Stock Trend Analysis Report
Prepared for you on Monday, May 29, 2017.
CVS HEALTH CORP (NYSE:CVS)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 UP since May 2nd, 2017 at 82.895
The intermediate term trend has been DOWN since May 17th, 2017 at 78.940
The short term trend has been DOWN since May 25th, 2017 at 76.190
Smart Scan Analysis for CVS
Based on a pre-defined weighted trend formula for chart analysis, CVS scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||84.72||Year High Date||2017-01-18|
|Year Low||74.05||Year Low Date||2017-02-02|
|52wk High||98.67||52wk High Date||2016-06-09|
|52wk Low||69.3||52wk Low Date||2016-11-08|
|Year End Close||48.35||Average Volume||6,843,148|
|Shares Outstanding||1,246,693||Short Interest||9,604,726|