US stock / ETF

Chevron Corporation

CVX · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

CVX 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $170.69 and reclaim $188.15.

Invalidation Trigger

Lose $170.69 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 73.4, MACD 0.286

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.57 (0.84%)

4h

EMA Structure

Bullish
EMA 8$185.27Bullish
EMA 21$182.32Bullish
EMA 50$178.8Bullish

Signals

CategoryReadStrength
Momentum
RSI 73.4 · MACD 0.286

Momentum is strong

Strength
Bullish
Volatility
ATR $1.57 · BB 5.37%

Low volatility

Strength
Bullish
Volume
MFI 58.4 · OBV 10.55%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$170.69 - $188.15

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.25% · 1.5 ATR above latest close

$189.72
Nearest resistance

+0.41% · 0.5 ATR above · 34-bar high

$188.15
Current price

Price shown is delayed

$187.38
Nearest support

-8.91% · 10.6 ATR below · 34-bar low

$170.69
Deeper support zone

-9.75% · 11.6 ATR below latest close

$169.11
ATR zone

Latest close ± ATR14

$185.81 - $188.95

Indicators

Trend

Dow Theory Structure

Confirmation $188.15, invalidation $179.16

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

Trend strength is active

39.6 / 42.7 / 14.5Bullish
Supertrend (10,3)

Price is above Supertrend

$182.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$182.53 / $176.43Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Volatility

ATR (14)

Low volatility

$1.57 (0.84%)Bullish
Bollinger Bands (20,2)

Width 5.37%

97%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$185.85 / $179.19Bullish
ATR channel lower / upper

Current Volatility Envelope

$185.81 / $188.95Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$188.15Range
Support

Nearest Downside Decision Level

$170.69Range

Momentum

RSI (14)

Momentum is strong

73.4Bullish
MACD (12,26,9)

Histogram is positive

0.286Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.4 / 86.5Bullish
Williams %R (14)

Overbought zone

-8.6Bearish
CCI (20)

Strong expansion

166.7Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.4Bullish
OBV slope

20-period OBV slope

10.55%Bullish
Volume ratio

Relative to 20-period average volume

1.31xBullish

Trend

Dow Theory Structure

Confirmation $188.15, invalidation $179.16

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

Trend strength is active

39.6 / 42.7 / 14.5Bullish
Supertrend (10,3)

Price is above Supertrend

$182.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$182.53 / $176.43Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Momentum

RSI (14)

Momentum is strong

73.4Bullish
MACD (12,26,9)

Histogram is positive

0.286Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.4 / 86.5Bullish
Williams %R (14)

Overbought zone

-8.6Bearish
CCI (20)

Strong expansion

166.7Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

Low volatility

$1.57 (0.84%)Bullish
Bollinger Bands (20,2)

Width 5.37%

97%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$185.85 / $179.19Bullish
ATR channel lower / upper

Current Volatility Envelope

$185.81 / $188.95Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

58.4Bullish
OBV slope

20-period OBV slope

10.55%Bullish
Volume ratio

Relative to 20-period average volume

1.31xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$188.15Range
Support

Nearest Downside Decision Level

$170.69Range

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