Chevron's most recent trend suggests a bullish bias. One trading opportunity on Chevron is a Bull Put Spread using a strike $135.00 short put and a strike $130.00 long put offers a potential 40.85% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $135.00 by expiration. The full premium credit of $1.45 would be kept by the premium seller. The risk of $3.55 would be incurred if the stock dropped below the $130.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Chevron is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Chevron is bullish.
The RSI indicator is at 63.6 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Chevron
Could This Be The Last Great American Oil Boom?
Wed, 09 Feb 2022 01:00:00 +0000
Supermajors are looking to ramp up oil production in shale basins by as much as 25%, and it could spark what may just become the last great American oil boom
Advisory: 2022 Chevron Investor Day
Tue, 08 Feb 2022 22:00:00 +0000
SAN RAMON, Calif., February 08, 2022–Chevron Corporation (NYSE: CVX), one of the world’s leading energy companies, will hold its annual investor day on Tuesday, March 1, 2022, at 10:00 a.m. ET (7:00 a.m. PT).
Optimism Over Iran Nuclear Deal Drags Oil Prices Down
Tue, 08 Feb 2022 20:00:00 +0000
Oil prices are under pressure due to the rumors circulating that a new nuclear deal with Iran is within reach, a deal that would drive new oil supply.
BlackRock’s Larry Fink Meets Big Oil and Its Foes to Navigate Climate Fight
Tue, 08 Feb 2022 19:45:06 +0000
(Bloomberg) — Facing an uprising from fossil-fuel interests on the right and advocates fighting carbon emissions on the left, Larry Fink is making a personal effort to manage climate-change politics.Most Read from BloombergAmazon Is Raising Base Salary Cap to $350,000 From $160,000We’re Fine Without Facebook, German and French Ministers SayByron Allen Says He’s Preparing Bid for NFL’s Denver BroncosOttawa Declares Emergency as Protests Spin ‘Out of Control’DOJ Seizes $3.6 Billion in Bitcoin Sto
Fiduciary Planning LLC Buys Chevron Corp, Sells iShares Core S&P 500 ETF, Apple Inc, …
Tue, 08 Feb 2022 19:38:27 +0000
Investment company Fiduciary Planning LLC (Current Portfolio) buys Chevron Corp, sells iShares Core S&P 500 ETF, Apple Inc, Microsoft Corp, Amazon.com Inc, Verizon Communications Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Fiduciary Planning LLC.
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