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Next Resistance Level for Chevron Corp (CVX) is $95.95

By Amy Schwartz

Shares of Chevron Corp (NYSE:CVX) opened today above their pivot of $94.92 and have already reached the first level of resistance at $95.78. Analysts will be watching for a cross of the next upside pivot targets of $95.95 and $96.98.

There is potential upside of 0.0% for shares of Chevron Corp based on a current price of $0.00 and an average consensus analyst price target of $140.81. The stock should find initial resistance at its 50-day moving average (MA) of $81.59 and further resistance at its 200-day MA of $108.11.

Over the past year, Chevron Corphas traded in a range of $0.00 to $127.00 and are now at $0.00. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.1% while the 200-day MA has slid 0.8%.

SmarTrend is tracking the current trend status for Chevron Corp and will alert subscribers who have CVX in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts chevron corp

Ticker(s): CVX