The Greedy Trader Weekly Analysis
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S&P 500 Oversold Stocks

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- 4/17/2026 -
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CVS Caremark Corp. (CVS) Technical Analysis

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Summary:
Weekly :Broken trend support lineOversold sectorBroken trend resistance line
Daily :Stochastic has declined below the signal lineThe price has fallen below the Parabolic SAR
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It was the negative week for the CVS Caremark Corp. (CVS). During the week, the CVS dropped -2.03 points, or -2.56%, and closed at 77.30 on Friday, April 17, 2026. CVS was trading at average weekly trading volume.

CVS is a member of Health Care Sector. Health Care is the second most oversold 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 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 (21.05) 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 December 23, 2024 at 43.56 and reached 85.15 on October 29, 2025. CVS gained -41.59 points, or -95.48%, in 44 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (93.57) is broken. A broken support is considered to be a long-term bearish 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 support in a medium-term trend.

Weekly Technical Indicators: [See CVS weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since November 28, 2025. 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 January 26, 2026 at 84.00 and reached 69.51 on March 30, 2026. CVS lost 14.49 points, or 17.25%, in 63 days. The chart has formed a Falling Wedge chart pattern. The trend support level is at 69.15 and resistance is at 78.73. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a short-term trend.

Daily Technical Indicators: [See CVS daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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 link to access Lane's Stochastic help.

The daily MACD line is above its signal line since April 1, 2026.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 72.12
Williams' Percentage Range (W%R) 28.60
Lane's Stochastic (%D-Slow) 62.69
Greed/Fear Indicator (GFI) 68.75
Moving Average Converg./Diverg. (MACD) 0.19
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.64
Williams' Percentage Range (W%R) 50.40
Lane's Stochastic (%D-Slow) 36.76
Greed/Fear Indicator (GFI) 44.49
Moving Average Converg./Diverg. (MACD) 1.07
Trading Signals
Description Value Chart
Upper Bollinger Band 82.20
Parabolic System 79.26
Weekly Trendline Resistance 78.73
Daily Stochastic Crossing 77.52
Price 77.30
50 Day Moving Average 76.05
20 Day Moving Average 74.51
Weekly Stochastic Crossing 74.27
Lower Bollinger Band 69.51
Weekly Trendline Support 69.15
Sector and Industry
Description Name Rank
Sector Health Care 2
Industry Health Care Services 52
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 69.51
Low Date 03/30/2026
High 79.56
High Date 04/09/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Valid
Resistance 78.73
Support 69.15
High 84.00
High Date 01/26/2026
Low 69.51
Low Date 03/30/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 85.15
High Date 10/29/2025
Low 69.51
Low Date 03/30/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 96.88
Support 93.57
Low 43.56
Low Date 12/23/2024
High 85.15
High Date 10/29/2025
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 40.72
Support 21.05
High 111.25
High Date 02/08/2022
Low 43.56
Low Date 12/23/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.