Chevron Stock Forecast

Buy candidate since Aug 07, 2026

The Chevron stock price fell by -1.41% on the last day (Friday, 7th Aug 2026) from $189.23 to $186.56. During the last trading day the stock fluctuated 1.01% from a day low at $185.87 to a day high of $187.75. The price has fallen in 6 of the last 10 days and is down by -4.23% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -83 thousand shares and in total, 7 million shares were bought and sold for approximately $1.32 billion.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Chevron stock with a 90% probability to be traded between $165.80 and $197.42 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

CVX Signals & Forecast

The Chevron stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $190.70. On a fall, the stock will find some support from the long-term average at approximately $181.75. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Wednesday, August 05, 2026, and so far it has risen 0.0805%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Chevron stock

Chevron finds support from accumulated volume at $184.71 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.88 between high and low, or 1.01%. For the last week, the stock has had daily average volatility of 2.02%.

Our recommended stop-loss: $175.27 (-6.05%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (CVX) For The Upcoming Trading Day Of Monday 10th

For the upcoming trading day on Monday, 10th we expect Chevron Corporation to open at $186.73, and during the day (based on 14 day Average True Range), to move between $184.38 and $188.74, which gives a possible trading interval of +/-$4.36 (+/-2.37%) up or down from last closing price. If Chevron Corporation takes out the full calculated possible swing range there will be an estimated 2.37% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $184.71 (0.99%) than the resistance at $189.71 (1.69%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Dividend Warning For CVX

Dividend coming up for CVX: Ex-dividend date (Wednesday 19th August, 2026) is 8 days away. The dividend is $1.78.

Is Chevron Corporation stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Chevron stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Buy candidate.

Current score: 1.454 Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on August 10, 2026 - $186.73 ( 0.0893%).

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