Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Chevron Corporation

CVXNYSE
Energy
Oil & Gas Integrated
$196.03
$-0.94(-0.48%)
U.S. Market is Open • 10:13

Chevron Corporation (CVX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Chevron Corporation (NYSE:CVX).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CVX Technical Analysis Summary

Chevron Corporation stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 70.93)
Trend Strength:Very Strong (ADX: 42.95)
Volatility:Medium (ATR: 4.00)
Support/Resistance:$179.03 – $195.74 (Bollinger Bands)

Technical conditions suggest Chevron Corporation is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 70.93

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 90.29

Bearish
Overbought levels may trigger pullback.

Williams %R: -12.15

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 6.43

Strongly Bullish
Strong upside momentum.

Takeaway:Chevron Corporation shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 4.87

Bullish
Bullish, trend momentum is strengthening.

ADX: 42.95

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 4.00

Medium
Medium volatility, healthy price movement.

CCI (14): 180.30

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Chevron Corporation shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$195.74
Middle Band (SMA 20)
$187.39
Lower Band
$179.03
Current Position
Above Upper Band

Takeaway:Chevron Corporation trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$195.49
Middle Line (EMA 20)
$187.49
Lower Channel
$179.49
Squeeze Status
No Squeeze

Takeaway:Chevron Corporation trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume238.37M
Money Flow Index57.86Neutral, balanced money flows with no clear signal.
Relative Vigor Index50.49Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:CVX shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Chevron Corporation, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Chevron Corporation currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ