Is Chevron Corp. technically bullish or bearish?

Jun 25 2025 08:10 AM IST
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As of June 9, 2025, Chevron Corp. is in a mildly bearish trend, influenced by bearish daily moving averages and KST, despite some bullish signals from the weekly MACD and RSI, indicating underlying strength.
As of 9 June 2025, the technical trend for Chevron Corp. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook and the weekly KST also being bearish. However, the weekly MACD shows a mildly bullish signal and the RSI is bullish on both weekly and monthly time frames, suggesting some underlying strength. The Bollinger Bands are sideways on the weekly chart, indicating a lack of strong momentum. Overall, while there are some bullish indicators, the prevailing sentiment remains mildly bearish due to the weight of the moving averages and KST.
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