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Archive - 5/29/2026 - Sign In to see current Signals. |
Chevron Corp. (CVX) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the Chevron Corp. (CVX). During the week, the CVX dropped -8.97 points, or -4.69%, and closed at 182.46 on Friday, May 29, 2026. Weekly volume was 15% above average. 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 April 11, 2025 at 132.00 and reached 214.71 on March 30, 2026. CVX gained -82.71 points, or -62.66%, in 50 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
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 price is now at the 12.77% retracement level.
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. 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 chart has formed a Broadening Ascending Wedge chart pattern.
Daily Technical Indicators: [See CVX daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Energy |
11 |
| Industry |
Integrated Oil & Gas |
39 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Low |
177.74 |
| Low Date |
04/17/2026 |
| High |
198.87 |
| High Date |
05/19/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
214.71 |
| High Date |
03/30/2026 |
| Low |
177.74 |
| Low Date |
04/17/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
146.49 |
| Low Date |
12/16/2025 |
| High |
214.71 |
| High Date |
03/30/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
132.00 |
| Low Date |
04/11/2025 |
| High |
214.71 |
| High Date |
03/30/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
51.60 |
| Low Date |
03/19/2020 |
| High |
214.71 |
| High Date |
03/30/2026 |
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