US stock / ETF

Chevron Corporation

CVX · NYSE · USD

1 weekBearish67%
Weekly Downside probability 67%Bearish

CVX 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $181.85 and stabilize above resistance $214.65.

Invalidation Trigger

Break above $214.65 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 43.6, MACD -3.282

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $12.03 (7.04%)

Weekly

EMA Structure

Range
EMA 8$181.44Bearish
EMA 21$181.85Bearish
EMA 50$173.01Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.6 · MACD -3.282

Momentum is weak

Strength
Bearish
Volatility
ATR $12.03 · BB 18.92%

High volatility

Strength
Bearish
Volume
MFI 49.6 · OBV 14.06%

Relative to 20-period average volume

Strength
Range
Price Levels
$146.52 - $214.65

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+32.64% · 4.6 ATR above latest close

$226.67
Nearest resistance

+25.6% · 3.6 ATR above · 34-bar high

$214.65
Current price

Price shown is delayed

$170.89
Nearest support

-14.26% · 2.0 ATR below · 34-bar low

$146.52
Deeper support zone

-21.3% · 3.0 ATR below latest close

$134.49
ATR zone

Latest close ± ATR14

$158.86 - $182.92

Indicators

Trend

Dow Theory Structure

Confirmation $192.67, invalidation $180.42

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

37.8 / 13.1 / 28.2Bearish
Supertrend (10,3)

Price is above Supertrend

$142.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$183.3 / $178.6Bearish
Donchian Channel (20)

20-period breakout channel position

3%Range

Volatility

ATR (14)

High volatility

$12.03 (7.04%)Bearish
Bollinger Bands (20,2)

Width 18.92%

1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$202.35 / $161.89Bearish
ATR channel lower / upper

Current Volatility Envelope

$158.86 / $182.92Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$214.65Range
Support

Nearest Downside Decision Level

$146.52Range

Momentum

RSI (14)

Momentum is weak

43.6Bearish
MACD (12,26,9)

Histogram is negative

-3.282Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.1 / 10.6Bearish
Williams %R (14)

Oversold zone

-96.9Bullish
CCI (20)

Weak expansion

-183.4Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.6Range
OBV slope

20-period OBV slope

14.06%Bullish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Trend

Dow Theory Structure

Confirmation $192.67, invalidation $180.42

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

37.8 / 13.1 / 28.2Bearish
Supertrend (10,3)

Price is above Supertrend

$142.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$183.3 / $178.6Bearish
Donchian Channel (20)

20-period breakout channel position

3%Range

Momentum

RSI (14)

Momentum is weak

43.6Bearish
MACD (12,26,9)

Histogram is negative

-3.282Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.1 / 10.6Bearish
Williams %R (14)

Oversold zone

-96.9Bullish
CCI (20)

Weak expansion

-183.4Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$12.03 (7.04%)Bearish
Bollinger Bands (20,2)

Width 18.92%

1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$202.35 / $161.89Bearish
ATR channel lower / upper

Current Volatility Envelope

$158.86 / $182.92Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.6Range
OBV slope

20-period OBV slope

14.06%Bullish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$214.65Range
Support

Nearest Downside Decision Level

$146.52Range

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