US stock / ETF

Chevron Corporation

CVX · NYSE · USD

3 monthsBullish65%
3M Upside probability 65%Bullish

CVX 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $51.6 and reclaim $217.78.

Invalidation Trigger

Lose $51.6 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 60.4, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $28.18 (13.74%)

3M

EMA Structure

Range
EMA 8$180.61Bullish
EMA 21$156.49Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 60.4 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $28.18 · BB 48.42%

High volatility

Strength
Bearish
Volume
MFI 54.2 · OBV -154.21%

Relative to 20-period average volume

Strength
Range
Price Levels
$51.6 - $217.78

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+19.89% · 1.4 ATR above latest close

$245.96
Nearest resistance

+6.16% · 0.4 ATR above · 30-bar high

$217.78
Current price

Price shown is delayed

$205.15
Nearest support

-74.85% · 5.4 ATR below · 30-bar low

$51.6
Deeper support zone

-88.58% · 6.4 ATR below latest close

$23.42
ATR zone

Latest close ± ATR14

$176.97 - $233.33

Indicators

Trend

Dow Theory Structure

Confirmation $132.04, invalidation $168.96

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

40.2 / 20.6 / 10.6Bullish
Supertrend (10,3)

Price is above Supertrend

$113.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$158.19 / --Bullish
Donchian Channel (20)

20-period breakout channel position

87%Bullish

Volatility

ATR (14)

High volatility

$28.18 (13.74%)Bearish
Bollinger Bands (20,2)

Width 48.42%

102%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$220.08 / $95.59Bearish
ATR channel lower / upper

Current Volatility Envelope

$176.97 / $233.33Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$217.78Range
Support

Nearest Downside Decision Level

$51.6Range

Momentum

RSI (14)

Momentum is strong

60.4Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

85.3 / 70.1Bullish
Williams %R (14)

Overbought zone

-14.7Bearish
CCI (20)

Strong expansion

216.6Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.2Range
OBV slope

20-period OBV slope

-154.21%Bearish
Volume ratio

Relative to 20-period average volume

0.05xBearish

Trend

Dow Theory Structure

Confirmation $132.04, invalidation $168.96

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

40.2 / 20.6 / 10.6Bullish
Supertrend (10,3)

Price is above Supertrend

$113.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$158.19 / --Bullish
Donchian Channel (20)

20-period breakout channel position

87%Bullish

Momentum

RSI (14)

Momentum is strong

60.4Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

85.3 / 70.1Bullish
Williams %R (14)

Overbought zone

-14.7Bearish
CCI (20)

Strong expansion

216.6Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

High volatility

$28.18 (13.74%)Bearish
Bollinger Bands (20,2)

Width 48.42%

102%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$220.08 / $95.59Bearish
ATR channel lower / upper

Current Volatility Envelope

$176.97 / $233.33Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.2Range
OBV slope

20-period OBV slope

-154.21%Bearish
Volume ratio

Relative to 20-period average volume

0.05xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$217.78Range
Support

Nearest Downside Decision Level

$51.6Range

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