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Archive
- 5/22/2026 -
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Chevron Corp. (CVX) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the Chevron Corp. (CVX). During the week, the CVX climbed 0.33 points, or 0.17%, and closed at 191.43 on Friday, May 22, 2026. CVX was trading at average weekly trading volume.
CVX is a member of Energy Sector. Energy is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See CVX long-term trend chart]
A long-term uptrend had started on December 16, 2025 at 146.49 and reached 214.71 on March 30, 2026. CVX gained -68.22 points, or -46.57%, in 14 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (184.87) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See CVX medium-term trend chart]
A medium-term downtrend had started on March 30, 2026 at 214.71 and reached 177.74 on April 17, 2026. CVX lost 36.97 points, or 17.22%, in 2 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (180.94) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See CVX weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since April 24, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See CVX short-term trend chart]
A short-term uptrend had started on April 17, 2026 at 177.74 and reached 198.87 on May 19, 2026. CVX gained -21.13 points, or -11.89%, in 32 days. The price is now at the 35.21% retracement level.
Daily Technical Indicators: [See CVX daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since May 14, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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