Chevron Corp’s recently made public that 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 $0.15 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 $0.59 million.
Exane BNP Paribas downgraded its Chevron Corp [CVX] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Scotiabank’s analysts, who decreased its forecast for the stock in mid April from “a Sector outperform” to “a Sector perform”. Citigroup also remained covering CVX and has increased its forecast on November 26, 2024 with a “Buy” recommendation from previously “Neutral” rating. DZ Bank revised its rating on November 05, 2024. It rated CVX as “a Buy” which previously was an “a Hold”.
Price Performance Review of CVX
On Thursday, Chevron Corp [NYSE:CVX] saw its stock jump 1.85% to $137.87. Over the last five days, the stock has gained 2.14%. Chevron Corp shares have fallen nearly -4.81% since the year began. Nevertheless, the stocks have fallen -11.78% over the past one year. While a 52-week high of $168.96 was reached on 03/26/25, a 52-week low of $132.04 was recorded on 04/11/25. SMA at 50 days reached $154.42, while 200 days put it at $152.15.
Levels Of Support And Resistance For CVX Stock
The 24-hour chart illustrates a support level at 136.13, which if violated will result in even more drops to 134.40. On the upside, there is a resistance level at 139.92. A further resistance level may holdings at 141.98. The Relative Strength Index (RSI) on the 14-day chart is 36.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.68, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.19%. Stochastics %K at 10.53% indicates the stock is a buying.
How much short interest is there in Chevron Corp?
A steep rise in short interest was recorded in Chevron Corp stocks on 2025-03-31, growing by 0.48 million shares to a total of 63.33 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 62.85 million shares. There was a rise of 0.76%, which implies that there is a positive sentiment for the stock.
