• Return to Headlines

Cvs Health Corp Crosses Below its 10-day MA (CVS)

By Shiri Gupta

Today, shares of Cvs Health Corp (NYSE:CVS) have crossed bearishly below their 10-day moving average of $67.63 on a volume of 3.3 million shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Cvs Health Corp share prices have been bracketed by a low of $60.14 and a high of $84.00 and are now at $65.93, 10% above that low price. The 200-day and 50-day moving averages have moved 0.29% lower and 0.51% higher over the past week, respectively.

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

Keywords: moving crosses cvs health corp

Ticker(s): CVS