CVS's most recent trend suggests a bearish bias. One trading opportunity on CVS is a Bear Call Spread using a strike $91.00 short call and a strike $96.00 long call offers a potential 12.36% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $91.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock rose above the $96.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for CVS is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for CVS is bearish.
The RSI indicator is at 48.4 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CVS
Final Glance: Drugstore companies
Thu, 04 Dec 2014 23:03:07 GMT
AP – Shares of some top drugstore companies were up at the close of trading: CVSCaremark rose $.33 or .5 percent, to $66.44. Rite Aid rose $.10 or 1.8 percent, to $5.70. Walgreen rose $1.74 or 2.9 percent, …
Midday Glance: Drugstore companies
Thu, 04 Dec 2014 18:41:32 GMT
AP – Shares of some top drugstore companies are up at 1 p.m.: CVSCaremark rose $.41 or .6 percent, to $66.52. Rite Aid rose $.08 or 1.3 percent, to $5.68. Walgreen rose $.32 or .5 percent, to $59.54.
Early Glance: Drugstore companies
Thu, 04 Dec 2014 16:07:47 GMT
AP – Shares of some top drugstore companies are up at 10 a.m.: CVSCaremark rose $.66 or 1.0 percent, to $66.77. Rite Aid rose $.05 or .9 percent, to $5.65. Walgreen rose $.81 or 1.4 percent, to $60.03.
80 Percent Of Patients Worry About Health Data Security
Thu, 04 Dec 2014 13:50:00 GMT
Markit Expects Dividend Hikes From CVS, Pfizer, Western Union
Wed, 03 Dec 2014 20:21:00 GMT
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