Stocks
Chevron Surges on Record Earnings, Bullish Momentum
Chevron Corporation's stock surged after posting $12 billion in Q2 2026 adjusted earnings, a 287% jump from $3.1 billion a year earlier.
The company's strong performance has driven bullish momentum for the stock, with price sitting above all three major moving averages in a textbook stacked alignment.
The daily chart confirms a structurally bullish configuration for Chevron Corporation stock, with the MACD reinforcing the bullish case and the line sitting at 4.04 above a signal of 3.00, producing a positive histogram of 1.03.