CHEVRON CORP (1CVX.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:1CVX - US1667641005 - Common Stock
Overall 1CVX gets a technical rating of 4 out of 10. 1CVX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
1CVX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
118.44
When analyzing the support we notice one important 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 132.99 to 135.93. 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 | NEGATIVE | The current price of 1CVX.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 47.69 | NEUTRAL | The RSI value for 1CVX.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests 1CVX.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.52 | NEUTRAL | The Stochastics value for 1CVX.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for 1CVX.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.69 | NEGATIVE | The low ADX value for 1CVX.MI suggests a weak or negative trend. |
BIT:1CVX (12/5/2025, 7:00:00 PM)
130.6
-1.08 (-0.82%)
CHEVRON CORP / 1CVX.MI FAQ
What is the ChartMill technical rating of CHEVRON CORP (1CVX.MI) stock?
ChartMill assigns a technical rating of 4 / 10 to 1CVX.MI.
What is the current trend direction of CHEVRON CORP (1CVX.MI) stock?
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 47.6869. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CHEVRON CORP?
The short term momentum for CHEVRON CORP (1CVX.MI) is positive.
Can you provide the support and resistance levels for CHEVRON CORP?
CHEVRON CORP (1CVX.MI) has a support level at 120.34 and a resistance level at 132.99. Check the full technical report for our detailed analysis of 1CVX.MI support and resistance levels.