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CVS Health CorporationCC

CVS Health Corporation

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CVS trade ideas

Oversold almost finishedAfter breaking down the channel and breaking the first support area CVS is approaching really strong buy Area. I expect the stock to rebound there and have a nice 2 to 1 ratio buy opportunity. * 𝗧𝗵𝗲 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝘀𝗵𝗮𝗿𝗲𝗱 𝗶𝗻 𝘁𝗵𝗶𝘀 𝗽𝗼𝘀𝘁 𝗶𝘀 𝗻𝗼𝘁 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗮𝗱𝘃𝗶𝗰𝗲. 𝗔𝗹𝘄𝗮𝘆𝘀 𝗰𝗼𝗻𝗱𝘂𝗰𝘁 𝘆𝗼𝘂𝗿 𝗼𝘄𝗻 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵.
NYSE:CVS
by preduta
CVS rally or bust!$CVS soars after beating the earnings estimates and got upgrader by few analyst. but the upgrade and good earnings didnt really help to extend it rally this morning. due to the overall market pulling back, making the CVS conolidate and entering a squeeze. $CVS average price move per day is about $1.20 to $2.00+ depending on the market volatility. here's my key level price im looking for entries: Buy call above 90.64 and sell at 91.30+ Buy puts below 89.30 and sell at 88.67 or below make sure to set alerts on those key level so you wont miss the move. and always to take your profits as you see one.
NShort
by CHRIS_B58
Deviation AlgoHello! This is a deviation/mean-reversion algorithm that I created based off of the concept of moving average deviation. Essentially, this is how the algorithm works: 1. Find the pivot highs of the difference between 2 moving averages (in this specific case, it's the exponential moving average and the weighted moving average) 2. Check the RSI to see if we're overbought or oversold based on some threshold (30 for oversold and 70 for overbought) Combine these two signals to produce a buy or sell signal! Additionally, I also have an option to filter the MA Deviation using Linear Regression instead of the RSI, but currently, in my testing, I've been finding that RSI works better Finally, big thanks to Dgtrd, who's Linear regression script I used to implement linear regression!
NLong
by mehersujayk
CVS: BUY on strong supportCVS Health Corporation is in a strong support area and well far from its equilibrium zone: Buy now or before day close with SL just below support area and TP at aproximately the low of equilibrium zone. My "Stock accumulation" strategy gave a signal two days ago, but the price wetn down again, so it's a good time to buy and put some stocks on your pocket! ADVICE: This idea is based on my researches, do your own study and don't invest based on this idea only. If you like my ideas and scripts, please leave a feedback and follow me.
NLong
by 03.freeman
3
$CVS: Rebound from here. Very Very Bullish.TICKER: $CVS TIME FRAME: 1D STRATEGY: LONG (BULLISH) I am very bullish on CVS. Earning will be great. Rejected the trend-line and from here it's going up. Usually healthcare sector does great during recession. ChatGpt Fundamental Analysis: Some sectors that are typically considered to be relatively "recession-proof" or that may perform well during a recession include: Healthcare: People will continue to need medical care regardless of the economy, so healthcare companies are often considered a safe bet during tough times. Fundamental Analysis: #Revenue: CVS Health Corporation's revenue has been steadily increasing over the years. In 2020, the company generated revenue of $256.8 billion and in 2021, it generated $269.5 billion. #Earnings: CVS Health Corporation has been consistently profitable over the years. In 2020, the company had net income of $4.4 billion and in 2021, it had net income of $4.9 billion. #Dividends: CVS Health Corporation has been paying dividends to shareholders. In 2021, the company paid dividends of $2.5 billion. #Debt: CVS Health Corporation has a significant amount of debt. As of December 2021, the company had long-term debt of $35.8 billion #Market Capitalization: CVS Health Corporation has a market capitalization of $91.9 billion as of January 26th, 2023 #P/E ratio: CVS Health Corporation has a P/E ratio of 14.1 as of January 26th, 2023, it is lower than the industry average which indicates that the stock is undervalued. #Business Model: CVS Health Corporation operates in the healthcare sector, providing pharmacy services, retail pharmacy, and healthcare clinics. The company's primary sources of revenue include retail pharmacy, pharmacy services, and Medicare Part D. BULLISH---BULLISH----BULLISH Note: Please note that this information is for educational purposes only and should not be considered as financial advice. It is important to conduct your own research and consult with a financial professional before making any investment decisions.
NLong
by Red_Green-TA
CVS | FINALLY Time to Enter | LONGCVS Health Corporation provides health services in the United States. The company's Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services. It serves employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. Its Pharmacy Services segment offers pharmacy benefit management solutions, including plan design and administration, formulary management, retail pharmacy network management, mail order pharmacy, specialty pharmacy and infusion, clinical, and disease and medical spend management services. It serves employers, insurance companies, unions, government employee groups, health plans, prescription drug plans, Medicaid managed care plans, plans offered on public health insurance and private health insurance exchanges, other sponsors of health benefit plans, and individuals. This segment operates retail specialty pharmacy stores; and specialty mail-order, mail-order dispensing, and compounding pharmacies, as well as branches for infusion and enteral nutrition services. The company's Retail/LTC segment sells prescription and over-the-counter drugs, consumer health and beauty products, and personal care products; and provides health care services through its MinuteClinic walk-in medical clinics. This segment also distributes prescription drugs; and provides related pharmacy consulting and other ancillary services to care facilities and other care settings. As of December 31, 2021, it operated approximately 9,900 retail locations and 1,200 MinuteClinic locations, as well as online retail pharmacy websites, LTC pharmacies, and onsite pharmacies. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was founded in 1963 and is headquartered in Woonsocket, Rhode Island.
NLong
by DivergenceSeeker
2
Pull Back FishingWatching and probably not time yet. Prior H&S. CVS formed an Alternate Bat that ended at the 1.113 and appears to forming another crooked M pattern. Peak 2 is higher than peak 1 which leads on to believe this will be a Shark, a Cypher or a Nen-Star. The Cypher is less common that a Shark and ends at the .786 of the entire structure (XC). I have not found many Nen-Stars either which ends at the 1.272 of the entire structure. The Shark should end at the .886 or the 1.113 of the 1st leg (labeled OX). Overall trend is Down. No recommendation. Earnings 2=8 BMO. EPS (FWD) 8.62 PE (FWD) 10.67 Div Rate (FWD) $2.42 Yield (FWD) 2.63% Short Interest 1.07% Market Cap $120.86B
N
by lauralea
1
Window ClosedLast Friday we started a temporary rise and opened this week with a new gap up and have closed the September 30th window immediately. But this spike up became almost an Island Reversal when we failed to open the day higher today and even opened below yesterday's low. The bulls had the power only to close yesterday's gap up and gave up soon. Thus I expect the downtrend to be in force so that we may see new lows again. After the test of the August highs we have seen lower highs and lows only. And the impressive windows became confirmations of the downtrend when they became closed.
NShort
by motleifaul