CVS HEALTH CORP (CVS) Technical Analysis
NYSE:CVS • US1266501006
Current stock price
70.08 USD
-1.1 (-1.55%)
At close:
70.07 USD
-0.01 (-0.01%)
After Hours:
CVS Technical Rating and Analysis
Overall CVS gets a technical rating of 0 out of 10. CVS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, CVS is a bad performer in the overall market: 66% of all stocks are doing better.
- In the last month CVS has a been trading in the 69.67 - 81.69 range, which is quite wide. It is currently trading near the lows of this range.
- CVS has an average volume of 9225920 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!
- CVS is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, CVS did better than 56% 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.
CVS Weekly and Daily overview Charts
CVS Setup Rating and Analysis
The technical rating of CVS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CVS Support and Resistance Analysis
69.37
83.87
When analyzing the support we notice one important area.
- A support zone ranging from 70.07 to 70.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @70.26 from a horizontal line in the daily time frame.
- A resistance zone ranging from 72.45 to 72.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 75.32 to 76.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @79.90 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 82.52 to 83.04. 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 | 34.84 | 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 | MIXED | The current price of CVS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.68 | NEUTRAL | The RSI value for CVS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests CVS has a negative trend. |
| Stochastics (14,3) | 12.89 | OVERSOLD | The low Stochastics value suggests CVS may be oversold. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for CVS suggests some volalility. |
| Average Directional Index/ADX (14) | 23.76 | NEUTRAL | The ADX value for CVS suggests a possible start of a new 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
70.08
-1.1 (-1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-1.55%
1 Week-1.96%
2 Weeks-7.95%
1 Month-12.29%
3 Month-11.97%
6 Month-7.51%
12 Month4.38%
2 Year-12.14%
3 Year-5.69%
5 Year-6.85%
10 Year-32.44%
15 Year104.2%
Volatility
ATR(14)1.9
ATR(20)%2.8%
ATR Inc-13.33%
Range Today1.76
ADR(20)1.91
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.84
3 months CRS29.99
6 months CRS37.95
Mansfield-0.26
10 Day High77.08
10 Day Low69.67
20 Day High81.69
20 Day Low69.67
52 Week High85.15
52 Week Low58.35
CS1 End70.07
CR1 Start70.26
Volume & EV
DER(3)-1.59%
DER(5)-1.31%
Volume6.11M
Volume Incr-24.63%
Vol(5)6.46M
Vol(50)9.23M
CVS HEALTH CORP / CVS TA FAQ
What is the technical rating for CVS stock?
ChartMill assigns a technical rating of 0 / 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 31.6846. 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 -0.485825, indicating a bearish trend.