CHEVRON CORP (1CVX.MI) Stock Technical Analysis
BIT:1CVX - Euronext Milan - US1667641005 - Common Stock - Currency: EUR
We assign a technical rating of 1 out of 10 to 1CVX. 1CVX performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
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 61 other stocks in this industry, of which 91% are performing better than 1CVX.
1CVX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
The technical rating of 1CVX is bad and it also does not present a quality setup 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
118.44
155.42
We found 1 important support area.
- A support zone ranging from 119.64 to 120.34. 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 121.23 to 123.09. 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 | DOWN | NEGATIVE | The short term trend for 1CVX.MI is down. |
| 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) | DOWN | NEGATIVE | The current price of 1CVX.MI is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 36.17 | NEUTRAL | The RSI value for 1CVX.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.91 | NEGATIVE | The MACD value suggests 1CVX.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.61 | OVERSOLD | The low Stochastics value suggests 1CVX.MI may be oversold. |
| Average True Range in percent/ATR (20) | 5.32 | HIGH VOLATILITY | The high ATR as a percentage value for 1CVX.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 18.23 | NEGATIVE | The low ADX value for 1CVX.MI suggests a weak or negative trend. |
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)
BIT:1CVX (5/28/2025, 7:00:00 PM)
121.22
+0.88 (+0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.73%
1 Week0.33%
2 Weeks-21.29%
1 Month-21.95%
3 Month-10.26%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.94
ATR(20)%5.32%
ATR Inc-81.01%
Range Today1.22
ADR(20)3.43
ADR(20)%2.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High141.68
10 Day Low118.64
20 Day High161.86
20 Day Low118.64
52 Week HighN/A
52 Week LowN/A
CS1 End120.34
CR1 Start121.23
Volume & EV
DER(3)0%
DER(5)0%
Volume17
Volume Incr-60.94%
Vol(5)55.8
Vol(50)N/A