Uptrend Under Pressure 93
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 93/100 · 7 distribution days (SPY) Sep 11 Full briefing →
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CVX · Chevron Corporation

$212.76 -0.49% Sep 10 close
Detected setup Trend Only · Setup Score 81/100

Stand aside — setup invalidated

Setup score 81, but distribution days reach 5 or more — stand aside until the condition resets.

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$CVX

Chevron Corporation

Chevron Corporation is a mega-cap Integrated Oil company in the Energy Minerals sector with a market cap of $420B.

Energy Minerals Integrated Oil stock Stage 2 · Advancing Base 2
$212.76 latest close
Join to Watchlist $CVX Share card
Verdict · setup score 81/100 · data Sep 10 close · 1 session old

Stand aside — setup invalidated

Setup score 81, but distribution days reach 5 or more — stand aside until the condition resets.

Review six verdicts Inspect chart
Earnings

Normal technical setup

No sourced report date Event risk is not modelled for this symbol

Deterministic evidence

CVX-0.49%
Sector proxy · XLE-0.58%
Broad market · SPY-0.60%
Same completed session window ending 2026-09-10. CVX was +0.09 points vs XLE. +0.11 points vs SPY.

Session internals Weak

Rule: closed flat-to-down and in the bottom third of the range. Judged on internals, not on the size of the move.

Vs prior close-0.49% From the open-1.75% Range position23% GapNo gap
QQQ confirmationConfirming (-1.06%) SMH confirmationConfirming (-2.44%)
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $212.76 -0.5% Sep 10 close
52W High $217.40 2.1% below high
Wks Since High 0w
Base Depth 0.5% at Sep 11 detection
RS Rank 55 percentile of scan
SMA 50 $193.77
Avg Vol 7,870,026
Rel Vol (Sep 10) 1.22×
More stats
52W Low $146.49
Tight Wks 0
Base B2
SMA 200 $182.02
RS Line vs High -15.8%
RS Line Slope +10.5% ▲
Group Rank #22/58
ADR% 1.7%
ATR(14) $4.07 (1.9%)
Vol Pace (live) N/A
U/D Vol 1.62
A/D Days 18A / 17D
A/D Rating B
VDU Bars 0/10 d
Power Trend 23d
Position in 52-week range 93rdpercentile of the 52-week range
$146.49low
$217.40high

CVX Chart

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Technical Analysis Report Card

$CVX · $212.76 · as of 2026-09-10 · multi-factor read
100
/ 100
Technicals 100/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▲ Uptrend
Weekly ▲ Uptrend
Monthly ▲ Uptrend

Moving Averages

50-day$193.77 ↑
100-day$189.24 ↑
200-day$182.02 ↑
Bullish (50 > 200)

RSI (14)

Reading67.5 · Bullish

Bullish momentum — comfortably in buyer territory.

MACD (12/26/9)

StateBullish
Histogram+0.310

Bullish — MACD above its signal line and above zero. Histogram contracting.

Bollinger Bands (20,2)

%B / Width86% · 9.6%

Near the upper band — buyers in control.

Volume · Buyer vs Seller

Up/Down vol1.62 · Accumulation
Rel volume1.22×

Accumulation — volume is concentrated on up days; buyers dominate. Recent volume is easing versus its baseline.

Support & Resistance

R · $214.71swing level
R · $217.4052-week high
Price · $212.76now
S · $197.82swing level
S · $185.87swing level
S · $180.70swing level

Fibonacci · Uptrend swing

23.6%$204.98
38.2%$197.30
50.0%$191.09
61.8%$184.88
78.6%$176.04

Retracement support zones measured from the recent swing low up to the high.

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Daily uptrendWeekly uptrendMonthly uptrendAbove 200-day MA50/200 bullishVolume accumulation
Want this read in a legend's voice? Ask a Legend about CVX
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.

Council consensus: 5 of 6 legends are Watching — building, not yet a confirmed buy.
Minervini
Watch
Minervini C

Trend-template read: 7/11 pass; wait for the soft misses to improve.

Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $212.76, MA150 $190.13, MA200 $182.02
1.2 150-day MA > 200-day MAMA150 $190.13 vs MA200 $182.02
Failing evidence
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 64
2. ROE ≥ 17%ROE 11.0%
7/11 checks
Method → Playbook → Ask →
O'Neil
Avoid
O'Neil D

CANSLIM read: fails L: RS rank ≥ 80 (IBD leadership).

Passing evidence
C: Quarterly EPS acceleration ≥ 25%+329.8% QoQ
N: Near 52-week high or RS line new high2.1% below high | RS line new high: False
Failing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 64
A: Annual earnings & revenue qualityRev -6.8% | ROE 11.0%
3/8 checks
Method → Playbook → Ask →
Weinstein
Watch
Weinstein C

Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $212.76 vs MA200 $182.02
Failing evidence
Volume expansion above averageVolume ratio 1.22x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
5/7 checks
Method → Playbook → Ask →
Livermore
Watch
Livermore B

Pivotal-point read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$212.76
Distance from 52-week high2.1% below high
Failing evidence
Relative strengthRS 64
Volume vs average1.22x
3/6 checks
Method → Playbook → Ask →
Darvas
Watch
Darvas B

Box-theory read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$212.76
Distance from 52-week high2.1% below high
Failing evidence
Relative strengthRS 64
Volume vs average1.22x
3/6 checks
Method → Playbook → Ask →
Wyckoff
Watch
Wyckoff B

Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$212.76
Distance from 52-week high2.1% below high
Failing evidence
Relative strengthRS 64
Volume vs average1.22x
3/6 checks
Method → Playbook → Ask →
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

Latest candle: Bearish Engulfing — Today's down candle engulfs yesterday's up candle — a bearish reversal warning, most significant after an extended advance.

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RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
116RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +2 B
A: 15 D: 13 Net: +265 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 4/7 met
B 4/7 criteria
Separate score from the Minervini Trend Template (7/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
✓ EPS acceleration ≥25% QoQ +330%
✗ Revenue growth ≥20% YoY -7%
✓ Gross margin ≥30% 44%
✗ ROE ≥17% 11%
✗ RS rating ≥80 (leadership) 64
✓ Stage 2 uptrend (Weinstein) Stage 2
✓ Within 25% of 52W high -2.1%

Method Playbook

Trade it like O'Neil EXACT LEVELS · PRO
O'Neil D · Avoid — The deterministic methodology check is Avoid; wait until the blocking criteria are resolved.
Pivot
Pro level
Published-method rule: Use the proper base pivot or handle high after CANSLIM leadership and market-direction checks are satisfied.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a breakout through the pivot on volume at least 40% above average; the valid buy zone ends 5% above the pivot.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Use the setup's structural stop with a hard 7–8% maximum-loss ceiling from the actual entry.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Protect progress under constructive support such as the 21-day or 10-week line; a stop may ratchet higher but never lower.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit on the hard loss limit, a decisive support break, or a rule-based climax/distribution signal; a normal 20–25% advance is reviewed rather than assumed permanent.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Forming Patterns (predictive — not confirmed)

Cup & Handle bullish forming
75% built

Right side of cup nearly rebuilt (96% recovered). Watch for a shallow handle to form near ~214.71 before a breakout attempt — buying here, ahead of the handle, is premature.

Pivot Watch 0.91% away
Tightness / volume Tightening · No VDU
Recent-pace band 1–4 sessions
Confirms above 214.71
Invalidates at 189.75
Rim 214.71
Cup Low 164.78
Pivot 214.71
Mid Cup 189.75

Cup depth 23%, recovery 96%, handle=not yet

Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.

Pattern Analysis

Trend Only
81 setup score
RS Score 64
Trend template 7/8
Why This Setup?
Trend Only · schematic

Gatekeeper 7/8 | Strong trend (7/8) | Good RS (64) | Accumulation (1.6× up/dn vol) | Power Trend | Stage 2

Ask a Legend ▾
The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

1/7 universals met
  • A relative-strength leader — not met RS rank 55 — laggard
  • Risk is defined — not met No stop — undefined risk
  • Asymmetric reward — partly met No target set
  • Clear of earnings — partly met Report date unknown
  • Not chasing (in range) — partly met Pivot distance unknown
  • Volume confirms — partly met 1.2× average — light
  • In a confirmed uptrend — met Stage 2 · Trend template 7/8
Why these seven? → The Universal Edge

Minervini Trend Template

7/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $212.76 vs SMA150 $190.13 / SMA200 $182.02
SMA 150 above SMA 200 SMA150 $190.13 vs SMA200 $182.02
SMA 200 trending up Slope +5.12 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $193.77
Price above SMA 50 $212.76 vs SMA50 $193.77
30%+ above 52-week low +45.2% from $146.49
Within 25% of 52-week high -2.1% from $217.40
RS score above 70 RS 64

Fundamentals

52W Range
93%
Mkt Cap SEC
420.4B
EPS QoQ
+330%
Rev YoY
-7%
ROE
11%
Gross Margin
44%
D/E
0.22
EPS TTM
$6.63
P/E TTM
32.1x
Float
2.0B

Company

Company profile
Chevron Corporation
CVX · NYSE · Energy Minerals · Integrated Oil
Track all markets on TradingView

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
8/8
W. RS
75
W. Support
$164.78
W. Resist
$214.71
Weekly Structure

Scan History

20× streak
Sep 09: 83 (Trend Only)Sep 10: 82 (Trend Only)Sep 10: 90 (Cup & Handle)Sep 10: 90 (Cup & Handle)Sep 11: 81 (Trend Only)Sep 11: 81 (Trend Only)81
Sep 11
Trend Only ✓ Gate
81
Sep 11
Trend Only ✓ Gate
81
Sep 10
Cup & Handle ✓ Gate
90 0.0%
Sep 10
Cup & Handle ✓ Gate
90 0.0%
Sep 10
Trend Only ✓ Gate
82 0.0%
Sep 09
Trend Only ✓ Gate
83 -0.5%

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