Chevron Corporation (CVX) : The money flow analysis of Chevron Corporation (CVX) indicates a $21.39 million of outflow was on downticks, whereas, the investors on Wednesday gobbled up stocks worth $24.35 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.14 and so was the total money flow at $2.96 million. The bulls lapped up $6.94 million worth of block trades on upticks. The money flow was $6.94 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Chevron Corporation (CVX), pushing it down by -0.13% for the day. The stock slid $0.13 and traded at $98.85 during the day. Nonetheless, the stock is -0.37% over the previous weeks close.
Shares of Chevron Corporation rose by 2.53% in the last five trading days and 0.1% for the last 4 weeks. Chevron Corporation has dropped 0.19% during the last 3-month period . Year-to-Date the stock performance stands at 17.43%.
Chevron Corporation (CVX) : 10 brokerage houses believe that Chevron Corporation (CVX) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Chevron Corporation (CVX). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 17 Wall Street Analysts endorse the stock as a Buy with a rating of 1.76.
Chevron Corporation (NYSE:CVX): The stock opened at $99.52 and touched an intraday high of $102.28 on Wednesday. During the day, the stock corrected to an intraday low of $98.75, however, the bulls stepped in and pushed the price higher to close in the green at $102.15 with a gain of 3.20% for the day. The total traded volume for the day was 10,189,824. The stock had closed at $98.98 in the previous trading session.
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.