CHEVRON CORP (CVX)
US1667641005 - Common Stock
We assign a technical rating of 8 out of 10 to CVX. Although CVX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
CVX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CVX is lagging the market slightly.
In the last month CVX has a been trading in the 147.66 - 162.65 range, which is quite wide. It is currently trading near the high of this range.
CVX has an average volume of 7206720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, CVX outperforms 59% of them, which is more or less in line with the market.
CVX is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 63% of 206 stocks in the same industry.
CVX has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
146.25
170.31
When analyzing the support we can see 3 important areas.
- A support zone ranging from 159.94 to 162.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 151.58 to 156.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 147.73 to 148.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 162.37 to 162.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 166.33 to 168.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.22
Mansfield-0.62
10 Day High162.65
10 Day Low154.53
20 Day High162.65
20 Day Low147.66
52 Week High167.11
52 Week Low135.37
Performance
1 Week0.58%
2 Weeks3.46%
1 Month7.66%
3 Month9.99%
6 Month2.92%
12 Month12.05%
2 Year-11.43%
3 Year43.85%
5 Year38.62%
10 Year49.13%
15 Year108.05%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.37
RSI(14)69.29
LBB153.46
UBB164.29
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 162.68 | 159.93 | 2.75 (1.69%) | 25.00% |
| An entry @162.68. This is a Buy Stop order right above the resistance zone. | An exit @159.93. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.75 points, which is 1.69%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.42%. |
- The distance between exit and entry is rather small compared to the average daily movement of CVX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CHEVRON CORP
NYSE:CVX (11/22/2024, 8:04:00 PM)
After market: 162.5 +0.14 (+0.09%)162.36
+0.73 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.45%
1 Week0.58%
2 Weeks3.46%
1 Month7.66%
3 Month9.99%
6 Month2.92%
12 Month12.05%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.4
ATR(20)%1.59%
ATR Inc
Range Today1.46
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High162.65
10 Day Low154.53
20 Day High162.65
20 Day Low147.66
52 Week High167.11
52 Week Low135.37
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.01M
Volume Incr-13.09%
Vol(5)6.42M
Vol(50)7.21M