|
|
Uptrend ExhaustionArchive
- 3/27/2026 -
Sign In to see current Signals. |
Chevron Corp. (CVX) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a fourteenth positive week after 3 consecutive negative weeks for the Chevron Corp. (CVX). During the week, the CVX gained 9.42 points, or 4.67%, and closed at 211.15 on Friday, March 27, 2026. It was the best weekly gain since January 30, 2026. Weekly volume was 35% 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 downtrend had started on November 14, 2022 at 189.68 and reached 132.00 on April 11, 2025. CVX lost 57.68 points, or 30.41%, in 125 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (126.08) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. CVX may retest the broken resistance line. It is considered to be a support line now. 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 uptrend had started on December 16, 2025 at 146.49 and reached 212.46 on March 27, 2026. CVX gained -65.97 points, or -45.03%, in 14 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (195.26) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Relative Strength Index, 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, Relative Strength Index and Williams' Percentage Range help.
The weekly MACD line is above its signal line since January 9, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 March 10, 2026 at 185.64 and reached 212.46 on March 27, 2026. CVX gained -26.82 points, or -14.45%, in 17 days. Price is near the trend high.
 Daily Technical Indicators: [See CVX daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic.
The daily MACD line is above its signal line since March 11, 2026. This is an indication that the short-term trend is up.
| |
|
|