Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Chevron Corp. shares valued at $600,878 were sold by GUSTAVSON JEFF B on May 21 ’24. At $160.23 per share, GUSTAVSON JEFF B sold 3,750 shares. The insider’s holdings dropped to 477 shares worth approximately $72122.4 following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, HERNANDEZ ENRIQUE JR sold 2,549 shares, netting a total of over 421,207 in proceeds. Following the sale of shares at $165.24 each, the insider now holds 0 shares.
Before that, HERNANDEZ ENRIQUE JR had sold 5,098 shares from its account. In a trade valued at $833,523, the Director traded Chevron Corp. shares for $163.50 each. Upon closing the transaction, the insider’s holdings decreased to 5,098 shares, worth approximately $0.39 million.
As of July 17, 2024, Bernstein has decreased its “an Outperform” rating to a “Mkt perform” for CVX. Earlier on April 29, 2024, TD Cowen resumed its rating. Their recommendation was “a Hold” for CVX stock.
Analyzing CVX Stock Performance
During the last five days, there has been a surge of approximately 0.39%. Over the course of the year, Chevron Corp. shares have jumped approximately 1.37%. Shares of the company reached a 52-week high of $167.11 on 04/29/24 and a 52-week low of $135.37 on 09/11/24. A 50-day SMA is recorded $145.89, while a 200-day SMA reached $152.91. Nevertheless, trading volume fell to 6.54 million shares from 4.3 million shares the previous day.
Support And Resistance Levels for Chevron Corp. (CVX)
According to the 24-hour chart, there is a support level at 149.67, which, if violated, would cause prices to drop to 148.14. In the upper region, resistance lies at 152.03. The next price resistance is at 152.86. RSI (Relative Strength Index) is 57.70 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.85, which suggests the price will decrease in the coming days. Percent R is at 18.30%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
