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Stock Trend Analysis Report

Prepared for you on Wednesday, July 17, 2024.

CVS Health Corporation (NYSE:CVS)

Sidelines Mode (-55) - CVS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
59.87 62.01 59.76 61.11 +1.05
Entry Signal

MarketClub’s Trade Triangles for CVS

long term down The long-term trend has been DOWN since Apr 11th, 2024 at 70.1910

intermediate term down The intermediate-term trend has been DOWN since Jun 27th, 2024 at 59.0025

short term up The short-term trend has been UP since Jul 10th, 2024 at 57.7250

Smart Scan Analysis for CVS

Based on our trend formula, CVS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CVS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.87 62.01 59.76 61.11 +1.05
Prev. Close Volume Bid Ask Time
60.06 3876648 2024-07-17 11:30:21
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 Volume9,247,134
Shares Outstanding1,258,450Short Interest9,604,726
% Institutional84.8Market Cap83,218M
Assets249,743,000MLiabilities175,775,000M
P/E Ratio10.5368Beta1.01
Volatility30.63
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