current Volatility Envelope

$154.39 / $187.39Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$214.65Range
Support

Nearest Downside Decision Level

$132.09Range

Momentum

RSI (14)

Neutral zone

52.7Range
MACD (12,26,9)

Histogram is positive

2.534Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.9 / 60.4Bearish
Williams %R (14)

Neutral zone

-54.1Range
CCI (20)

Balanced zone

76.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.6Range
OBV slope

20-period OBV slope

58.08%Bullish
Volume ratio

Relative to 20-period average volume

0.90xBearish

Trend

Dow Theory Structure

Confirmation $214.65, invalidation $146.52

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

Trend strength is active

25.2 / 34.2 / 9.9Bullish
Supertrend (10,3)

Price is above Supertrend

$127.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$176.97 / $173.37Bearish
Donchian Channel (20)

20-period breakout channel position

47%Range

Momentum

RSI (14)

Neutral zone

52.7Range
MACD (12,26,9)

Histogram is positive

2.534Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.9 / 60.4Bearish
Williams %R (14)

Neutral zone

-54.1Range
CCI (20)

Balanced zone

76.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$16.5 (9.66%)Bearish
Bollinger Bands (20,2)

Width 45.79%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$203.39 / $131.4Bearish
ATR channel lower / upper

Current Volatility Envelope

$154.39 / $187.39Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.6Range
OBV slope

20-period OBV slope

58.08%Bullish
Volume ratio

Relative to 20-period average volume

0.90xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$214.65Range
Support

Nearest Downside Decision Level

$132.09Range

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