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Stock Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

CVS Health Corporation (NYSE:CVS)

Countertrend Down (-85) - CVS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

Open High Low CVS Price Change
75.73 76.30 74.39 74.40 -1.16
Entry Signal

MarketClub’s Trade Triangles for CVS

long term down The long-term trend has been DOWN since Jan 24th, 2023 at 86.28

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2023 at 84.60

short term up The short-term trend has been UP since Mar 22nd, 2023 at 75.95

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).

Smart Scan Analysis for CVS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
75.73 76.30 74.39 74.40 -1.16
Prev. Close Volume Bid Ask Time
74.41 5730253 2023-03-22 15:59:59
Year High83.88Year High Date2018-01-29
Year Low60.14Year Low Date2018-03-27
52wk High108.86552wk High Date2022-03-25
52wk Low73.9152wk Low Date2023-03-17
Year End Close48.35Average Volume8,722,798
Shares Outstanding1,284,112Short Interest9,604,726
% Institutional84.8Market Cap83,218M
P/E Ratio24.0637Beta1.01
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