Positive divergence
CVX shows a significant trend with positive divergence, indicating potential upward movement. The price is moving above a strong, frequently tested trendline, suggesting robust support and weakening bearish momentum.
6/21/20241 min read
CVX is showing a significant trend alongside positive divergence. The price is currently moving above a strong trendline, which has been tested multiple times, indicating a robust support level. The positive divergence in the RSI suggests that the bearish momentum is weakening, and there is potential for upward movement.