Chevron Corp.’s filing revealed that its VP and Controller Knowles Alana K unloaded Company’s shares for reported $0.46 million on Apr 25 ’24. In the deal valued at $165.00 per share,2,800 shares were sold. As a result of this transaction, Knowles Alana K now holds 276 shares worth roughly $45907.08.
Then, Knowles Alana K sold 2,800 shares, generating $448,252 in total proceeds. Upon selling the shares at $160.09, the VP and Controller now owns 276 shares.
Before that, Breber Pierre R sold 25,000 shares. Chevron Corp. shares valued at $4,100,000 were divested by the VP & Chief Financial Officer at a price of $164.00 per share. As a result of the transaction, Breber Pierre R now holds 6,021 shares, worth roughly $1.0 million.
TD Cowen reiterated its Chevron Corp. [CVX] rating to a Hold in a research note published on April 29, 2024; the price target was $160. A number of analysts have revised their coverage, including Scotiabank’s analysts, who increased its forecast for the stock in mid April from “a Sector perform” to “a Sector outperform”. Barclays began covering CVX with “an Overweight” recommendation on April 10, 2024. DZ Bank revised its rating on February 06, 2024. It rated CVX as “a Hold” which previously was an “a Buy”.
Price Performance Review of CVX
On Monday, Chevron Corp. [NYSE:CVX] saw its stock jump 0.27% to $166.33. Over the last five days, the stock has gained 2.72%. Chevron Corp. shares have risen nearly 11.51% since the year began. Nevertheless, the stocks have fallen -0.37% over the past one year. While a 52-week high of $171.70 was reached on 04/29/24, a 52-week low of $139.62 was recorded on 01/18/24. SMA at 50 days reached $156.74, while 200 days put it at $155.20. A total of 6.37 million shares were traded, compared to the trading of 9.74 million shares in the previous session.
Levels Of Support And Resistance For CVX Stock
The 24-hour chart illustrates a support level at 164.98, which if violated will result in even more drops to 163.62. On the upside, there is a resistance level at 167.40. A further resistance level may holdings at 168.46. The Relative Strength Index (RSI) on the 14-day chart is 72.02, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.60, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.67%. Stochastics %K at 93.59% indicates the stock is a selling.
