Large Inflow of Money Witnessed in Chevron Corporation

Chevron Corporation (NYSE:CVX) witnessed a selling pressure and the shares last traded with a loss of -0.22 points or -0.21% at $102.39. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $5.11 million with an inflow of $26.15 million in upticks and an outflow of $21.04 million in downticks. Using the data, the up/down ratio is found to be 1.24. The share price has recorded 0.81% on a weekly basis.A block trade of $8.89 million in uptick and $3.26 million in downtick was also observed, resulting in an up/down ratio of 2.73. The net money flow of the block trade stood at a $5.63, signaling heavy buying.


The stock has recorded a 20-day Moving Average of 1.72% and the 50-Day Moving Average is 2.8%. The company shares have rallied 2.52% in the past 52 Weeks. On April 28, 2016 The shares registered one year high of $104.26 and one year low was seen on August 24, 2015 at $69.58. The 50-day moving average is $101.33 and the 200 day moving average is recorded at $93.09. S&P 500 has rallied 1.93% during the last 52-weeks.

Chevron Corporation (NYSE:CVX): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $102.69 and $102.27 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $103.45. The buying momentum continued till the end and the stock did not give up its gains. It closed at $103.24, notching a gain of 0.61% for the day. The total traded volume was 4,938,680 . The stock had closed at $102.61 on the previous day.

Currently the company Insiders own 0.4% of Chevron Corporation shares according to the proxy statements. Institutional Investors own 64.1% of Chevron Corporation shares. On the companys insider trading activities,The director of Chevron Corp, Deily Linnet F sold 869 shares at $103.27 on May 2, 2016. The Insider selling transaction had a total value worth of $89,742. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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.

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