CVS HEALTH CORP. - 1H - Technical analysis published on 02/12/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 58.67 USD
My targets
65.87 USD (+4.42%)
67.74 USD (+7.39%)
My analysis
The bullish trend is currently very strong on CVS HEALTH CORP.. As long as the price remains above the support at 58.67 USD, you could try to benefit from the boom. The first bullish objective is located at 65.87 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 67.74 USD as an objective. Crossing it would then enable buyers to target 72.41 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.7
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CVS HEALTH CORP. rating 63.08 USD. On the day, this instrument gained +14.69% and was between 60.50 USD and 63.50 USD. This implies that the price is at +4.26% from its lowest and at -0.66% from its highest.60.50
63.50
63.08
Here is a more detailed summary of the historical variations registered by CVS HEALTH CORP.:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CVS HEALTH CORP. indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 53.35 | 54.55 | 58.12 | 63.08 | 65.87 | 72.41 | 77.03 |
| Change (%) | -15.42% | -13.52% | -7.86% | - | +4.42% | +14.79% | +22.11% |
| Change | -9.73 | -8.53 | -4.96 | - | +2.79 | +9.33 | +13.95 |
| Level | Major | Intermediate | Major | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.18 | 53.12 | 54.06 | 55.00 | 55.94 | 56.88 | 57.82 |
| Camarilla | 54.48 | 54.66 | 54.83 | 55.00 | 55.17 | 55.35 | 55.52 |
| Woodie | 52.18 | 53.12 | 54.06 | 55.00 | 55.94 | 56.88 | 57.82 |
| Fibonacci | 53.12 | 53.84 | 54.28 | 55.00 | 55.72 | 56.16 | 56.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 50.18 | 52.01 | 53.01 | 54.84 | 55.84 | 57.67 | 58.67 |
| Camarilla | 53.23 | 53.49 | 53.75 | 54.01 | 54.27 | 54.53 | 54.79 |
| Woodie | 49.77 | 51.80 | 52.60 | 54.63 | 55.43 | 57.46 | 58.26 |
| Fibonacci | 52.01 | 53.09 | 53.76 | 54.84 | 55.92 | 56.59 | 57.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32.29 | 37.92 | 47.20 | 52.83 | 62.11 | 67.74 | 77.02 |
| Camarilla | 52.38 | 53.75 | 55.11 | 56.48 | 57.85 | 59.21 | 60.58 |
| Woodie | 34.12 | 38.83 | 49.03 | 53.74 | 63.94 | 68.65 | 78.85 |
| Fibonacci | 37.92 | 43.62 | 47.13 | 52.83 | 58.53 | 62.04 | 67.74 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 86.06 | |
| MACD (12,26,9): | 0.5600 | |
| Directional Movement: | 62.99 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 55.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 54.02 | |
| Elder Ray (13): | 6.40 | |
| Super Trend (3,10): | 58.04 | |
| Zig ZAG (10): | 62.68 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 82.76 | |
| TEMA (21): | 58.20 | |
| Williams %R (14): | -8.58 | |
| Chande Momentum Oscillator (20): | 8.97 | |
| Repulse (5,40,3): | 2.7500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 12.90 |
| MA7: | 56.08 | |
| MA20: | 54.99 | |
| MA50: | 51.21 | |
| MA100: | 54.71 | |
| MAexp7: | 58.20 | |
| MAexp20: | 55.17 | |
| MAexp50: | 55.07 | |
| MAexp100: | 54.47 | |
| Price / MA7: | +12.48% | |
| Price / MA20: | +14.71% | |
| Price / MA50: | +23.18% | |
| Price / MA100: | +15.30% | |
| Price / MAexp7: | +8.38% | |
| Price / MAexp20: | +14.34% | |
| Price / MAexp50: | +14.55% | |
| Price / MAexp100: | +15.81% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on CVS HEALTH CORP.. At the time of publication of this analysis, the latest news was as follows:
- CVS HEALTH CORPORATION REPORTS FOURTH QUARTER AND FULL-YEAR 2024 RESULTS
- Introducing the CVS Health® app: Your go-to companion for health & wellness
- CVS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of CVS Health Corporation - CVS
- CVS Health Foundation grants $4 million as part of its new healthy aging initiative
- CVS Health to hold fourth quarter and full year 2024 earnings conference call
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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