CVS HEALTH CORP (CVS) Technical Analysis
NYSE:CVS • US1266501006
Current stock price
75.84 USD
-0.29 (-0.38%)
At close:
75.8309 USD
-0.01 (-0.01%)
After Hours:
CVS Technical Rating and Analysis
Overall CVS gets a technical rating of 1 out of 10. CVS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- CVS has an average volume of 9017330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, CVS turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- CVS is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, CVS did better than 62% of them.
- CVS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CVS is lagging the market slightly.
- In the last month CVS has a been trading in the 72.92 - 81.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CVS Weekly and Daily overview Charts
CVS Setup Rating and Analysis
CVS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 75.42, a Stop Loss order could be placed below this zone.
More info and screens
CVS Support and Resistance Analysis
69.56
84.71
We found 2 important support areas.
- A support zone ranging from 74.52 to 75.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @70.26 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 77.60 to 78.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 82.52 to 83.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
CVS Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CVS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVS is down. |
| ChartMill Relative Strength | 57.18 | NEUTRAL | CVS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CVS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CVS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.6 | NEUTRAL | The RSI value for CVS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests CVS has a negative trend. |
| Stochastics (14,3) | 28.3 | NEUTRAL | The Stochastics value for CVS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for CVS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.35 | NEGATIVE | The low ADX value for CVS suggests a weak or negative trend. |
CVS Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
CVS Technicals: Chart, Performance Metrics, Trend & Indicators
75.84
-0.29 (-0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.38%
1 Week-3.09%
2 Weeks-7.13%
1 Month-3.36%
3 Month-2.42%
6 Month1.23%
12 Month13.11%
2 Year-4.91%
3 Year2.06%
5 Year0.81%
10 Year-26.89%
15 Year120.98%
Volatility
ATR(14)2.01
ATR(20)%2.71%
ATR Inc-46.23%
Range Today1.31
ADR(20)1.97
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.18
3 months CRS41.21
6 months CRS60.42
Mansfield-0.03
10 Day High81.69
10 Day Low75.32
20 Day High81.69
20 Day Low72.92
52 Week High85.15
52 Week Low58.35
CS1 End75.42
CR1 Start77.6
Volume & EV
DER(3)-0.35%
DER(5)-0.51%
Volume6.09M
Volume Incr-30.24%
Vol(5)5.93M
Vol(50)9.02M
CVS HEALTH CORP / CVS TA FAQ
What is the technical rating for CVS stock?
ChartMill assigns a technical rating of 1 / 10 to CVS.
What is the current trend direction of CVS HEALTH CORP (CVS) stock?
The current trend direction for CVS HEALTH CORP (CVS) is Bearish.
What is the RSI signal for CVS stock?
CVS HEALTH CORP (CVS) has an RSI value of 43.5998. This indicates that the stock is currently neutral.
What is the MACD signal for CVS stock?
The MACD indicator for CVS HEALTH CORP (CVS) has a value of -0.309234, indicating a bearish trend.