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CVS Health Technical Analysis

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CVS -- USA Stock  

Earnings Report: May 6, 2020  

As of the 17th of February 2020 CVS Health shows Risk Adjusted Performance of (0.004165) and Mean Deviation of 0.9581. 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. Put another way 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 71.37 per share. Given that CVS Health has Jensen Alpha of (0.09), 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
80.33Buy18Odds
CVS Health Corporation current and past analyst recommendations published by number of research institutions as well as average analyst consensus
CVS Health Analyst Advice  

CVS Health Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of CVS Health volatility developed by Welles Wilder. View also all equity analysis or get more info about 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   0.07  which may imply that the returns on investment in CVS Health Corporation will continue to fail. It has 122 observation points and a regression sum of squares at 205.26, which is the sum of squared deviations for the predicted CVS Health price change compared to its average price change.

CVS Health February 17, 2020 Technical Indicators

CVS Health February 17, 2020 Daily Price Condition

Continue to Trending Equities. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
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