Is Chevron Corp. technically bullish or bearish?

As of 3 October 2025, the technical trend for Chevron Corp. has changed from bullish to mildly bullish. The weekly MACD remains bullish, while the monthly MACD is also bullish. The daily moving averages indicate a mildly bullish stance. However, the weekly KST is bullish, and the monthly KST is bearish, creating some divergence. The Dow Theory shows a mildly bearish signal on the weekly timeframe but is mildly bullish on the monthly timeframe. The OBV is mildly bearish weekly but mildly bullish monthly, adding to the mixed signals.
In terms of performance, Chevron has underperformed the S&P 500 over the past week and month, with returns of -4.13% and -2.85% compared to 1.09% and 4.15% for the index, respectively. However, it has outperformed the S&P 500 over the longer term, with a 5-year return of 115.69% versus 100.56% for the benchmark. Overall, the current technical stance is mildly bullish, but caution is warranted due to mixed indicators.