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Downtrend Broken Resist.Archive - 7/11/2025 - 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 the negative week for the CVS Caremark Corp. (CVS). During the week, the CVS dropped -2.65 points, or -3.93%, and closed at 64.78 on Friday, July 11, 2025. It was the worst weekly loss since May 16, 2025. Weekly volume was -43% below average.
Long-term trend: [See CVS long-term trend chart] A long-term downtrend had started on February 8, 2022 at 111.25 and reached 43.56 on December 23, 2024. CVS lost 67.69 points, or 60.84%, in 149 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (33.72) is broken. A broken support is considered to be a long-term bullish signal. 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 resistance line in a long-term trend.
Medium-term trend: [See CVS medium-term trend chart] A medium-term uptrend had started on May 15, 2025 at 58.35 and reached 70.23 on July 1, 2025. CVS gained -11.88 points, or -20.36%, in 6 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (69.80) 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 medium-term trend.
Weekly Technical Indicators: [See CVS weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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 July 1, 2025 at 70.23 and reached 64.21 on July 11, 2025. CVS lost 6.02 points, or 8.57%, in 10 days. The price is now at the 9.47% retracement level.
Daily Technical Indicators: [See CVS daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. 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. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 6.67% on Friday. It is 60.82% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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