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Chevron Corp. Inc. (CVX) Price Performance: A Technical Analysis Perspective

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Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 7.43%. However, over the past six months, we’ve seen a weaker performance of 11.30%. The price of CVX leaped by -0.27% over the last 30 days. And in the last five days, it has fallen by -3.40%.

In terms of market performance, Chevron Corp. had a fairly even. The highest value for the stock in the past year was $171.70 on 09/28/23, and the lowest value was recorded at $139.62 on 01/18/24.

52-week price history of CVX Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Chevron Corp.’s current trading price is -6.67% away from its 52-week high, while its distance from the 52-week low is 14.78%. The stock’s price range during this period has varied between$139.62 and $171.70. The Chevron Corp.’s shares, which operate in the Energy, saw a trading volume of around 11.5 million for the day, a figure considerably higher than their average daily volume of 8.07 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Chevron Corp. (CVX) has experienced a quarterly rise of 5.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 295.34B and boasts a workforce of 45600 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 153.16, with a change in price of +15.94. Similarly, Chevron Corp. recorded 8,754,901 in trading volume during the last 100 days, posting a change of +11.05%.

CVX’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CVX stands at 0.14. Similarly, the long-term debt-to-equity ratio is also 0.13.

CVX Stock Stochastic Average

Chevron Corp.’s raw stochastic average for the past 50 days is presently 64.71%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 41.32%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 40.92% and 48.18%, respectively.

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