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- 5/29/2026 -
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CVS Caremark Corp. (CVS) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are overboughtOversold sector
Daily :Lane's Stochastic is oversold
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It was the negative week for the CVS Caremark Corp. (CVS). During the week, the CVS dropped -2.28 points, or -2.44%, and closed at 90.98 on Friday, May 29, 2026. Weekly volume was -12% below average.

CVS is a member of Health Care Sector. Health Care is the 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 uptrend had started on December 23, 2024 at 43.56 and reached 98.43 on May 14, 2026. CVS gained -54.87 points, or -125.96%, in 72 weeks. The price is now at the 13.58% retracement level.

Medium-term trend: [See CVS medium-term trend chart]
A medium-term uptrend had started on March 30, 2026 at 69.51 and reached 98.43 on May 14, 2026. CVS gained -28.92 points, or -41.61%, in 6 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 85.79 and resistance is at 105.98. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See CVS weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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.

The weekly MACD line is above its signal line since May 1, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. 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 May 28, 2026 at 94.18 and reached 90.57 on May 29, 2026. CVS lost 3.61 points, or 3.83%, in 1 days. The price is now at the 11.36% retracement level.

Daily Technical Indicators: [See CVS daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic.

The daily MACD line is below its signal line since May 21, 2026. This is an indication that the short-term trend is down.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.11
Williams' Percentage Range (W%R) 31.90
Lane's Stochastic (%D-Slow) 16.61
Oversold
Greed/Fear Indicator (GFI) 45.25
Moving Average Converg./Diverg. (MACD) 3.74
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.94
Williams' Percentage Range (W%R) 19.90
Overbought
Lane's Stochastic (%D-Slow) 87.15
Overbought
Greed/Fear Indicator (GFI) 74.71
Moving Average Converg./Diverg. (MACD) 1.96
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 105.98
Upper Bollinger Band 100.04
Parabolic System 95.50
Weekly Stochastic Crossing 95.11
Daily Stochastic Crossing 91.41
20 Day Moving Average 91.24
Price 90.98
Quarterly Trendline Support 85.79
50 Day Moving Average 82.01
Lower Bollinger Band 80.39
Sector and Industry
Description Name Rank
Sector Health Care 1
Industry Health Care Services 62
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 94.18
High Date 05/28/2026
Low 90.57
Low Date 05/29/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 94.18
High Date 05/28/2026
Low 90.57
Low Date 05/29/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 98.43
High Date 05/14/2026
Low 90.57
Low Date 05/29/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 105.98
Support 85.79
Low 69.51
Low Date 03/30/2026
High 98.43
High Date 05/14/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 43.56
Low Date 12/23/2024
High 98.43
High Date 05/14/2026
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.