NYSE:CVS • US1266501006
We assign a technical rating of 2 out of 10 to CVS. 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.
Although the technical rating is bad, CVS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
69.56
We found 3 important support areas.
When analyzing the resistance we notice 2 important areas.
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 | 60.49 | 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) | UP | MIXED | The current price of CVS is below the rising 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) | 46.69 | NEUTRAL | The RSI value for CVS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests CVS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.01 | NEUTRAL | The Stochastics value for CVS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for CVS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.01 | NEUTRAL | The ADX value for CVS suggests a possible start of a new trend. |
76.69
-0.63 (-0.81%)
ChartMill assigns a technical rating of 2 / 10 to CVS.
The current trend direction for CVS HEALTH CORP (CVS) is Bearish.
CVS HEALTH CORP (CVS) has an RSI value of 46.6947. This indicates that the stock is currently neutral.
The MACD indicator for CVS HEALTH CORP (CVS) has a value of 0.152319, indicating a bearish trend.