Chart pattern
CVX chart pattern — Chevron
2 formations detected on the latest close (Nov 06, 2026).
Head and Shoulders · Daily candles
BearishForming
Last close$212.61
Trigger$212.98 (+0.2%)
Pattern spanSep 15, 2026 → 38 bars
Touches5
Fit score87/100
Three peaks with the middle one highest — the best known topping pattern there is. Trigger: A close below the neckline. A right shoulder alone is not a signal. Invalidation: A close above the right shoulder before the neckline breaks, and above the head at any point.
Rising Wedge · Weekly candles
BearishForming
Last close$212.61
Trigger$210.27 (-1.1%)
Upper boundary$238.12
Lower boundary$210.27
Pattern spanMay 22, 2026 → 24 bars
Touches4
Fit score73/100
Price grinding higher inside two rising lines that are closing together — an advance running out of air. Trigger: A close below the rising lower boundary. Invalidation: A decisive close above the upper boundary, which turns the wedge into an ordinary acceleration.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.