Technical Analysis for CVX - Chevron Corporation

Grade Last Price % Change Price Change
B 150.62 0.65% 0.97
CVX closed up 0.65 percent on Thursday, October 10, 2024, on 58 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline.
Earnings due: Oct 25
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Up Up

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.00%
NR7 Range Contraction 0.00%
Multiple of Ten Bullish Other 0.00%
Gapped Up Strength 0.00%
Multiple of Ten Bearish Other 0.65%
Outside Day Range Expansion 0.65%
Overbought Stochastic Strength 0.65%
Gapped Down Weakness 0.65%
Fell Below 200 DMA Bearish 1.26%
Slingshot Bullish Bullish Swing Setup 1.26%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 17 hours ago
Up 1% about 21 hours ago
60 Minute Opening Range Breakout about 21 hours ago
200 DMA Support about 21 hours ago
Rose Above 200 DMA about 21 hours ago

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Profile

Chevron Corporation Description

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, and production of crude oil and natural gas; liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and processing, transportation, storage, and marketing of natural gas, as well as holds interest in a gas-to-liquids project. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil and refined products; transporting crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing commodity petrochemicals and fuel and lubricant additives, as well as plastics for industrial uses. The company is also involved in coal and molybdenum mining operations; cash management and debt financing activities; insurance operations; real estate activities; and energy services, and alternative fuels and technology businesses, as well as manages interests in 11 power assets with a total operating capacity of approximately 2,200 megawatts. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California.


Classification

Sector: Energy
Industry: Oil & Gas Integrated
Keywords: S&P 500 Natural Gas Mining Chemical Petroleum Industry Crude Oil Plastic Cash Management Petroleum Petroleum Production Petroleum Products Liquefied Natural Gas Dow Jones Component Energy Services Midstream Refined Products Molybdenum Alternative Fuel Rail Car Insurance Operations Debt Financing Gasification Real Estate Activities Regasification Energy Operations Commodity Petrochemicals

Is CVX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 163.6083
52 Week Low 135.2188
Average Volume 7,655,034
200-Day Moving Average 150.51
50-Day Moving Average 145.13
20-Day Moving Average 146.86
10-Day Moving Average 149.55
Average True Range 2.88
RSI (14) 59.35
ADX 15.54
+DI 30.10
-DI 22.30
Chandelier Exit (Long, 3 ATRs) 144.11
Chandelier Exit (Short, 3 ATRs) 144.01
Upper Bollinger Bands 153.57
Lower Bollinger Band 140.16
Percent B (%b) 0.78
BandWidth 9.13
MACD Line 1.58
MACD Signal Line 1.08
MACD Histogram 0.4988
Fundamentals Value
Market Cap 278.8 Billion
Num Shares 1.85 Billion
EPS 11.36
Price-to-Earnings (P/E) Ratio 13.26
Price-to-Sales 1.46
Price-to-Book 1.74
PEG Ratio 2.58
Dividend 6.04
Dividend Yield 4.01%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 153.17
Resistance 3 (R3) 153.20 152.37 152.75
Resistance 2 (R2) 152.37 151.72 152.36 152.60
Resistance 1 (R1) 151.50 151.32 151.09 151.47 152.46
Pivot Point 150.67 150.67 150.47 150.66 150.67
Support 1 (S1) 149.80 150.02 149.39 149.77 148.78
Support 2 (S2) 148.97 149.62 148.96 148.64
Support 3 (S3) 148.10 148.97 148.50
Support 4 (S4) 148.07