Wednesday, January 4, 2012

Chevron - CVX - Barchart Chart of the Day

Barchart.coms Chart of the Day - Chevron (CVX)
Related Stocks
CVX - Chevron Corp.
Sym Last Chg Pct
CVX 110.37 +3.97 +3.73%
The "Chart of the Day" is Chevron (CVX), which showed up on Tuesday's Barchart "All Time High" and "Gap Up" lists. Chevron on Tuesday rallied to a new all-time high of $110.99 and closed up 3.73%. TrendSpotter has been Long since Dec 22 at $106.31. Chevron rallied yesterday on the sharp $4.13 per barrel rally in Feb crude oil prices to a new 1-1/2 month high of $103.18. Chevron, with a market cap of $214 billion, is the fifth-largest integrated energy company in the world.

cvx_700
How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "52-week Highs" page. That page shows all the stocks that have posted new 52-week highs, which is a popular sign of strong upside momentum.
The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy


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