Is Chevron Corporation Stock (CVX) Overbought or Oversold?

RSI analysis computed from CVX's daily closing prices · Data through July 17, 2026

Neutral Updated after each market close

As of July 17, 2026, CVX’s 14-day RSI is 53.5, inside the neutral 30–70 band — neither overbought nor oversold by the conventional thresholds.

RSI-14 Scale

0 · Oversold305070100 · Overbought

CVX reads 53.5 on the 0–100 scale.

The Supporting Picture

vs 50-Day MA

-0.2%

MA: $187.79

vs 200-Day MA

+14.3%

MA: $164.00

From 52-Wk High

-11.4%

High: $211.55

Volume vs 20-Day Avg

-16%

Avg: 6.9M shares

The 50-day average is currently above the 200-day average, which technicians read as a longer-term uptrend backdrop for the RSI reading above.

What's Behind the Reading

July 17, 2026

Chevron Corporation's RSI-14 is at 53.47, indicating a neutral momentum. The stock is trading very close to its 50-day moving average, only 0.2% below it, and is 11.43% off its 52-week high. This neutral reading suggests a balanced market sentiment, with neither strong buying nor selling pressure dominating. The oil and gas sector has experienced volatility due to geopolitical events, such as the war in Iran, which has impacted global oil shipping routes and driven up jet fuel prices. While specific recent news for Chevron in July 2026 was not immediately available, the broader energy market dynamics, including crude oil prices and production outlooks, likely play a significant role in its current price action and neutral RSI.

Recent Overbought / Oversold Episodes

How CVX behaved the last few times RSI left the neutral band — including its return over the 5 trading days after each episode ended.

Episode Period Next 5 Days
oversold June 29, 2026 – July 1, 2026 +5.0%
overbought March 12, 2026 – March 31, 2026 -20.5%
overbought March 2, 2026 -0.1%
overbought February 13, 2026 +0.7%

Past behavior does not predict future results — small sample sizes especially.

Frequently Asked Questions

Is Chevron Corporation (CVX) overbought right now?
Based on the latest close, CVX's 14-day RSI is 53.5, which is in neutral territory — neither overbought nor oversold. RSI above 70 is considered overbought; below 30, oversold. This is recalculated every trading day.
What is RSI (Relative Strength Index)?
RSI measures the speed and size of recent price changes on a 0–100 scale over 14 trading days, using Wilder's smoothing. Readings above 70 suggest a stock has risen quickly relative to its recent range; below 30, fallen quickly.
Is an overbought stock a sell signal?
Not by itself. Strong stocks can stay overbought for weeks during uptrends, and oversold stocks can keep falling. Most traders combine RSI with trend context — like the 50- and 200-day moving averages shown above — plus volume and fundamentals rather than acting on RSI alone.
How often is this page updated?
Indicators are recomputed after every market close from daily closing prices, and the AI commentary refreshes each trading evening. The data date shown above is July 17, 2026.
Where does this data come from?
Daily closing prices come from our market data feed, and every indicator on this page is computed directly by us from that price history. The overbought/oversold verdict is a mechanical calculation, not an opinion.

Methodology

The verdict on this page is mechanical: we compute the 14-day Relative Strength Index with Wilder’s smoothing from CVX’s daily closing prices, and apply the conventional thresholds — above 70 is overbought, below 30 is oversold. Moving averages, the 52-week range, and volume comparisons come from the same price history.

Indicators are recomputed after every market close. The AI commentary adds context from current news via grounded search, but never changes the computed verdict. Note: closes are as-traded; a stock split would distort readings for a few weeks until the window rolls past it.

Not Financial Advice

This page is for education and information only. Indicators are mechanical calculations, AI commentary can contain errors, and nothing here is a recommendation to buy or sell any security. Do your own research and consider consulting a qualified financial advisor. See our full disclaimer.

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