. CHEVRON CORP. Technical Analysis, Trade Signals and Tips- CSFX

CHEVRON CORP. Technical Analysis, Trade Signals and Tips

06 Jun 2022

CHEVRON CORP. Technical Analysis: Weekly Chart

CHEVRON CORP. Technical Analysis

In the weekly charts, CHEVRON CORP. is trading in an up channel. CHEVRON CORP. is currently trading above all SMA.

RSI is in buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 170.74 & the resistance level is at 180.92.

CHEVRON CORP. will trade in the up channel until there is trend reversal.

CHEVRON CORP. Technical Analysis: Daily Chart

CHEVRON CORP. Technical Analysis

In the daily charts, CHEVRON CORP. is trading in an up channel. CHEVRON CORP. is currently trading above all SMA.

RSI is in buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 174.89 & the resistance level is at 180.92.

CHEVRON CORP. will trade in the up channel until there is trend reversal.   

How to Trade CHEVRON CORP. this Week:

CHEVRON CORP. will follow the uptrend until their trend reversal. So, remain bullish on CHEVRON CORP..

TRADE SUGGESTION- BUY AT 177.06, TAKE PROFIT AT 180.92 AND STOP LOSS AT 174.89