CHEVRON CORP (CVX)

US1667641005 - Common Stock

162.235  +0.32 (+0.19%)

Technical Rating and Analysis

7

Overall CVX gets a technical rating of 7 out of 10. Although CVX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

CVX is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, of which 63% are performing better than CVX.
Both the short term and long term trends are positive. This is a very positive sign.
CVX has an average volume of 8128830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, CVX turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
CVX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CVX is lagging the market slightly.
In the last month CVX has a been trading in a tight range between 154.65 and 163.87.
Weekly and Daily overview Charts
CVX Weekly chart
CVX Daily chart
Setup Rating and Analysis

5

CVX has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

140.34

174.16

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 154.64 to 162.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 141.76 to 143.67. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 162.68 to 163.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @167.23 from a horizontal line in the daily time frame.
  • Resistance @172.44 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.66
Mansfield-0.46
10 Day High163.87
10 Day Low155.42
20 Day High163.87
20 Day Low154.65
52 Week High171.7
52 Week Low139.62
Performance
1 Week2.75%
2 Weeks0.4%
1 Month4.69%
3 Month8.57%
6 Month12.17%
12 Month-3.95%
2 Year3.35%
3 Year57.1%
5 Year34.87%
10 Year29%
15 Year144.96%
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)
Technical Indicators
MACD(12,26,9)-0.25
RSI(14)62.95
LBB155.71
UBB164.18
CVX Daily chart

CHEVRON CORP

NYSE:CVX (4/23/2024, 12:35:10 PM)

162.235

+0.32 (+0.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.19%
1 Week2.75%
2 Weeks0.4%
1 Month4.69%
3 Month8.57%
6 Month12.17%
12 Month-3.95%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.71
ATR(20)%1.58%
ATR Inc
Range Today1.81
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High163.87
10 Day Low155.42
20 Day High163.87
20 Day Low154.65
52 Week High171.7
52 Week Low139.62
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.26M
Volume Incr-16.81%
Vol(5)6.35M
Vol(50)8.13M