Chevron Corporation (CVX) : During the past 4 weeks, traders have been relatively bearish on Chevron Corporation (CVX), hence the stock is down -2.4% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.9% relative to the S&P 500. The 4-week change in the price of the stock is -4.38% and the stock has fallen -3.39% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.64% and the 50-Day Moving Average is 3.98%.The 200 Day SMA reached 3.8% Chevron Corporation has dropped 2.66% during the last 3-month period . Year-to-Date the stock performance stands at 12.48%.
Chevron Corporation (CVX) has been rated by 12 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $125 and the lowest price target forecast is $85. The average forecast of all the analysts is $112 and the expected standard deviation is $10.56.
For the current week, the company shares have a recommendation consensus of Buy. Chevron Corporation (NYSE:CVX): stock was range-bound between the intraday low of $97.525 and the intraday high of $98.81 after having opened at $98.33 on Fridays session. The stock finally closed in the red at $98.33, a loss of -1.67%. The stock remained in the red for the whole trading day. The total traded volume was 12,725,620 shares. The stock failed to cross $98.81 in Fridays trading. The stocks closing price on Thursday was $99.5.
Chevron Corporation (Chevron) manages its investments in subsidiaries and affiliates. The Company operates through two segments: Upstream and Downstream. Upstream operations consist primarily of exploring for, developing and producing crude oil and natural gas; processing, liquefaction, transportation and regasification associated with liquefied natural gas (LNG); transporting crude oil through international oil export pipelines; transporting, storing and marketing natural gas, and operating a gas-to-liquids plant. The Companys Downstream operations primarily consist of refining crude oil into petroleum products; marketing crude oil and refined products; transporting crude oil and refined products by pipeline, marine vessel, motor equipment and rail car, and manufacturing and marketing commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives.