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Chevron resumes decline after double-bottom rebound

At week 10 of the sell signal, Chevron closed down 7.3% with SellVol at 85% — the mid-trade sideways phase is over and the decline has regained momentum. The trade is up 7.91% from inception, with technical indicators pointing to renewed pressure.

Chevron resumes decline after double-bottom rebound
Chevron · sell signal at week 10
Chevron resumes decline after double-bottom rebound
June 19, 2026
Chevron · sell signal at week 10
In Summary
Chevron is at week 10 of a sell signal and last week reignited the decline with conviction: -7.3%, SellVol at 85%. The 16% rebound built on the double bottom in the 176 area has been consumed, and the last 4 weeks of data describe a return to bearish pressure. The trade is up 7.91% from inception.
Ongoing decline ·10th week from start ·US stocks ·T2 ★ See Gold version →
IQS Phase
80
in tension / maturity
Signal Strength
35
shallow weekly drop
Sizing
REDUCED
Ranking
#24 / 119
US stocks
Trade P&L %
+7.91%
from signal to today
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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