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Stock Trend Analysis Report

Prepared for you on Thursday, October 17, 2024.

CVS Health Corporation (NYSE:CVS)

Countertrend Up (+85) - CVS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

NYSE_CVS
Open High Low CVS Price Change
63.43 63.92 62.50 63.67 -1.35
Entry Signal

MarketClub’s Trade Triangles for CVS

long term up The long-term trend has been UP since Oct 2nd, 2024 at 63.92

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2024 at 59.86

short term down The short-term trend has been DOWN since Oct 15th, 2024 at 66.28

Smart Scan Analysis for CVS

Based on our trend formula, CVS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for CVS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.43 63.92 62.50 63.67 -1.35
Prev. Close Volume Bid Ask Time
65.02 7263213 2024-10-17 15:59:56
Year High83.88Year High Date2018-01-29
Year Low60.14Year Low Date2018-03-27
52wk High83.2552wk High Date2024-01-08
52wk Low52.770552wk Low Date2024-05-29
Year End Close48.35Average Volume12,166,851
Shares Outstanding1,257,979Short Interest9,604,726
% Institutional84.8Market Cap83,218M
Assets252,481,000MLiabilities177,551,000M
P/E Ratio11.5488Beta1.01
Volatility30.63
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