CVS's most recent trend suggests a bullish bias. One trading opportunity on CVS is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 16.82% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $4.28 would be incurred if the stock dropped below the $70.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for CVS is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for CVS is bullish.
The RSI indicator is at 74.9 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CVS
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Wed, 17 Jan 2018 05:01:45 +0000
The packets have a solution that neutralizes opioids.
Walmart offers free opioid disposal product in effort to fight painkiller abuse epidemic
Wed, 17 Jan 2018 05:01:00 +0000
The product, DisposeRX, mixes with drugs and warm water to form a solid that can be safely thrown out in the trash.
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Tue, 16 Jan 2018 20:25:41 +0000
There’s no denying Snapchat, owned and operated by parent company Snap Inc (NYSE:SNAP), is a clever and fun little app that lets users embellish and send pictures to their friends. Rival Facebook Inc (NASDAQ:FB) was first, and to the extent Facebook alone wasn’t enough to compete with Snapchat head-to-head, Facebook’s acquisition of Instagram in 2012 still put it out in front of Snapchat. In the meantime, Facebook has essentially copied Snapchat’s every feature as it was added, never letting the younger rival even have a chance of gaining any real market share.
CVS joins the backlash against airbrushing
Tue, 16 Jan 2018 19:28:45 +0000
Airbrushing apps promote worrying trends on Facebook and Instagram about what is considered beautiful.
T Rowe Price Equity Income Fund Establishes 4 New Positions
Tue, 16 Jan 2018 18:31:10 +0000
Fund reports 4th quarter portfolio
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