CVS Stock Price Chart Trends and Technical Patterns
CVS Stock | USD 59.85 0.11 0.18% |
CVS |
CVS Health Stock Momentum Indicator Charts
Despite being surrounded by normalized and non-normalized data, technical analysis and forecasting of CVS provide a lot of insight regarding the behavior of crowds concerning fear and greed. Investors that are interested in a particular instrument, such as CVS Health, can be considered to be 'the market' for CVS Health instruments. The emotional state of those investors is what determines the price for CVS Health. If more investors feel that the CVS Health Stock will rise, it most likely will increase; and if more investors feel that the CVS price will fall, then it will fall. Thus, a stock's price change over time is the most accurate record of the emotional state (i.e., the fear and the greed) of the market for that instrument, and thus, technical analysis is, at its core, a study of crowd behavior. Our charting interfaces help investors to find opportunities and time the market. CVS Health price plot provides a helpful view of the trending direction of the price but hides some likely useful information from an investor. The CVS Health's momentum indicator charts help investors identify opportunities when the price moves upward or downward. Traders can also locate a price movement's strength using a momentum indicator line in a price chart. Usually, the formula for price momentum indicators compares the most recent closing price to a previous closing price from any time frame. The momentum indicator is typically displayed as a single line in a different section of a chart than the price line or bars.CVS Health Stock Peer indicators
Technical peer comparison is one of the most widely used and accepted methods of stock analysis among chartists. It analyses CVS Health's direct or indirect competition against its essential technical indicators to detect undervalued stock instruments with similar characteristics or determine the stock that would be a good addition to a portfolio. Peer analysis of CVS Health could also be used in its relative valuation, which is a method of valuing CVS Health by comparing different technical metrics with those of similar instruments.
Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
CVS | 1.71 | (0.09) | (0.01) | 0.07 | 2.38 | 3.57 | 18.70 | |||
HUM | 2.09 | (0.42) | 0.00 | (0.13) | 0.00 | 3.69 | 14.35 | |||
CI | 1.10 | (0.15) | 0.00 | (0.13) | 0.00 | 1.94 | 9.74 | |||
ELV | 1.24 | (0.55) | 0.00 | (0.57) | 0.00 | 1.97 | 13.29 | |||
CNC | 1.72 | (0.40) | 0.00 | (2.54) | 0.00 | 2.38 | 12.57 | |||
UNH | 1.06 | (0.06) | (0.03) | 0.07 | 1.76 | 2.53 | 9.77 | |||
ALHC | 3.41 | 0.48 | 0.12 | 0.50 | 3.66 | 8.66 | 34.84 |
CVS Health Corp Predictive Pattern Charts
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. CVS Health Corp Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
- Analyze a chart of CVS Health's stock price history.
- Study the chart to identify trends in CVS Health's stock prices over time.
- Look for patterns such as uptrends, downtrends, and consolidations, and take note of any significant events that may have affected the price of the stock.
- Use technical indicators, such as moving averages and trend lines, to further understand the CVS Health's price action. These tools can help you determine the stock's support and resistance levels and momentum.
- Consider the CVS Health's volume data, which can provide insight into the stock's buying and selling activity level. High volume typically indicates a high level of interest in the stock, which can be a bullish sign.
- Look at news and events that may be affecting CVS Health's stock price. Keep up to date on the Stock's financial performance, as well as any regulatory changes or macroeconomic events that may impact the price.