Stand aside — setup invalidated
Setup score 88, but distribution days reach 5 or more — stand aside until the condition resets.
Simple research view
CVX · Chevron Corporation
$232.01 -0.51% Oct 26 close
Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.
$CVX
Chevron CorporationChevron Corporation is a mega-cap Integrated Oil company in the Energy Minerals sector with a market cap of $458B.
Market Structure
Trend structure: downtrend
Latest event: structure_shift
(bearish)
Support
185.64–186.73
· 4 touches · moderate
Support
197.37–197.82
· 4 touches · moderate
Support
151.94–152.15
· 3 touches · moderate
Support
191.48–192.68
· 3 touches · moderate
Verdict · setup score 88/100 · data Oct 26 close · latest session
Stand aside — setup invalidated
Setup score 88, but distribution days reach 5 or more — stand aside until the condition resets.
Recent price action · daily
What would change this verdict
What needs to turn for this to become buyable — the top failing checks across the legend council:
- Minervini 2. ROE ≥ 17% — ROE 11.0%
- Minervini 2. Revenue growth ≥ 20% YoY — -6.8% YoY
- O'Neil A: Annual earnings & revenue quality — Rev -6.8% | ROE 11.0%
- O'Neil M: Market in confirmed uptrend — Market phase: uptrend_under_pressure
- Weinstein Volume expansion above average — Volume ratio 0.82x
- Weinstein Weekly price coiling (Stage 2 consolidation) — Tightening weekly range confirms base
Minority view — the council disagrees here
- Minervini: watch Trend-template read: 10/12 pass; wait for the soft misses to improve.
- O'Neil: watch CANSLIM read: 4/8 pass; improvement is still needed.
- Weinstein: watch Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
74
Strong
Legend Score · rates the stock
Strong (74/100) — held back by eps growth
Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.
- Relative Strength (25%) 90
- Trend Template (25%) 100
- Institutional Footprint (20%) 72
- EPS Growth (15%) 35
- Quality (SMR-like) (15%) 44
RS rank 89: beating most of the market. Trend template 8/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 72: mild accumulation. EPS up +3% — growing, but below the 25% leadership bar. Quality 44: weak fundamentals (sales growth 30, return on equity 40, leverage 100). Updated 2026-10-27.
Earnings
Post-earnings setup
Next earnings
Friday, October 23, 2026
Before market open
Exact clock time not supplied by source
Deterministic evidence
CVX+2.88%
Sector proxy · XLE+2.60%
Broad market · SPY-0.52%
CatalystUnavailable
Stock reactionPositive
Sector reactionSupportive
Opening surgeNo surge
Event riskEarnings-driven
Session internals Strong momentum
Rule: closed up, at or above the open, in the top third of the day's range. Judged on internals, not on the size of the move.
Vs prior close+2.88%
From the open+2.09%
Range position91%
GapNo gap
QQQ confirmationNeutral (-0.01%)
SMH confirmationConfirming (+0.74%)
Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.
More stats
52W Low
$146.49
Tight Wks
1
Base
B2
SMA 200
$191.99
RS Line vs High
-9.1%
RS Line Slope
+13.3% ▲
Group Rank
#9/66
ADR%
1.9%
ATR(14)
$4.97 (2.1%)
Vol Pace (live)
N/A
A/D Days
10A / 7D
A/D Rating
A
VDU Bars
0/10 d
Power Trend
13d
Earnings
in 2d
CVX Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Technical Analysis Report Card
$CVX · $232.01 · as of 2026-10-26 · multi-factor read
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$211.06 ↑
100-day$197.53 ↑
200-day$191.99 ↑
Bullish (50 > 200)
RSI (14)
Reading74.1 · Overbought
Overbought — buyers extended; watch for a pause or pullback.
MACD (12/26/9)
StateBullish
Histogram+1.582
Bullish — MACD above its signal line and above zero. Histogram contracting.
Bollinger Bands (20,2)
%B / Width89% · 18.1%
Near the upper band — buyers in control.
Volume · Buyer vs Seller
Up/Down vol2.6 · Accumulation
Rel volume0.82×
Pocket pivots · 10d3
5d vs 50d vol88%
Heavy vol up / down0 / 0
Accumulation — volume is concentrated on up days; buyers dominate. Recent volume is easing versus its baseline.
- Pocket pivot 6 sessions ago — up-day volume beat every down day of the prior 10 sessions.
Support & Resistance
R · $234.0852-week high
Price · $232.01now
S · $201.37swing level
S · $197.82swing level
S · $185.87swing level
Fibonacci · Uptrend swing
23.6%$217.73
38.2%$207.61
50.0%$199.43
61.8%$191.25
78.6%$179.61
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 bullishRSI overbought
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.
How to read the numbers: the setup score (88/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.
Council consensus:
9 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini
Watch
B
Trend-template read: 10/12 pass; wait for the soft misses to improve.
mediumEnter on break of $227.07 pivot with stop at $219.62 (risk 3.3%). SEPA Grade B (5/7).
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $232.01, MA150 $195.43, MA200 $191.99
1.2 150-day MA > 200-day MAMA150 $195.43 vs MA200 $191.99
Failing evidence
2. ROE ≥ 17%ROE 11.0%
2. Revenue growth ≥ 20% YoY-6.8% YoY
O'Neil
Watch
D
CANSLIM read: 4/8 pass; improvement is still needed.
mediumAscending Triangle still forming in a top industry group — ideal buy point at $227.07 on big volume. CANSLIM 80.
Passing evidence
C: Quarterly EPS acceleration ≥ 25%+329.8% QoQ
L: RS rank ≥ 80 (IBD leadership)RS rank 89
Failing evidence
A: Annual earnings & revenue qualityRev -6.8% | ROE 11.0%
M: Market in confirmed uptrendMarket phase: uptrend_under_pressure
Weinstein
Watch
C
Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.
Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $232.01 vs MA200 $191.99
Failing evidence
Volume expansion above averageVolume ratio 0.82x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
dennis
Watch
C
Turtle read: no breakout yet. Price is pressing the 20-day high. The system waits for the print; it never anticipates.
Passing evidence
No breakdown below the 20-day channel20-day low $201.96
Volatility-unit sizing (1N ≈ 1% of equity)1N = $4.59 (1.98% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
zanger
Watch
B
Zanger read: the structure is fine but the breakout quality is not there yet — wait for 150%+ volume on the break.
partialZanger would buy the Ascending Triangle breakout only with 150-200% volume, never more than 5% above the breakout point, with a 2-3% stop set at entry. His edge over O'Neil is the exit plan: sell 20-30% of the position at +15-20%, then trail the rest on the 10/20-day moving average.
Passing evidence
Named Zanger pattern onlyAscending Triangle
Not extended (≤5% above the breakout point)Measured as passing
Failing evidence
Breakout volume 1.5-2.0x averageData unavailable
zweig
Watch
B
Zweig read: part of his screen passes but not all: Insider buying — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
EPS growth above the market (≥15% QoQ)+329.8% QoQ — Zweig wants growth above the S&P average
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 35.0x — no PEG or forward P/E stored
Failing evidence
Insider buyingNo insider buying flagged
Monetary conditions: don't fight the FedFed series stored but too thin to read direction
Livermore
Watch
B
Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$232.01
Relative strengthRS 89
Failing evidence
Volume vs average0.82x
Pivotal point cleared on expanding volumeNot confirmed
Darvas
Watch
B
Box-theory read: constructive evidence is present, but volume vs average is unresolved.
mediumStock is at the top of its box — Darvas would wait for a decisive breakout on volume.
Passing evidence
Price$232.01
Relative strengthRS 89
Failing evidence
Volume vs average0.82x
Box top broken on heavy volumeNot confirmed
Wyckoff
Watch
B
Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$232.01
Relative strengthRS 89
Failing evidence
Volume vs average0.82x
Sign of Strength confirmed on expanding volume0.82x average volume — needs ≥1.4x
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?
Latest candle: Doji — Open and close nearly equal — indecision. After a strong move it can signal a pause or pending reversal; wait for confirmation.
RS Line vs SPY
52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
▲ Rising
Accumulation / Distribution
last 65 sessions · green = acc on high vol · red = dist on high vol
Net +6
Fundamentals & leadership quality — Minervini’s published criteria · 5/7 met
B
5/7 criteria
Separate score from the Minervini Trend Template (8/8): 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)
89
Stage 2 uptrend (Weinstein)
Stage 2
Within 25% of 52W high
-0.9%
Method Playbook
Trade it like Wyckoff
EXACT LEVELS · PRO
Wyckoff B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro levelPublished-method rule: Use the Spring/test, Sign of Strength, creek, or Last Point of Support boundary identified by the active structure.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Require a completed test or Sign of Strength/Last Point of Support confirmation with improving demand versus supply.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro levelPublished-method rule: Start below the Spring/test low or structural support whose failure would invalidate the accumulation read.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: Raise protection beneath successive Last Points of Support or meaningful higher lows during markup; never loosen it.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro levelPublished-method rule: Exit on a failed Sign of Strength, support loss, or clear supply-dominant reversal such as an upthrust failure.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →
Pattern Analysis
Ascending Triangle
⚠ Volatility widening into breakout
88
setup score
RS Score
89
Trend template
8/8 ✓
CANSLIM
79.5* (B)
high slope: 0.0429
low slope: 0.3791
triangle height: 17.44
depth: 0.0769
triangle volume ratio: 1.128
validation reason: valid generic setup
multi tf evaluated: ✓
multi tf reason: weekly range widening last 3 weeks — unstable structure
Why This Setup?
D+W Confluence
Ascending Triangle · schematic
Flat resistance (slope=0.0429), rising lows (slope=0.3791) | Strong trend (8/8) | Top RS (89) | High-confidence pattern (75%) | Accumulation (2.6× up/dn vol) | Power Trend | Stage 2 | Readiness 73/100 (watch) | CANSLIM 79.5 (B) | ⚠ Volatility widening into breakout
55
setup score
RS Score
89
Trend template
8/8 ✓
CANSLIM
75.7* (B)
15.9% cup depth
2.6% handle
rims outside 10% ideal
9 sessions since breakout
- Cup 15.9% deep from a $195.89 left rim to a $164.78 low
- Rims 11.2% apart (accepted, but outside the 10% ideal)
- Handle pulled back 2.6% over 2 bars from $207.41 to $201.96
- Handle sits in the upper half of the cup
- Rounded U-shaped bottom
- Pivot $217.78 fixed at the handle high
- Breakout: 9 bars since the first close above the pivot
- Volume dried up in the handle
Raw detector evidence · confidence is a heuristic match score, not a probability
depth=15.9%, handle_pb=2.6%, lips_diff=11.2%, upper_half=yes, u_shape=yes, near_pivot=yes, orderly=yes | Strong trend (8/8) | Top RS (89) | High-confidence pattern (79%) | Accumulation (2.6× up/dn vol) | Power Trend | Stage 2 | Readiness 54/100 (early) | CANSLIM 75.7 (B) | ⚠ Volatility widening into breakout; Extended past buy zone; Not actionable yet
setup_key=cup_handle|2026-07-01|2026-09-15|217.78 · cup_handle/2026-10-03
anchors={"bottom": {"bar": 48, "bars_ago": 81, "date": "2026-07-01", "price": 164.78}, "breakout": {"bar": 121, "bars_ago": 8, "date": "2026-10-14", "price": 222.04}, "handle_high": {"bar": 112, "bars_ago": 17, "date": "2026-10-01", "price": 207.41}, "handle_low": {"bar": 114, "bars_ago": 15, "date": "2026-10-05", "price": 201.96}, "left_lip": {"bar": 18, "bars_ago": 111, "date": "2026-05-18", "price": 195.894}, "right_lip": {"bar": 100, "bars_ago": 29, "date": "2026-09-15", "price": 217.78}}
Why This Setup?
D+W Confluence
Cup & Handle · schematic
depth=15.9%, handle_pb=2.6%, lips_diff=11.2%, upper_half=yes, u_shape=yes, near_pivot=yes, orderly=yes | Strong trend (8/8) | Top RS (89) | High-confidence pattern (79%) | Accumulation (2.6× up/dn vol) | Power Trend | Stage 2 | Readiness 54/100 (early) | CANSLIM 75.7 (B) | ⚠ Volatility widening into breakout; Extended past buy zone; Not actionable yet
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.
4/7
universals met
- Clear of earnings — not met in 2 days — event risk
- A relative-strength leader — partly met RS rank 75 — middling
- Volume confirms — partly met 0.8× average — light
- Asymmetric reward — met Met — levels are a Pro detail
- In a confirmed uptrend — met Stage 2 · Trend template 8/8
- Not chasing (in range) — met Met — levels are a Pro detail
- Risk is defined — met Met — levels are a Pro detail
Minervini Trend Template
8/8 ✓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
$232.01 vs SMA150 $195.43 / SMA200 $191.99
SMA 150 above SMA 200
SMA150 $195.43 vs SMA200 $191.99
SMA 200 trending up
Slope +6.46 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $211.06
Price above SMA 50
$232.01 vs SMA50 $211.06
30%+ above 52-week low
+58.4% from $146.49
Within 25% of 52-week high
-0.9% from $234.08
RS score above 70
RS 89
Fundamentals
52W Range
98%
Mkt Cap SEC
458.4B
EPS QoQ
+330%
Rev YoY
-7%
ROE
11%
Gross Margin
44%
D/E
0.22
EPS TTM
$6.63
P/E TTM
35.0x
Float
2.0B
Insider
No Buy
Company
Company profile
Chevron Corporation
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B
79.5* CANSLIM
* disqualified on M
C · Curr. EPS
100
A · Annual EPS
59
N · New Highs
100
S · Supply/Demand
80
L · Leader RS
89
I · Inst. Spons.
96
M · Market
30
Weekly Context
Multi-timeframe signals from weekly barsW. Trend
8/8
W. RS
89
W. Support
$164.78
W. Resist
$233.74
W. Patterns
Cup & Handle
Weekly Structure
Trend
Neutral
Tight Weeks
1
Confirmation
Neutral
Scan History
20× streakOct 27
Ascending Triangle
✓ Gate
88
Oct 26
Cup & Handle
✓ Gate
55
0.0%
Oct 23
Momentum Flag
✓ Gate
97
-0.5%
Oct 23
Cup & Handle
✓ Gate
96
-0.5%
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