Support @ 36.50-37 range
Resistance @ 39.50
RSI shows sell signal while price breaks 1.5 SD… good sign
MACD is inconclusive
Stock shows minor sideways movement but could be poise for a strong position if price drops within next week
Support @ 45.40 area
Resistance @ 48.8 area
Stock is trading in strength around 50-45 on RSI
MACD signals flipped as stock left 1.5 top Standard deviation signaling minor selloff
CISCO is entering overbought territory on the RSI and hitting its key resistance. Could see a dump then a chance to buy or a dump/sideways movement
MACD indicators are close but have not changed direction or touched yet
SD of 1.5 has been broken on todays chart but price action shows uptrend
Shows a strong buy signal ( RSI< 20) when SD of 1.5 is broken.
MACD is showing a strong change in direction
If CVX can stay above 86 range, it could continue rally