CVX chart analysis today
CVX broke out of a bull pennant 15 days ago on light volume after the weekly uptrend broke. Below $194.81 the break has failed.
Chevron · daily · last close $211.05 · read computed from candles through 2026-09-01. No AI, no signal, no target.
The two prices that decide it
- Above
- $213.40 · the measured move
- Below
- $194.81 · the breakout
- Formation state
- Broke above $194.81 15 days ago on light volume. No retest yet.
- Trend
- a series of higher highs and higher lows over the window, 3 steps across 43 bars, still intact
- Agreement
- Structure 3 of 4 (high) · indicators 3 of 3 (high)
Levels and what happened there
- Support $209.95
- Support $204.91
- The last three times price reached $209.95 it held twice, bouncing 8.5% on average, and broke through once.
- The last six times price reached $204.91 it held 4 times, bouncing 8.7% on average, and broke through twice.
- Bigger picture Weekly uptrend broken, daily rising. weekly — the uptrend broke, nearest resistance $211.59, rising wedge at $206.28. Warning: the weekly uptrend broke 12 weeks ago, so the bigger chart is no longer backing a rise.
- 52 weeks 1.7% below its 52-week high of $214.71 and 44% above its 52-week low of $146.49.
Read your own CVX chart, on any timeframe
This page is the daily read as of 2026-09-01, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.
Analyze CVX now →Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.