CVS Health Corporation (CVS) Spiked Up 1.2% – Here’s Why

In its latest trading session, CVS Health Corporation (CVS) spiked up by 1.2% – here is what that looked like (as of 2019-11-08):

Why are these moves happning?? To understand this better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.042, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.712, an Accumulation/Distribution Index (ADI) of 0.712, an On-Balance Volume (OBV) of 882.294, and a Chaiikin Money Flow (CMF) of -70.93. 11.133

Now let’s plug these indicators in. According to Trading View, we can conclude the following:

That is what an analysis of technical indicators seems to indicate for CVS Health Corporation (CVS). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.

Becky Steen

My name is Becky Steen, I am a technology writer who has been writing for this website for the past 4 months. You can contact me and ask me anything about science and technology. I especially like researching new gadgets. Most recently, at the request of many of our readers, I have started providing technical stock analysis news.

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Becky Steen