After a sharp rally, Chevron stock price eased to $150.78 as profit-taking hit large-cap energy names. Chart analysis points to an RSI of 63, indicating the stock is inching toward overbought territory. Institutional buying volume remains intact, a positive signal for near-term performance. In case you don't know, the S&P 500 is an index of 500 of America's biggest companies, from Apple to Zoetis (a leading animal health company). Together, these 500 companies account for about 80% of the total value of the U.S. stock market. The S&P 500 has a solid, long-term performance record, too, averaging annual returns of close to 10% over long periods, and it even offers a small, but growing dividend. Now, it’s worth noting Stock Advisor’s total average return is 1,063 % — a market-crushing outperformance compared to 191% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor . The latest Chevron stock price closed at $151.90, reflecting a steady recovery from last week’s dip. Technical indicators show the 50-day moving average trending upward, suggesting bullish momentum. Market strategists note that continued demand for LNG exports could drive valuations higher in Q3.