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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
CVS Health Corporation (NYSE:CVS)
Strong Downtrend (-100) - CVS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CVS continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CVS?
MarketClub looks at technical strength and momentum to determine if the timing is right for CVS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CVS
The long-term trend has been DOWN since Apr 11th, 2024 at 70.191
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 74.275
The short-term trend has been DOWN since May 8th, 2024 at 54.960
Smart Scan Analysis for CVS
Based on our trend formula, CVS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 55.790 | 56.060 | 54.685 | 54.900 | -0.840 |
| Prev. Close | Volume | Bid | Ask | Time |
| 54.910 | 11755346 | 2024-05-08 15:59:43 |
| Year High | 83.88 | Year High Date | 2018-01-29 |
| Year Low | 60.14 | Year Low Date | 2018-03-27 |
| 52wk High | 83.25 | 52wk High Date | 2024-01-08 |
| 52wk Low | 53.7 | 52wk Low Date | 2024-05-02 |
| Year End Close | 48.35 | Average Volume | 14,457,456 |
| Shares Outstanding | 1,258,450 | Short Interest | 9,604,726 |
| % Institutional | 84.8 | Market Cap | 83,218M |
| Assets | 249,743,000M | Liabilities | 175,775,000M |
| P/E Ratio | 9.779 | Beta | 1.01 |
| Volatility | 30.63 |