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Cvs Health Corp (CVS) Crosses Pivot Point Resistance at $67.31

By Amy Schwartz

Cvs Health Corp (NYSE:CVS) has opened bullishly above the pivot of $66.38 today and has reached the first level of resistance at $67.31. Should the shares continue to rise, the resistance pivots of $68.27 and $70.16 will be of interest.

In the past 52 weeks, Cvs Health Corp share prices have been bracketed by a current low of $0.00 and a high of $84.00 and are now at $0.00. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.4%.

Potential upside of 0.0% exists for Cvs Health Corp, based on a current level of $0.00 and analysts' average consensus price target of $86.81. The stock should find initial resistance at its 50-day moving average (MA) of $65.08 and further resistance at its 200-day MA of $71.37.

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: pivot alerts cvs health corp

Ticker(s): CVS