Logo image of CVX

CHEVRON CORP (CVX) Stock Technical Analysis

NYSE:CVX - New York Stock Exchange, Inc. - US1667641005 - Common Stock - Currency: USD

156.115  -0.3 (-0.19%)

Technical Rating and Analysis

5

Taking everything into account, CVX scores 5 out of 10 in our technical rating. CVX has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

The long and short term trends are both positive. This is looking good!
In the last month CVX has a been trading in the 147.80 - 158.99 range, which is quite wide. It is currently trading near the high of this range.
CVX has an average volume of 8141730 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 43% 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 62% 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 trading in the upper part of its 52 week range, so CVX is lagging the market slightly.
Weekly and Daily overview Charts
CHEVRON CORP / CVX Weekly stock chart
CHEVRON CORP / CVX Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is only medium, CVX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 155.01, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

136.49

170.31

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 151.35 to 155.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @148.50 from a horizontal line in the daily time frame.
  • Support @145.71 from a trend line in the weekly time frame.
  • 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.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 156.70 to 157.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 160.55 to 162.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @168.62 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.48
Mansfield-0.47
10 Day High158.99
10 Day Low153.32
20 Day High158.99
20 Day Low147.8
52 Week High167.11
52 Week Low135.37
Performance
1 Week0.17%
2 Weeks0.42%
1 Month-0.52%
3 Month-3.4%
6 Month5.72%
12 Month2.36%
2 Year-2.71%
3 Year8.62%
5 Year67.58%
10 Year46.63%
15 Year116.35%
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)0.18
RSI(14)53.06
LBB151.8
UBB159.66
CHEVRON CORP / CVX Daily stock chart

CHEVRON CORP

NYSE:CVX (2/26/2025, 9:46:05 AM)

156.115

-0.3 (-0.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.19%
1 Week0.17%
2 Weeks0.42%
1 Month-0.52%
3 Month-3.4%
6 Month5.72%
12 Month2.36%
2 Year-2.71%
3 Year8.62%
5 Year67.58%
10 Year46.63%
15 Year116.35%
Volatility
ATR(14)2.59
ATR(20)%1.89%
ATR Inc-8.1%
Range Today1.32
ADR(20)2.77
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.48
Mansfield-0.47
10 Day High158.99
10 Day Low153.32
20 Day High158.99
20 Day Low147.8
52 Week High167.11
52 Week Low135.37
CS1 End155.01
CR1 Start156.7
Volume & EV
DER(3)-0.18%
DER(5)0.72%
Volume444.59K
Volume Incr-16.06%
Vol(5)6.13M
Vol(50)8.14M