The analysis of Chevron Corporation (CVX) indicates a prevailing negative sentiment, classifying the stock as a 'Sell Candidate' with a score of -1.166 as of January 6th, 2026. This downgrade from a prior 'Hold' position is attributed to several negative signals in the technical picture, suggesting weak performance over the coming days or weeks. From a trend perspective, the stock is currently moving within a broad and horizontal channel. The 3-month trend projects a potential decrease of approximately 1.67%, with a possible return ranging from -8.20% to +2.91%. A longer-term 12-month analysis indicates a projected change of 1.24%, with a wider potential return spread of -12.55% to +10.02%. Based on these calculations, the future price over the next year could range between $136.90 and $172.22. On the last trading day, January 6th, 2026, CVX closed at $156.54, marking a decline of 4.47%. The stock experienced a fluctuation of 5.73% between its daily high of $165.05 and low of $156.11. Trading volume decreased by 12 million shares, totaling 20 million shares traded, valued at approximately $3.17 billion. The stock is currently 7.35% below its 52-week high of $168.96 and 17.47% below its all-time high of $189.68 reached on November 14th, 2022. Key technical indicators show buy signals from both short and long-term Moving Averages, with a general buy signal when the short-term average is above the long-term average. Support levels are identified at $154.57 and $151.36; a breach below these would trigger sell signals. A 3-month Moving Average Convergence Divergence (MACD) indicates a buy signal, but a sell signal was issued from a pivot top point on January 5th, 2026, coinciding with the recent 4.47% fall. Further decline is anticipated until a new bottom pivot is established. Weekly volatility stands at 2.84%, with resistance at $156.56 and support at $150.00. The risk associated with the stock is deemed low due to consistent trading volume and minor daily fluctuations. The Price-to-Earnings (P/E) ratio is 22.07. Insider trading activity shows a negative insider power of -20.339, with sells outweighing buys in the last 100 transactions.