(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 2024-05-21 View latest technical analysis
10 day averaged volume of Chevron Corporation is 6169844
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 159.97 | 160.58 | 161.46 | 159.74 | 0.775 times |
| 20 Mon May 2024 | 161.14 | 162.72 | 163.00 | 161.07 | 0.782 times |
| 17 Fri May 2024 | 162.67 | 161.75 | 162.97 | 161.19 | 0.885 times |
| 16 Thu May 2024 | 161.09 | 161.53 | 162.00 | 160.48 | 1.035 times |
| 15 Wed May 2024 | 163.05 | 163.13 | 163.80 | 160.17 | 1.218 times |
| 14 Tue May 2024 | 163.61 | 164.34 | 165.20 | 163.02 | 0.798 times |
| 13 Mon May 2024 | 164.53 | 166.48 | 166.91 | 162.98 | 1.11 times |
| 10 Fri May 2024 | 165.82 | 166.04 | 166.42 | 165.02 | 0.89 times |
| 09 Thu May 2024 | 165.45 | 163.02 | 165.51 | 162.73 | 1.083 times |
| 08 Wed May 2024 | 162.54 | 161.95 | 163.08 | 161.54 | 1.087 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 160.8, but if it comes above 160.8, then a intra day buy could be more profitable.
If you take a sell trade below 160.8, then use 160.8 as stoploss and 158.3 as target. However if you take a buy trade in stock , then use 160.8 as stoploss and 162.89 as target.
Share price targets for Chevron Corporation (CVX)
| Target Type | Value |
| Downside Target | 139.62 |
| Downside Target | 146.52 |
| Downside Target | 154.35 |
| Upside Target | 160.73 |
| Upside Target | 163.00 |
| 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 | 158.81 |
| Downside Intraday Target | 157.64 |
| Upside Intraday Target | 162.07 |
| Upside Intraday Target | 164.16 |
| Upside Intraday Target | 160.9 |
Weekly technical analysis of Chevron Corporation (CVX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 159.97 | 162.72 | 163.00 | 159.74 | 0.309 times |
| 17 Fri May 2024 | 162.67 | 166.48 | 166.91 | 160.17 | 0.911 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 |
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 |
| 21 Tue May 2024 | 159.97 | 160.78 | 166.91 | 157.04 | 0.619 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Chevron Corporation ( (CVX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Chevron Corporation ( (CVX) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 163.09 and Chevron Corporation (CVX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Chevron Corporation ( (CVX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Chevron Corporation ( (CVX) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 163.09 and Chevron Corporation (CVX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.