|
|
|
|
Archive - 5/29/2026 - Sign In to see current Signals. |
CVS Caremark Corp. (CVS) Technical Analysis
|
 |
| 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 -2.28 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 |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| 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 |
|
| 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 |
|
| 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 |
|
|