Extremely important negative changes in investment behavior have recently occurred for Chevron Corp (NYSE: CVX): the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, the stock fell on very heavy volume, and its longer term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Chevron has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Chevron has a neutral Power Rating of 56 and a neutral Appreciation Score of 58, producing the High Neutral Value Trend Rating.
Recent Price Action
Chevron Corp (NYSE: CVX) stock declined by -2.2% on 4/7/25. The shares closed at $140.15. Moreover, trading volume in this decline was exceptionally high at 205% of normal. The stock has declined -15.6% during the last week but has been strong relative to the market over the last nine months.
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