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Archive - 8/28/2026 - Sign In to see current Signals. |
CVS Caremark Corp. (CVS) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week for the CVS Caremark Corp. (CVS). During the week, the CVS climbed 0.04 points, or 0.04%, and closed at 93.06 on Friday, August 28, 2026. Weekly volume was -30% below average. CVS is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See CVS long-term trend chart] A long-term uptrend had started on March 30, 2026 at 69.51 and reached 110.68 on July 22, 2026. CVS gained -41.17 points, or -59.23%, in 16 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (117.02) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. CVS may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See CVS medium-term trend chart] A medium-term downtrend had started on July 22, 2026 at 110.68 and reached 92.35 on August 21, 2026. CVS lost 18.33 points, or 16.56%, in 4 weeks. Price is near the trend low.
Weekly Technical Indicators: [See CVS weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since August 7, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See CVS short-term trend chart] A short-term downtrend had started on August 26, 2026 at 94.86 and reached 92.85 on August 27, 2026. CVS lost 2.01 points, or 2.12%, in 1 days. The price is now at the 10.45% retracement level.
Daily Technical Indicators: [See CVS daily technical indicators chart] Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since July 22, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Health Care |
12 |
| Industry |
Health Care Services |
104 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
94.86 |
| High Date |
08/26/2026 |
| Low |
92.85 |
| Low Date |
08/27/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
94.86 |
| High Date |
08/26/2026 |
| Low |
92.85 |
| Low Date |
08/27/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
110.68 |
| High Date |
07/22/2026 |
| Low |
92.35 |
| Low Date |
08/21/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Wedge |
| Status |
Broken Support |
| Resistance |
117.87 |
| Support |
117.02 |
| Low |
69.51 |
| Low Date |
03/30/2026 |
| High |
110.68 |
| High Date |
07/22/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
43.56 |
| Low Date |
12/23/2024 |
| High |
110.68 |
| High Date |
07/22/2026 |
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