US stock / ETF

Chevron Corporation

CVX · NYSE · USD

4 hoursBearish64%
4h Downside probability 64%Bearish

CVX 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $206.36 and stabilize above resistance $210.14.

Invalidation Trigger

Break above $210.14 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 45.9, MACD -0.110

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.85 (0.9%)

4h

EMA Structure

Range
EMA 8$206.36Bearish
EMA 21$206.36Bearish
EMA 50$206.6Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.9 · MACD -0.110

Neutral zone

Strength
Bearish
Volatility
ATR $1.85 · BB 2.17%

Low volatility

Strength
Bullish
Volume
MFI 43.3 · OBV 3.33%

Relative to 20-period average volume

Strength
Range
Price Levels
$202.7 - $210.14

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.33% · 3.7 ATR above latest close

$211.99
Nearest resistance

+2.43% · 2.7 ATR above · 34-bar high

$210.14
Current price

Price shown is delayed

$205.15
Nearest support

-1.19% · 1.3 ATR below · 34-bar low

$202.7
Deeper support zone

-2.1% · 2.3 ATR below latest close

$200.85
ATR zone

Latest close ± ATR14

$203.3 - $207

Indicators

Trend

Dow Theory Structure

Confirmation $210.14, invalidation $204.36

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

Trend strength is moderate

18.1 / 14.6 / 27.9Bearish
Supertrend (10,3)

Price is above Supertrend

$200.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$206.87 / $205.46Bearish
Donchian Channel (20)

20-period breakout channel position

32%Range

Volatility

ATR (14)

Low volatility

$1.85 (0.9%)Bullish
Bollinger Bands (20,2)

Width 2.17%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$210.02 / $202.71Bullish
ATR channel lower / upper

Current Volatility Envelope

$203.3 / $207Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$210.14Range
Support

Nearest Downside Decision Level

$202.7Range

Momentum

RSI (14)

Neutral zone

45.9Range
MACD (12,26,9)

Histogram is negative

-0.110Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.9 / 33.0Bearish
Williams %R (14)

Neutral zone

-71.1Range
CCI (20)

Balanced zone

-74.1Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.3Bearish
OBV slope

20-period OBV slope

3.33%Bullish
Volume ratio

Relative to 20-period average volume

1.54xBullish

Trend

Dow Theory Structure

Confirmation $210.14, invalidation $204.36

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

Trend strength is moderate

18.1 / 14.6 / 27.9Bearish
Supertrend (10,3)

Price is above Supertrend

$200.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$206.87 / $205.46Bearish
Donchian Channel (20)

20-period breakout channel position

32%Range

Momentum

RSI (14)

Neutral zone

45.9Range
MACD (12,26,9)

Histogram is negative

-0.110Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.9 / 33.0Bearish
Williams %R (14)

Neutral zone

-71.1Range
CCI (20)

Balanced zone

-74.1Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$1.85 (0.9%)Bullish
Bollinger Bands (20,2)

Width 2.17%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$210.02 / $202.71Bullish
ATR channel lower / upper

Current Volatility Envelope

$203.3 / $207Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.3Bearish
OBV slope

20-period OBV slope

3.33%Bullish
Volume ratio

Relative to 20-period average volume

1.54xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$210.14Range
Support

Nearest Downside Decision Level

$202.7Range

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