CHEVRON CORP (1CVX.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:1CVX - US1667641005 - Common Stock
Taking everything into account, 1CVX scores 5 out of 10 in our technical rating. In the last year, 1CVX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 100% of all other stocks performed better in the past year than 1CVX.
- 1CVX is part of the Oil, Gas & Consumable Fuels industry. There are 71 other stocks in this industry, of which 78% are performing better than 1CVX.
- Warning: 1CVX has an average volume of 851 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- 1CVX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Although the technical rating is only medium, 1CVX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 142.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 135.10, a Stop Loss order could be placed below this zone.
More info and screens
118.43
We found 2 important support areas.
- A support zone ranging from 132.16 to 135.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 119.63 to 120.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 142.25 to 144.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @153.88 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1CVX.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1CVX.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 1CVX.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 1CVX.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of 1CVX.MI is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 54.8 | NEUTRAL | The RSI value for 1CVX.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests 1CVX.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.13 | NEUTRAL | The Stochastics value for 1CVX.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for 1CVX.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.41 | POSITIVE | The high ADX value value for 1CVX.MI suggests a strong trend. |
BIT:1CVX (1/27/2026, 7:00:00 PM)
140.38
-1.78 (-1.25%)
CHEVRON CORP / 1CVX.MI FAQ
What is the ChartMill technical rating of CHEVRON CORP (1CVX.MI) stock?
ChartMill assigns a technical rating of 5 / 10 to 1CVX.MI.
Can you provide the trend direction for CHEVRON CORP?
The current trend direction for CHEVRON CORP (1CVX.MI) is Bullish.
Can you provide the RSI signal for CHEVRON CORP?
CHEVRON CORP (1CVX.MI) has an RSI value of 54.8017. This indicates that the stock is currently neutral.
What is the buy/sell signal for CHEVRON CORP (1CVX.MI) stock?
The buy/sell signal for CHEVRON CORP (1CVX.MI) is buy as both the short term and long term trends are positive.
What is the support and resistance level for 1CVX stock?
CHEVRON CORP (1CVX.MI) has a support level at 135.1 and a resistance level at 142.25. Check the full technical report for our detailed analysis of 1CVX.MI support and resistance levels.