Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

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.

NYSE_CVS
Open High Low CVS Price Change
57.650 57.870 57.270 57.395 -0.285
Entry Signal

MarketClub’s Trade Triangles for CVS

long term down The long-term trend has been DOWN since Apr 11th, 2024 at 70.191

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 74.275

short term up The short-term trend has been UP since May 13th, 2024 at 56.440

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
57.650 57.870 57.270 57.395 -0.285
Prev. Close Volume Bid Ask Time
57.400 9979588 2024-05-20 15:59:38
Year High83.88Year High Date2018-01-29
Year Low60.14Year Low Date2018-03-27
52wk High83.2552wk High Date2024-01-08
52wk Low53.752wk Low Date2024-05-02
Year End Close48.35Average Volume16,010,366
Shares Outstanding1,258,450Short Interest9,604,726
% Institutional84.8Market Cap83,218M
Assets249,743,000MLiabilities175,775,000M
P/E Ratio10.1193Beta1.01
Volatility30.63
Get a free daily analysis and signals for CVS Health Corporation (CVS) - Request Your Free Report.