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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
CVS Health Corporation (NYSE:CVS)
Long-Term Downtrend (-90) - CVS is in a strong downtrend that is likely to continue. While CVS is showing intraday strength, it remains in the confines of a bearish trend. 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 70.1910
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 74.2750
The short-term trend has been DOWN since Apr 17th, 2024 at 68.3175
Smart Scan Analysis for CVS
Based on our trend formula, CVS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 69.170 | 69.600 | 68.860 | 69.405 | +0.805 |
| Prev. Close | Volume | Bid | Ask | Time |
| 69.390 | 7982765 | 2024-04-18 15:59:39 |
| 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 | 64.41 | 52wk Low Date | 2023-11-01 |
| Year End Close | 48.35 | Average Volume | 9,033,555 |
| Shares Outstanding | 1,258,450 | Short Interest | 9,604,726 |
| % Institutional | 84.8 | Market Cap | 83,218M |
| Assets | 249,728,000M | Liabilities | 173,267,000M |
| P/E Ratio | 10.6028 | Beta | 1.01 |
| Volatility | 30.63 |