Chevron $CVX Technical Update

September 03, 2018, 20:15 pm ET, BY Quantitative Research Desk - Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

The Chevron (NYSE: CVX) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for CVX, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Technical Summary

Term →Near Mid Long
Rating Weak Neutral Neutral
P1 117.93 115.39 110.40
P2 118.91 119.72 122.98
P3 120.31 124.18 134.95
⚠Triggers may have already come
Support and Resistance Plot Chart for CVX

Long Term Trading Plans for CVX

September 3, 2018, 8:15 pm ET

The Technical Summary and Trading Plans for CVX help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this CVX Report.

CVX - (Long) Support Plan

Buy over 110.40 target 122.98 stop loss @ 110.14.
The technical summary data tells us to buy CVX near 110.40 with an upside target of 122.98. This data also tells us to set a stop loss @ 110.14 to protect against excessive loss in case the stock begins to move against the trade. 110.40 is the first level of support below 118.46 , and by rule, any test of support is a buy signal. In this case, support 110.40 would be being tested, so a buy signal would exist.

CVX - (Short) Resistance Plan

Short under 122.98 target 110.40 stop loss @ 123.24.
The technical summary data is suggesting a short of CVX as it gets near 122.98 with a downside target of 110.40. We should have a stop loss in place at 123.24 though. 122.98 is the first level of resistance above 118.46, and by rule, any test of resistance is a short signal. In this case, if resistance 122.98 is being tested, so a short signal would exist.


CVX Long Term Analysis


CVX EPS Analysis

CVX Dividend Chart

CVX Revenue chart

CVX Growth rate - Quarterly

CVX Growth rate - Yearly

CVX PE chart

CVX PEG chart
Our Market Crash Leading Indicator is Evitar Corte.

  • Evitar Corte warned of market crash risk four times since 2000.

  • It identified the Internet Debacle before it happened.

  • It identified the Credit Crisis before it happened.

  • It identified the Corona Crash too.

  • See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change: Take a Trial