The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 3/27/2026 -
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CVS Caremark Corp. (CVS) Technical Analysis

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Summary:
Weekly :Broken trend resistance lineWilliams' Percentage Range is oversoldBroken trend support line
Daily :Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversoldRelative Strength Index, Lane's Stochastic and MACD bullish divergence
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It was the negative week for the CVS Caremark Corp. (CVS). During the week, the CVS dropped -1.40 points, or -1.96%, and closed at 70.08 on Friday, March 27, 2026. Weekly volume was -23% 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 (22.02) 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 (91.44) 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 Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. 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 Williams' Percentage Range help.

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 March 3, 2026 at 81.69 and reached 69.67 on March 27, 2026. CVS lost 12.02 points, or 14.71%, in 24 days. Price is near the trend low.

Daily Technical Indicators: [See CVS daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Daily Relative Strength Index, Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index, Lane's Stochastic and MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following links to access Lane's Stochastic and Relative Strength Index help.

The daily MACD line is below its signal line since March 9, 2026. This is an indication that the short-term trend is down.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 15.97
Oversold Bullish
Williams' Percentage Range (W%R) 88.10
Oversold
Lane's Stochastic (%D-Slow) 19.62
Oversold Bullish
Greed/Fear Indicator (GFI) 15.83
Oversold
Moving Average Converg./Diverg. (MACD) -1.32 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.38
Williams' Percentage Range (W%R) 90.00
Oversold
Lane's Stochastic (%D-Slow) 38.32
Greed/Fear Indicator (GFI) 30.48
Moving Average Converg./Diverg. (MACD) 1.75
Trading Signals
Description Value Chart
Upper Bollinger Band 81.04
50 Day Moving Average 76.70
20 Day Moving Average 75.32
Weekly Stochastic Crossing 73.99
Parabolic System 72.68
Daily Stochastic Crossing 70.67
Price 70.08
Lower Bollinger Band 67.38
Sector and Industry
Description Name Rank
Sector Health Care 5
Industry Health Care Services 74
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 81.69
High Date 03/03/2026
Low 69.67
Low Date 03/27/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 84.00
High Date 01/26/2026
Low 69.67
Low Date 03/27/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 85.15
High Date 10/29/2025
Low 69.67
Low Date 03/27/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 95.46
Support 91.44
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 41.70
Support 22.02
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.