Trading Signals: CVS Stock Price Prediction and Forecast

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Thu. Oct. 5, 2023

Trading Signals: CVS Stock Price Prediction and Forecast (Thu. Feb. 20, 2014 - Fri. Oct. 27, 2023)

(CVS Health Group)
CVS latest price $69.7500 (1.12%) ($68.5600 - $69.8100) on Thu. Oct. 5, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.66% (three month average)
RSI   45
Latest Price   $69.7500(1.12%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CVS declines -0.1% a day on average for past five trading days.
Weekly Trend   CVS declines -1.4% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support CVS advance at 0% a week (0% probability)
VYM(91%)    ARKK(90%)    IWC(89%)    IWD(88%)    QQQ(88%)
Factors Impacting CVS price   CVS will decline at least -0.83% in a week (0% probabilities).
UUP(-49%)    TBT(-47%)    VIXM(-45%)    VXX(-41%)    USO(-8%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.83% (StdDev 1.66%)
Hourly BBV 1.4 ()
Intraday Trend 1.2%

Resistance Level   $70.24
5 Day Moving Average   $69.5(0.36%)
10 Day Moving Average   $70.18(-0.61%)
20 Day Moving Average   $70.24(-0.7%)
To recent high   -8.7%
To recent low   7%
Market Cap   $91.163b

CVS Health Corp. engages in the provision of health care services. It operates trough the following segments: Pharmacy Services, Retail or Long Term Care, Health Care Benefits and Corporate. The Pharmacy Services segment offers pharmacy benefit management solutions. The Retail or Long Term Care segment includes selling of prescription drugs and assortment of general merchandise. The Health Care Benefits segment offers traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, medical management capabilities. The Corporate segment involves in providing management and administrative services. The company was founded by Stanley P. Goldstein and Ralph Hoagland in 1963 and is headquartered in Woonsocket, RI.

$. CVS price fluctuates within 2.42% (three month std-dev: 1.66%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231105

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Oct_5_2023	70.33	70.24	70.18	69.5	69.22	69.09	69.75(1.12%)	DP	OpenShort	-75	0.1	-17	-30	-5	-52	4.5	51%	0	52.1	1.66%	1.4	-0.3	45	-0.7
2	Oct_4_2023	70.33	70.06	70.39	69.55	69.4	69.12	68.98(-0.39%)	DT	OpenShort	-75	-0.3	-24	-30	-16	-47	6.02	51%	0.03	43.9	1.66%	-0.9	-0.6	47	-1
3	Oct_3_2023	70.31	69.91	70.64	69.71	69.73	69.35	69.25(-0.63%)	DT	OpenShort	-75	-0.2	-26	-40	-21	-39	4.39	51%	0	39.2	1.67%	-0.4	-0.3	47	-2.1
4	Oct_2_2023	70.31	69.75	70.91	70.13	69.95	69.67	69.69(-0.19%)	DT	OpenShort	-75	-0.2	-31	-40	-33	-26	5.34	51%	0.01	40.8	1.67%	-0.4	-0	47	-1.1
5	Sep_29_2023	70.3	69.57	71.03	70.71	70.55	70.1	69.82(-0.3%)	CR	SmallShort	-20	-0.4	-12	-50	-17	5	5.37	51%	0.01	41.9	1.67%	-0.2	0.1	58	-1.3

6	Sep_28_2023	70.29	69.36	71.16	70.97	71.01	70.23	70.03(0.36%)	N/A	N/A	0	-0.4	-18	-80	-34	30	5.68	51%	0.01	40.2	1.68%	-0.5	0.3	69	-0.9
7	Sep_27_2023	70.28	69.21	71.17	71.34	71.32	71	69.78(-2.17%)	N/A	N/A	0	-0.6	-12	-30	-36	61	8.21	51%	-0.01	44.8	1.68%	-1.2	0.2	69	-1.6
8	Sep_26_2023	70.29	69.08	71.25	71.67	71.7	71.79	71.33(-1.71%)	UD	OpenLong	75	-0.1	30	10	3	111	5.82	54%	0.03	48.4	1.67%	-0.6	0.9	77	-3
9	Sep_25_2023	70.27	68.87	71.17	71.8	71.66	71.65	72.57(2%)	UT	HoldLong	65	0.3	42	-10	8	145	5.27	56%	0.03	51.7	1.66%	1.3	1.4	82	-1.5
10	Sep_22_2023	70.25	68.6	70.79	71.43	71.6	71.61	71.15(-1.03%)	UD	OpenLong	75	-0.1	40	10	2	152	6.12	54%	0.04	51.7	1.64%	-1.1	1	80	-1

11	Sep_21_2023	70.22	68.36	70.31	71.37	71.42	71.67	71.89(0.67%)	UT	HoldLong	65	0.2	51	30	14	163	9.3	54%	0.01	51.7	1.64%	1	1.5	86	-0.9
12	Sep_20_2023	70.21	68.07	69.7	70.98	71.12	71.6	71.41(-0.81%)	UD	OpenLong	75	0.2	55	50	22	153	11.57	54%	-0.01	37.7	1.64%	0.1	1.5	70	-0
13	Sep_19_2023	70.22	67.84	69.13	70.75	70.82	71.17	71.99(1.82%)	UT	OpenLong	75	0.6	54	40	25	142	9.19	54%	-0.03	23.6	1.64%	1.9	1.9	71	0.9
14	Sep_18_2023	70.24	67.57	68.49	70.46	70.59	70.64	70.7(-0.24%)	UD	OpenLong	75	0.1	44	10	17	126	9.1	51%	-0.04	5	1.64%	0.4	1.7	66	1
15	Sep_15_2023	70.27	67.36	67.99	70.07	70.36	70.46	70.87(1.32%)	UT	OpenLong	75	0.5	50	20	29	111	12.74	53%	-0.03	-21.2	1.67%	0.7	2	67	1

16	Sep_14_2023	70.29	67.14	67.41	69.06	69.57	70.55	69.95(-0.41%)	UD	OpenLong	75	0.6	53	120	44	79	8.43	44%	-0.03	-62.3	1.75%	-0.7	1.8	68	1.5
17	Sep_13_2023	70.31	67.23	67.07	68.19	68.36	70.25	70.24(-0.4%)	UD	OpenLong	75	1.1	73	200	75	65	10.48	44%	-0.04	-68.9	2%	0.5	1.6	70	1.3
18	Sep_12_2023	70.34	67.34	66.71	67.24	67.09	68.59	70.52(2.57%)	UT	OpenLong	75	1.5	74	150	84	45	13.53	44%	-0.04	-71.8	2.01%	1.4	1.4	65	1
19	Sep_11_2023	70.37	67.48	66.33	66.26	66.02	66.46	68.75(4.42%)	UT	OpenLong	75	1	28	40	37	2	15.63	41%	-0.06	-71.1	1.98%	3.7	0.5	58	1.3
20	Sep_8_2023	70.41	67.74	66.15	65.65	65.63	65.6	65.84(0.37%)	DP	OpenShort	-65	0.1	-5	-0	2	-27	5.49	34%	-0.11	-64	1.9%	0.3	-0.6	41	1.3

21	Sep_7_2023	70.49	68.12	66.22	65.51	65.65	65.58	65.6(0.14%)	DP	OpenShort	-75	0	-15	-0	-8	-36	7.18	34%	-0.13	-61.6	1.9%	-1.3	-0.8	39	1.2
22	Sep_6_2023	70.58	68.56	66.31	65.76	65.75	65.67	65.51(-0.15%)	DT	HoldShort	-65	-0.1	-25	-10	-13	-59	7.06	34%	-0.16	-58.9	1.91%	-0.7	-0.9	16	1.4
23	Sep_5_2023	70.69	68.97	66.46	66.08	66.16	65.72	65.61(-0.09%)	DT	HoldShort	-65	-0.1	-30	-40	-14	-78	7.04	34%	-0.2	-55.5	1.91%	-0.5	-0.9	15	1.7
24	Sep_1_2023	70.83	69.38	66.61	66.41	66.51	65.84	65.67(0.77%)	DP	OpenShort	-75	-0.2	-51	-70	-32	-107	6.32	37%	-0.14	-54.4	1.91%	-0.8	-1	14	2.3
25	Aug_31_2023	70.93	69.75	66.74	66.74	66.97	66.6	65.17(-2.48%)	DT	HoldShort	-65	-0.4	-51	-30	-24	-130	9.83	37%		-54.5	1.91%	-2.4	-1.3	10	2.3
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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