Stock Trend Analysis Report
Prepared for you on Wednesday, January 24, 2018.
CVS HEALTH CORP (NYSE:CVS)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for CVS
The long term trend has been DOWN since Oct 9th, 2017 at 74.59
The intermediate term trend has been UP since Nov 29th, 2017 at 74.00
The short term trend has been UP since Jan 2nd, 2018 at 73.90
Smart Scan Analysis for CVS
Based on a pre-defined weighted trend formula for chart analysis, CVS scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||80.98||Year High Date||2018-01-22|
|Year Low||72.87||Year Low Date||2018-01-02|
|52wk High||84||52wk High Date||2017-09-19|
|52wk Low||66.45||52wk Low Date||2017-11-06|
|Year End Close||48.35||Average Volume||7,744,645|
|Shares Outstanding||1,246,693||Short Interest||9,604,726|