In a filing, Chevron Corp revealed its Vice President GUSTAVSON JEFF B unloaded Company’s shares for reported $1.42 million on Feb 07 ’25. In the deal valued at $152.50 per share,9,325 shares were sold. As a result of this transaction, GUSTAVSON JEFF B now holds 1,057 shares worth roughly $0.17 million.
Then, JEFF B GUSTAVSON bought 9,325 shares, generating $1,422,109 in total proceeds.
Before that, Wirth Michael K sold 164,600 shares. Chevron Corp shares valued at $26,356,838 were divested by the Chairman and CEO at a price of $160.13 per share. As a result of the transaction, Wirth Michael K now holds 4,280 shares, worth roughly $0.68 million.
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 Friday, Chevron Corp [NYSE:CVX] saw its stock jump 0.62% to $157.89. Over the last five days, the stock has gained 1.64%. Chevron Corp shares have risen nearly 9.01% since the year began. Nevertheless, the stocks have risen 1.58% 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 $152.47, while 200 days put it at $152.98.
Levels Of Support And Resistance For CVX Stock
The 24-hour chart illustrates a support level at 156.98, which if violated will result in even more drops to 156.08. On the upside, there is a resistance level at 158.56. A further resistance level may holdings at 159.24. The Relative Strength Index (RSI) on the 14-day chart is 57.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.36, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.36%. Stochastics %K at 90.00% indicates the stock is a selling.
