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CVS Caremark Bullish Moving Average Crossover Alert (CVS)

By David Diaz

CVS Caremark (NYSE:CVS) crossed over its 10-day moving average of $96.78 on a volume of 822K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of CVS Caremark have traded between a low of $81.37 and a high of $113.65 and are now at $96.96, which is 19% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for CVS Caremark and will alert subscribers who have CVS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses CVS Caremark

Ticker(s): CVS