US stock / ETF

Chevron Corporation

CVX · NYSE · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

CVX 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $164.78 and reclaim $217.78.

Invalidation Trigger

Lose $164.78 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 63.3, MACD 2.321

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $10.26 (4.85%)

Weekly

EMA Structure

Bullish
EMA 8$203.78Bullish
EMA 21$194.18Bullish
EMA 50$182.45Bullish

Signals

CategoryReadStrength
Momentum
RSI 63.3 · MACD 2.321

Momentum is strong

Strength
Bullish
Volatility
ATR $10.26 · BB 27.01%

Medium volatility

Strength
Range
Volume
MFI 53.0 · OBV 3.44%

Relative to 20-period average volume

Strength
Range
Price Levels
$164.78 - $217.78

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+7.8% · 1.6 ATR above latest close

$228.04
Nearest resistance

+2.95% · 0.6 ATR above · 34-bar high

$217.78
Current price

Price shown is delayed

$211.54
Nearest support

-22.1% · 4.6 ATR below · 34-bar low

$164.78
Deeper support zone

-26.95% · 5.6 ATR below latest close

$154.52
ATR zone

Latest close ± ATR14

$201.28 - $221.8

Indicators

Trend

Dow Theory Structure

Confirmation $197.69, invalidation $185.87

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

Trend strength is active

26.5 / 36.4 / 16.3Bullish
Supertrend (10,3)

Price is above Supertrend

$182.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$196.55 / $182.14Bullish
Donchian Channel (20)

20-period breakout channel position

88%Bullish

Volatility

ATR (14)

Medium volatility

$10.26 (4.85%)Range
Bollinger Bands (20,2)

Width 27.01%

90%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$215.59 / $173.84Range
ATR channel lower / upper

Current Volatility Envelope

$201.28 / $221.8Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$217.78Range
Support

Nearest Downside Decision Level

$164.78Range

Momentum

RSI (14)

Momentum is strong

63.3Bullish
MACD (12,26,9)

Histogram is positive

2.321Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

88.2 / 90.8Bearish
Williams %R (14)

Overbought zone

-11.8Bearish
CCI (20)

Strong expansion

147.4Bullish
TD Sequential

Exhaustion setup is near completion

sell 10Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.0Range
OBV slope

20-period OBV slope

3.44%Bullish
Volume ratio

Relative to 20-period average volume

0.60xBearish

Trend

Dow Theory Structure

Confirmation $197.69, invalidation $185.87

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

Trend strength is active

26.5 / 36.4 / 16.3Bullish
Supertrend (10,3)

Price is above Supertrend

$182.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$196.55 / $182.14Bullish
Donchian Channel (20)

20-period breakout channel position

88%Bullish

Momentum

RSI (14)

Momentum is strong

63.3Bullish
MACD (12,26,9)

Histogram is positive

2.321Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

88.2 / 90.8Bearish
Williams %R (14)

Overbought zone

-11.8Bearish
CCI (20)

Strong expansion

147.4Bullish
TD Sequential

Exhaustion setup is near completion

sell 10Bearish

Volatility

ATR (14)

Medium volatility

$10.26 (4.85%)Range
Bollinger Bands (20,2)

Width 27.01%

90%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$215.59 / $173.84Range
ATR channel lower / upper

Current Volatility Envelope

$201.28 / $221.8Range

Volume / Money Flow

MFI (14)

Money flow is neutral

53.0Range
OBV slope

20-period OBV slope

3.44%Bullish
Volume ratio

Relative to 20-period average volume

0.60xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$217.78Range
Support

Nearest Downside Decision Level

$164.78Range

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