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After Yesterday's Decline of 3.56%, Cvs Health Corp Offers Investors Better Value

By James Quinn

Cvs Health Corp (NYSE:CVS) traded in a range yesterday that spanned from a low of $75.90 to a high of $78.06. Yesterday, the shares fell 3.6%, which took the trading range below the 3-day low of $78.57 on volume of 2.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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.

Cvs Health Corp share prices have moved between a 52-week high of $83.88 and a 52-week low of $60.14 and are now trading 27% above that low price at $76.10 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

Keywords: rebounders cvs health corp

Ticker(s): CVS