CHEVRON CORP (1CVX.MI) Technical Analysis
BIT:1CVX • US1667641005
Overall 1CVX gets a technical rating of 7 out of 10. Although 1CVX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 100% of all other stocks performed better in the past year than 1CVX.
- 1CVX is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 67% of 83 stocks in the same industry do better.
- Warning: 1CVX has an average volume of 1287 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- 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.
Although 1CVX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
135.02
We found 4 important support areas.
- A support zone ranging from 161.74 to 165.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 155.75 to 157.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 140.37 to 142.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @136.38 from a trend line in the weekly 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) | UP | POSITIVE | The current price of 1CVX.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 66.53 | NEUTRAL | The RSI value for 1CVX.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests 1CVX.MI has a negative trend. |
| Stochastics (14,3) | 64.2 | NEUTRAL | The Stochastics value for 1CVX.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for 1CVX.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 38.47 | POSITIVE | The high ADX value value for 1CVX.MI suggests a strong trend. |
1CVX.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:1CVX (3/12/2026, 7:00:00 PM)
171.9
+9.98 (+6.16%)
CHEVRON CORP / 1CVX.MI FAQ
What is the ChartMill technical rating of CHEVRON CORP (1CVX.MI) stock?
ChartMill assigns a technical rating of 7 / 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 66.5281. 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 157.03 and a resistance level at 163.77. Check the full technical report for our detailed analysis of 1CVX.MI support and resistance levels.