Stock Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
CVS Health Corp (NYSE:CVS)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management 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 DOWN since Dec 18th, 2018 at 69.17
The intermediate term trend has been DOWN since Feb 21st, 2019 at 62.88
The short term trend has been UP since Mar 12th, 2019 at 54.34
Smart Scan Analysis for CVS
Based on a pre-defined weighted trend formula for chart analysis, CVS scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||83.88||Year High Date||2018-01-29|
|Year Low||60.14||Year Low Date||2018-03-27|
|52wk High||82.1488||52wk High Date||2018-11-14|
|52wk Low||60.14||52wk Low Date||2018-03-27|
|Year End Close||48.35||Average Volume||8,914,313|
|Shares Outstanding||1,018,799||Short Interest||9,604,726|
|% Institutional||84.8||Market Cap||89,916M|