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 $233.74.

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 66.6, MACD 2.656

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $9.95 (4.36%)

Weekly

EMA Structure

Bullish
EMA 8$218.19Bullish
EMA 21$205.29Bullish
EMA 50$190.18Bullish

Signals

CategoryReadStrength
Momentum
RSI 66.6 · MACD 2.656

Momentum is strong

Strength
Bullish
Volatility
ATR $9.95 · BB 36.12%

Medium volatility

Strength
Range
Volume
MFI 60.0 · OBV 4.72%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$164.78 - $233.74

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+6.78% · 1.6 ATR above latest close

$243.69
Nearest resistance

+2.41% · 0.6 ATR above · 34-bar high

$233.74
Current price

Price shown is delayed

$228.23
Nearest support

-27.8% · 6.4 ATR below · 34-bar low

$164.78
Deeper support zone

-32.16% · 7.4 ATR below latest close

$154.83
ATR zone

Latest close ± ATR14

$218.28 - $238.18

Indicators

Trend

Dow Theory Structure

Confirmation $217.78, invalidation $200.78

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

Trend strength is active

37.5 / 37.4 / 9.7Bullish
Supertrend (10,3)

Price is above Supertrend

$202.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$208.26 / $190.12Bullish
Donchian Channel (20)

20-period breakout channel position

92%Bullish

Volatility

ATR (14)

Medium volatility

$9.95 (4.36%)Range
Bollinger Bands (20,2)

Width 36.12%

89%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$224.71 / $187.33Range
ATR channel lower / upper

Current Volatility Envelope

$218.28 / $238.18Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$233.74Range
Support

Nearest Downside Decision Level

$164.78Range

Momentum

RSI (14)

Momentum is strong

66.6Bullish
MACD (12,26,9)

Histogram is positive

2.656Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

88.5 / 95.6Bearish
Williams %R (14)

Overbought zone

-11.5Bearish
CCI (20)

Strong expansion

136.0Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.0Bullish
OBV slope

20-period OBV slope

4.72%Bullish
Volume ratio

Relative to 20-period average volume

0.29xBearish

Trend

Dow Theory Structure

Confirmation $217.78, invalidation $200.78

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

Trend strength is active

37.5 / 37.4 / 9.7Bullish
Supertrend (10,3)

Price is above Supertrend

$202.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$208.26 / $190.12Bullish
Donchian Channel (20)

20-period breakout channel position

92%Bullish

Momentum

RSI (14)

Momentum is strong

66.6Bullish
MACD (12,26,9)

Histogram is positive

2.656Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

88.5 / 95.6Bearish
Williams %R (14)

Overbought zone

-11.5Bearish
CCI (20)

Strong expansion

136.0Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$9.95 (4.36%)Range
Bollinger Bands (20,2)

Width 36.12%

89%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$224.71 / $187.33Range
ATR channel lower / upper

Current Volatility Envelope

$218.28 / $238.18Range

Volume / Money Flow

MFI (14)

Money flow is strong

60.0Bullish
OBV slope

20-period OBV slope

4.72%Bullish
Volume ratio

Relative to 20-period average volume

0.29xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$233.74Range
Support

Nearest Downside Decision Level

$164.78Range

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