REPORTING FOR 2019-11-20 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how CVX has been trading over the last 2 weeks and the past day especially. On its latest session, Chevron Corporation ($CVX) opened at 118.5, reaching a high of 118.8 and a low of 116.08 before closing at a price of 116.45. There was a total volume of 8680566.
VOLUME INDICATORS FOR CHEVRON CORPORATION ($CVX): We saw an accumulation-distribution index of 4326.66, an on-balance volume of 118.55, chaikin money flow of 17.13333 and a force index of 16.8857. There was an ease of movement rating of -0.00191, a volume-price trend of -2.87169 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR CHEVRON CORPORATION ($CVX): We noted an average true range of 1.31394, bolinger bands of 120.02328, an upper bollinger band of 114.19672, lower bollinger band of 116.08, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 117.79333, high band keltner channel of 117.49333, low band keltner channel of 118.09333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 116.08, a donchian channel low band of 116.08, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR CHEVRON CORPORATION ($CVX): We calculated a Moving Average Convergence Divergence (MACD) of 0.04622, a MACD signal of 0.02568, a MACD difference of 0.02054, a fast Exponential Moving Average (EMA) indicator of 116.08, a slow Exponential Moving Average (EMA) indicator of 116.08, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.4344, a trix of -1.71468, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 3.00403, a KST Oscillator (KST) of -25.22614 and a KST Oscillator (KST Signal) of -25.22614 (leaving a KST difference of 4.32468). We also found an Ichimoku rating of 118.65, an Ichimoku B rating of 118.65, a Ichimoku visual trend A of 120.01238, an Ichimoku visual trend B of 119.3015, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR CHEVRON CORPORATION ($CVX): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 50.76869, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -957.64532, a stochastic oscillator of 906.66667, a stochastic oscillator signal of 906.66667, a Williams %R rating of 806.66667 and an awesome oscillator of 0.44883.
RETURNS FOR CHEVRON CORPORATION ($CVX): There was a daily return of -2.52261, a daily log return of 1.75908 and a cumulative return of 1.77464.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-20 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Chevron Corporation ($CVX)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Chevron Corporation ($CVX) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.