Chevron (CVX) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for CVX · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$190.40last close · Aug 4, 202652-week range $146.49$214.71 · 11.32% below the high

CVX Triangle Pattern

CVX is currently forming a triangle on the daily timeframe. Detected Aug 4, 2026.

A triangle is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $208.31 (+13.0%). Across 13,619 backtested triangles, the setup followed through 52.4% of the time, averaging +0.36R; CVX's own triangles have hit 51.5%.

DirectionBullishTarget$208.31Projected move+13.0%Breakout level$185.06

New to this pattern? What a triangle is and how to trade it →

CVX's Most Recent Triangle Trade

CVX's most recent completed triangle resolved as a loss: it broke higher on May 14, 2026 near $186.19, then was stopped out at $177.58 on Jun 17, 2026 — a -1.29R move (4.6%) over 23 sessions. Across 179 backtested triangles, this setup wins 53.1% of the time.

OutcomeLossResult-1.29REntry$186.19Exit$177.58

Learn about triangle

How Triangles Have Performed

Win rate
52.4%
Avg return
+0.36R
Backtested trades
13,619
CVX win rate
51.5%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

CVX Pattern Trade History

Every completed pattern trade our nightly backtest found on CVX's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleMay 14, 2026 @ $186.19Jun 17, 2026 @ $177.58Loss-1.29R
Falling WedgeDec 30, 2025 @ $152.20Feb 17, 2026 @ $180.55Win+4.96R
Falling WedgeDec 22, 2025 @ $149.30Feb 17, 2026 @ $180.55Win+11.12R
Falling WedgeDec 16, 2025 @ $148.03Jan 2, 2026 @ $155.90Loss-1.33R
TriangleNov 18, 2025 @ $152.50Jan 5, 2026 @ $163.85Loss-2.07R
TriangleNov 12, 2025 @ $152.89Jan 5, 2026 @ $163.85Loss-2.15R
TriangleSep 24, 2025 @ $160.14Oct 1, 2025 @ $154.58Loss-1.11R
Rising WedgeAug 29, 2025 @ $159.85Oct 9, 2025 @ $151.64Loss-1.03R
TriangleAug 18, 2025 @ $154.76Aug 27, 2025 @ $159.24Loss-1.19R
TriangleMay 12, 2025 @ $142.45Jun 24, 2025 @ $143.55Win+0.14R
TriangleMar 17, 2025 @ $159.20Apr 4, 2025 @ $143.28Loss-2.19R
Rising WedgeNov 5, 2024 @ $154.54Dec 4, 2024 @ $158.32Win+0.55R

CVX Support and Resistance Levels

Price was turned away at a ceiling near $201.98 about 2 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $136.99 — still about 28% away.

  • Traders commonly watch $136.99 as a target (its 100% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $201.98 ceiling about 2 weeks ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

Nearest auto-detected support sits near $166.65, resistance near $211.09. These are chart/swing-derived levels, not formula pivots.

Resistance
$211.09$212.13$287.27
Support
$166.65$135.45

CVX Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$190.15$191.47$186.34$190.40
Aug 3, 2026$195.38$195.86$191.81$193.18
Jul 31, 2026$195.11$197.55$191.54$196.83
Jul 30, 2026$189.91$193.12$189.31$192.31
Jul 29, 2026$192.50$193.56$190.78$191.86
Jul 28, 2026$191.47$191.97$186.73$187.58
Jul 27, 2026$188.67$192.49$188.67$190.00
Jul 24, 2026$194.46$196.87$193.80$194.79
Jul 23, 2026$196.30$197.69$194.02$194.42
Jul 22, 2026$193.40$193.70$191.94$192.98

CVX Frequently Asked Questions

What chart pattern is CVX forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a triangle on Chevron (CVX) on the daily chart, with a measured-move target of $208.31.
Is a triangle bullish or bearish?
The triangle detected on CVX is a bullish pattern, projecting a measured-move target of $208.31. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (13,619 trades over 631 symbols), it resolved in the expected direction 52.4% of the time with an average of +0.36R. These are historical statistics, not a prediction.
What are the support and resistance levels for CVX?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), CVX's nearest support is around $166.65 and nearest resistance around $211.09.
What is the price target if CVX's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $208.31 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was CVX's closing price on Aug 4, 2026?
Chevron (CVX) last closed at $190.40 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.