Valero Energy Corp’s filing revealed that its Director Greene Kimberly S, unloaded Company’s shares for reported $0.11 million on May 09 ’24. In the deal valued at $158.12 per share,720 shares were sold. As a result of this transaction, Greene Kimberly S, now holds 13,314 shares worth roughly $1.88 million.
TD Cowen reiterated its Valero Energy Corp [VLO] rating to a Buy in a research note published on October 25, 2024; the price target was $140. Wells Fargo also remained covering VLO and has increased its forecast on October 09, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Piper Sandler revised its rating on September 20, 2024. It rated VLO as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of VLO
On Friday, Valero Energy Corp [NYSE:VLO] saw its stock jump 1.21% to $141.05. Over the last five days, the stock has gained 10.93%. Valero Energy Corp shares have risen nearly 15.06% since the year began. Nevertheless, the stocks have risen 11.67% over the past one year. While a 52-week high of $184.79 was reached on 01/17/25, a 52-week low of $116.84 was recorded on 01/06/25. SMA at 50 days reached $132.00, while 200 days put it at $145.51.
Levels Of Support And Resistance For VLO Stock
The 24-hour chart illustrates a support level at 139.02, which if violated will result in even more drops to 137.00. On the upside, there is a resistance level at 142.33. A further resistance level may holdings at 143.61. The Relative Strength Index (RSI) on the 14-day chart is 73.83, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 11.35, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.27%. Stochastics %K at 96.98% indicates the stock is a selling.
How much short interest is there in Valero Energy Corp?
A steep rise in short interest was recorded in Valero Energy Corp stocks on 2024-12-31, growing by 1.03 million shares to a total of 15.23 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 14.2 million shares. There was a rise of 6.74%, which implies that there is a positive sentiment for the stock.
