(CVX) Chevron Corporation complete technical analysis [charts+indicators] | Buy/Sell Chevron Corporation | (CVX) share price targets
Complete technical analysis of Chevron Corporation (CVX) by charts plus indicators, forecast predictions and share price targets for Chevron Corporation (CVX)
Chevron Corporation trades in USA in Energy sector.
Showing technical analysis as on 2024-05-16 View latest technical analysis
10 day averaged volume of Chevron Corporation is 7372647
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 161.09 | 161.53 | 162.00 | 160.48 | 0.866 times |
| 15 Wed May 2024 | 163.05 | 163.13 | 163.80 | 160.17 | 1.019 times |
| 14 Tue May 2024 | 163.61 | 164.34 | 165.20 | 163.02 | 0.668 times |
| 13 Mon May 2024 | 164.53 | 166.48 | 166.91 | 162.98 | 0.929 times |
| 10 Fri May 2024 | 165.82 | 166.04 | 166.42 | 165.02 | 0.745 times |
| 09 Thu May 2024 | 165.45 | 163.02 | 165.51 | 162.73 | 0.906 times |
| 08 Wed May 2024 | 162.54 | 161.95 | 163.08 | 161.54 | 0.91 times |
| 07 Tue May 2024 | 162.67 | 162.31 | 163.15 | 162.02 | 0.932 times |
| 06 Mon May 2024 | 162.30 | 160.73 | 164.02 | 160.73 | 1.143 times |
| 03 Fri May 2024 | 160.25 | 160.66 | 160.66 | 157.04 | 1.582 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 160.9 as stoploss in an intra day buy trade for a target of 162.94. However, stock will show a bearish move below 160.9.
Share price targets for Chevron Corporation (CVX)
| Target Type | Value |
| Downside Target | 139.62 |
| Downside Target | 146.52 |
| Downside Target | 154.35 |
| Downside Target | 160.73 |
| Downside Target | 160.75 |
| Upside Target | 166.42 |
| Upside Target | 166.91 |
| Upside Target | 166.98 |
| Upside Target | 167.11 |
Intraday share price targets for Chevron Corporation (CVX)
| Target Type | Value |
| Downside Intraday Target | 158.54 |
| Downside Intraday Target | 155.98 |
| Upside Intraday Target | 165.28 |
| Upside Intraday Target | 169.46 |
| Upside Intraday Target | 162.72 |
Weekly technical analysis of Chevron Corporation (CVX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 161.09 | 166.48 | 166.91 | 160.17 | 0.751 times |
| 10 Fri May 2024 | 165.82 | 160.73 | 166.42 | 160.73 | 0.799 times |
| 03 Fri May 2024 | 160.25 | 165.91 | 167.11 | 157.04 | 1.086 times |
| 26 Fri Apr 2024 | 165.89 | 159.95 | 166.98 | 158.44 | 1.223 times |
| 19 Fri Apr 2024 | 160.00 | 159.94 | 160.75 | 155.42 | 0.803 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Chevron Corporation (CVX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 161.09 | 160.78 | 166.91 | 157.04 | 0.528 times |
| 30 Tue Apr 2024 | 161.27 | 158.27 | 167.11 | 155.42 | 0.949 times |
| 28 Thu Mar 2024 | 157.74 | 153.05 | 158.19 | 147.67 | 1.072 times |
| 29 Thu Feb 2024 | 152.01 | 148.19 | 156.63 | 146.52 | 0.792 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Chevron Corporation (CVX)
Price action analysis of Chevron Corporation ( (CVX) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Chevron Corporation ( (CVX) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Chevron Corporation ( (CVX) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Chevron Corporation ( (CVX) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Chevron Corporation stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Chevron Corporation in short term but the sell signal is initial and weak.
Chevron Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Chevron Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Chevron Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 162.86 and Chevron Corporation (CVX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Chevron Corporation (CVX) stock. Volume based technical analysis of Chevron Corporation (CVX) stock is negative.
Chevron Corporation Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Chevron Corporation ( (CVX) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Chevron Corporation ( (CVX) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Chevron Corporation ( (CVX) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Chevron Corporation ( (CVX) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Chevron Corporation stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Chevron Corporation in short term but the sell signal is initial and weak.
Chevron Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Chevron Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Chevron Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 162.86 and Chevron Corporation (CVX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Chevron Corporation (CVX) stock. Volume based technical analysis of Chevron Corporation (CVX) stock is negative.
Chevron Corporation Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.