In trading on Wednesday, shares of Chevron (NYSE:CVX) crossed below their 200 day moving average of $138.47, changing hands as low as $138.20 per share. Chevron shares are currently trading down about 2.8% on the day.
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The chart below shows the one year performance of CVX shares, versus its 200 day moving average:
Looking at the chart above, CVX’s low point in its 52 week range is $92.86 per share, with $182.40 as the 52 week high point — that compares with a last trade of $138.44. The CVX DMA information above was sourced from TechnicalAnalysisChannel.com and Top Dividends.
This article was originally published by Forbes.com. Read the original article here.