Chevron Corp’s recently made public that its Officer JEFF B GUSTAVSON acquired Company’s shares for reported $1.42 million on Feb 07 ’25. In the deal valued at $152.51 per share,9,325 shares were bought.
Then, Wirth Michael K sold 164,600 shares, generating $26,356,838 in total proceeds. Upon selling the shares at $160.13, the Chairman and CEO now owns 4,280 shares.
Before that, MICHAEL K WIRTH bought 164,600 shares. Chevron Corp shares valued at $26,125,312 were divested by the Director at a price of $158.72 per share.
Citigroup upgraded its Chevron Corp [CVX] rating to a Buy from a a Neutral in a research note published on November 26, 2024; the price target was increased to $185 from $145. A number of analysts have revised their coverage, including DZ Bank’s analysts, who increased its forecast for the stock in early November from “a Hold” to “a Buy”.
Price Performance Review of CVX
On Monday, Chevron Corp [NYSE:CVX] saw its stock jump 2.06% to $155.77. Over the last five days, the stock has gained 4.31%. Chevron Corp shares have risen nearly 7.55% since the year began. Nevertheless, the stocks have risen 2.39% over the past one year. While a 52-week high of $167.11 was reached on 01/17/25, a 52-week low of $135.37 was recorded on 01/02/25. SMA at 50 days reached $153.08, while 200 days put it at $153.25.
Levels Of Support And Resistance For CVX Stock
The 24-hour chart illustrates a support level at 154.62, which if violated will result in even more drops to 153.47. On the upside, there is a resistance level at 156.36. A further resistance level may holdings at 156.95. The Relative Strength Index (RSI) on the 14-day chart is 55.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 28.33%. Stochastics %K at 45.49% indicates the stock is a holding.
How much short interest is there in Chevron Corp?
A steep rise in short interest was recorded in Chevron Corp stocks on 2025-01-15, dropping by -2.07 million shares to a total of 61.76 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 63.83 million shares. There was a decline of -3.35%, which implies that there is a negative sentiment for the stock.
