Technical Analysis for CVX - Chevron Corporation

Grade Last Price % Change Price Change
A 165.89 0.37% 0.61
CVX closed up 0.37 percent on Friday, April 26, 2024, on 1.19 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: Apr 26
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.37%
Overbought Stochastic Strength 0.37%
Up 3 Days in a Row Strength 0.37%
Up 4 Days in a Row Strength 0.37%
Up 5 Days in a Row Strength 0.37%
Upper Bollinger Band Touch Strength 0.37%
MACD Bullish Signal Line Cross Bullish 1.42%
Cup with Handle Other 1.42%
Stochastic Reached Overbought Strength 1.42%

   Recent Intraday Alerts

Alert Time
2x Volume Pace about 7 hours ago
1.5x Volume Pace about 7 hours ago
Rose Above Previous Day's High about 8 hours ago
Down 1% about 8 hours ago
Up 1% about 8 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 Products Petroleum Production 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 168.0847
52 Week Low 138.1129
Average Volume 8,196,564
200-Day Moving Average 152.99
50-Day Moving Average 156.50
20-Day Moving Average 160.79
10-Day Moving Average 160.74
Average True Range 2.70
RSI (14) 71.26
ADX 31.63
+DI 29.03
-DI 9.83
Chandelier Exit (Long, 3 ATRs) 158.87
Chandelier Exit (Short, 3 ATRs) 162.96
Upper Bollinger Bands 165.98
Lower Bollinger Band 155.59
Percent B (%b) 0.99
BandWidth 6.46
MACD Line 2.16
MACD Signal Line 1.73
MACD Histogram 0.4338
Fundamentals Value
Market Cap 307.06 Billion
Num Shares 1.85 Billion
EPS 11.36
Price-to-Earnings (P/E) Ratio 14.60
Price-to-Sales 1.46
Price-to-Book 1.74
PEG Ratio 2.58
Dividend 6.04
Dividend Yield 3.64%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 171.41
Resistance 3 (R3) 171.16 169.07 170.49
Resistance 2 (R2) 169.07 167.66 169.20 170.18
Resistance 1 (R1) 167.48 166.80 168.28 167.73 169.88
Pivot Point 165.39 165.39 165.79 165.52 165.39
Support 1 (S1) 163.80 163.98 164.60 164.05 161.90
Support 2 (S2) 161.71 163.12 161.84 161.60
Support 3 (S3) 160.12 161.71 161.29
Support 4 (S4) 160.37