Chevron, week 13 of the sell signal
Chevron: the decline slows down but doesn't stop
Chevron, week 13 of the sell signal
In Summary
Chevron is in week 13 of a sell signal, and the week gave up 1.1% while the daily chart carves out a double bottom in the 168 area with an intermediate 3% rebound. The picture stays in distribution, but with sellers less dominant than in the prior weeks.
IQS Phase
74
in tension
Signal Strength
19
decline starting to make lower lows
Sizing
MINIMUM
Ranking
#52 / 137
US stocks
Trade P&L %
+10.26%
from signal to today
restricted Platinum content