CVS Health Technical Analysis

CVS -- USA Stock  

Quarterly Earning Report: November 6, 2019  

As of 16 of October CVS Health shows Risk Adjusted Performance of 0.1317 and Mean Deviation of 1.15. CVS Health technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for CVS Health Corporation which can be compared to its rivals. Please confirm CVS Health Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if CVS Health is priced some-what accurately providing market reflects its regular price of 64.83 per share. Given that CVS Health has Jensen Alpha of 0.2225, we suggest you validate CVS Health Corporation prevailing market performance to make sure the company can sustain itself at some point future time.
Target PriceAdvice# of Analysts
73.85Buy20Odds
CVS Health Corporation current and past analyst recommendations published by number of research institutions as well as average analyst consensus
CVS Health Analyst Advice  
Horizon     30 Days    Login   to change

CVS Health Technical Analysis

Indicator
Time Period
  Portfolio Suggestion    
  
Execute Indicator
 
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Normalized Average True Range is used to analyze tradable apportunities for CVS Health across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.

CVS Health Trend Analysis

Use this graph to draw trend lines for CVS Health Corporation. You can use it to identify possible trend reversals for CVS Health as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual CVS Health price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

CVS Health Best Fit Change Line

The following chart estimates an ordinary least squares regression model for CVS Health Corporation applied against its price change over selected period. The best fit line has a slop of   0.13  which may imply that CVS Health Corporation will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 670.58, which is the sum of squared deviations for the predicted CVS Health price change compared to its average price change.

CVS Health October 16, 2019 Technical Indicators

CVS Health October 16, 2019 Daily Price Condition

Check also Trending Equities. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Search macroaxis.com