Sentiment · CVX
Dark Pool Volume for CVX
AI-generated plain-English read of dark pool volume for CVX. Updated daily.
Extreme off-exchange surge, accelerating
highOff-exchange print share has jumped sharply and is still accelerating — either a large institutional block is being worked into the market or significant distribution is underway. Direction is unknown until the lit-tape confirms a break.
What will probably happen
- Expect a directional follow-through within 3-5 sessions — large block prints typically resolve into a clear trend once lit-market participants respond.
- If short_pct stays above 0.55 for 3 consecutive days, treat the move as a committed institutional campaign, not a one-day blip.
What to do
- If you HOLD this stock
- The sustained rise in off-exchange share suggests an active institutional campaign. Hold your position — the institutional flow is likely aligned with the prevailing trend. Tighten your stop only if the chart breaks a key support level.
- If you TRADE this stock (no options)
- Lean with the prevailing chart trend — the rising off-exchange share suggests institutional momentum. Enter on the first lit-market pullback toward support.
- If you trade OPTIONS
- The directional tail risk is elevated — consider long calls or a bull call spread in line with the chart trend. Avoid naked premium sales until the regime stabilises.
30 days of data with a consistent regime (persistent high) — the signal is stable and reliable.
Technical details
Technical analysis
- Level
- extreme
- Trend
- rising fast
- Volume day
- normal day
- Persistence
- persistent high
- Days of data
- 30
- Latest short_pct
- 56.2%
- 30d median volume
- 2,500,070
- 5-day avg short_pct
- 55.9%
- Latest total volume
- 2,071,555
- 30-day avg short_pct
- 50.4%
Key levels
| Level | Value |
|---|---|
| avg 5d short pct | 0.559 |
| latest short pct | 0.562 |
| avg 30d short pct | 0.504 |
| median 30d volume | 2,500,070 |
| latest total volume | 2,071,555 |
Caveats
- FINRA short-volume data is NOT short interest — short_pct measures off-exchange volume fraction, not directional short positioning.