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Bullish Moving Average Cross by Cvs Health Corp (CVS)

By Nick Russo

Cvs Health Corp (NYSE:CVS) crossed over its 10-day moving average of $53.38 on a volume of 3.9 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Cvs Health Corp has traded in a range of $51.77 to $82.15 and is now at $54.17, 5% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 2% while the 200-day MA has slid 0.6%.

SmarTrend is monitoring the recent change of momentum in Cvs Health Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Cvs Health Corp in search of a potential trend change.

Keywords: moving crosses cvs health corp

Ticker(s): CVS