CHEVRON CORP (CVX) Stock Technical Analysis
NYSE:CVX - New York Stock Exchange, Inc. - US1667641005 - Common Stock - Currency: USD
Overall CVX gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CVX is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month CVX has a been trading in the 142.26 - 161.77 range, which is quite wide. It is currently trading near the high of this range.
CVX has an average volume of 8415230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, CVX turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
CVX is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 60% of 210 stocks in the same industry.
CVX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CVX is lagging the market.
CVX has an average technical rating and the quality of the presented setup is also not ideal 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
136.49
170.31
3 important support areas can be observed.
- A support zone ranging from 151.62 to 154.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 141.99 to 142.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 137.87 to 138.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 161.16 to 162.54. 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
CRS52.98
Mansfield-0.88
10 Day High161.77
10 Day Low150.87
20 Day High161.77
20 Day Low142.26
52 Week High167.11
52 Week Low135.37
Performance
1 Week-2.34%
2 Weeks3.56%
1 Month8.87%
3 Month3.21%
6 Month-1.39%
12 Month4.37%
2 Year-10.56%
3 Year18.52%
5 Year45.28%
10 Year51.81%
15 Year115.82%
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)0.74
RSI(14)55.54
LBB146.18
UBB163.23
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 |
|---|---|---|---|
| 157.10 | 151.61 | 5.49 (3.49%) | 25.00% |
| An entry @157.10. This is a Buy Stop order right above the 10 day moving average. | An exit @151.61. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.49 points, which is 3.49%. | For a 0.87% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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 (1/24/2025, 8:04:00 PM)
After market: 155.61 -0.04 (-0.03%)155.65
-0.36 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.23%
1 Week-2.34%
2 Weeks3.56%
1 Month8.87%
3 Month3.21%
6 Month-1.39%
12 Month4.37%
2 Year-10.56%
3 Year18.52%
5 Year45.28%
10 Year51.81%
15 Year115.82%
Volatility
ATR(14)2.87
ATR(20)%1.7%
ATR Inc-23.09%
Range Today2.2
ADR(20)2.47
ADR(20)%1.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.98
Mansfield-0.88
10 Day High161.77
10 Day Low150.87
20 Day High161.77
20 Day Low142.26
52 Week High167.11
52 Week Low135.37
CS1 End154.46
CR1 Start161.16
Volume & EV
DER(3)-1.35%
DER(5)-1.7%
Volume8.00M
Volume Incr-10.79%
Vol(5)8.12M
Vol(50)8.42M