You are being directed to ZacksTrade, a division of Zacks & Company and licensed broker-dealer. ZacksTrade and Zacks.com are separate but affiliated companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.

OK Cancel

Recent Quotes

No Recent Quote currently available

My Portfolio

My Portfolio Tracker

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today.

Zacks #1 Stocks on the Move 08/22/2014

Company Name Symbol %Change
INUVO INC INUV
3.51%
TOP IMAGE SY TISA
2.78%
GRUPO SIMEC SIM
2.63%
CENTRAL VALL CVCY
2.57%
CHINA BIOLOG CBPO
2.33%
Chevron (CVX) Crosses Pivot Point Support at $105.91

Print Share

Dec 31, 2012 (Pivot alerts via COMTEX) -- Shares of Chevron (NYSE:CVX) have bearishly opened below the pivot of $106.84 today and have reached the first support level of $105.91. Investors may be interested in a cross of the next downside pivot targets of $105.36 and $103.88.

Chevron share prices have moved between a 52-week high of $118.53 and a 52-week low of $95.73 and are now trading 11% above that low price at $105.98 per share. The 200-day and 50-day moving averages have moved 0.04% lower and 0.34% lower over the past week, respectively.

Chevron Corporation is an integrated energy company with operations in countries located around the world. The Company produces and transports crude oil and natural gas. Chevron also refines, markets, and distributes fuels as well as is involved in chemical operations, mining operations, power generation and energy services.

Chevron has overhead space with shares priced $105.98, or 15.2% below the average consensus analyst price target of $125.05. The stock should run into initial resistance at its 200-day moving average (MA) of $107.57 and subsequent resistance at its 50-day MA of $107.75.

---------------------------------------------------------------------------------------------

Financial News Network Online (FNNO) is a leading provider of digital financial news content for distribution on the web. You can count on FNNO to bring you the latest market news, earnings reports, analyst comments, economic data reports and more. Visit http://www.fnno.com today.

Copyright, Comtex News Network, Inc. 2012

Free Stock Analysis From Zacks

Includes Zacks Long-Term Recommendation and Target Price

Zacks Research is Reported On:

Zacks Investment Research

is an A+ Rated BBB

Accredited Business.