In trading on Friday, shares of Chevron crossed below their 200 day moving average of $165.67, changing hands as low as $162.36 per share. Chevron shares are currently trading off about 1.8% on the day.
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The chart below shows the one year performance of CVX shares, versus its 200 day moving average:
CVX
Looking at the chart above, CVX’s low point in its 52 week range is $130.52 per share, with $189.68 as the 52 week high point — that compares with a last trade of $163.62. The CVX DMA information above was sourced from TechnicalAnalysisChannel.com
Source: https://www.forbes.com/sites/dividendchannel/2023/02/17/chevron-makes-notable-cross-below-critical-moving-average/