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Mixed Signals After 4.8% Surge

Mixed Signals After 4.8% Surge

CVS daily chart with EMA20, EMA50 and volume
CVS — daily chart with candlesticks, EMA20/EMA50 and volume.

Key takeaways

  • CVS Health Corporation stock surged 4.8% on September 25, closing at $89.13 and reclaiming the 200-day EMA at $88.91.
  • The daily trend remains bearish, with price still below the 20-day EMA at $91.42 and the 50-day EMA at $94.58.
  • Daily RSI14 at 40.05 and a negative MACD histogram at -0.55 confirm the broader downtrend is intact.
  • Hourly momentum has flipped bullish with a MACD crossover, though RSI14 at 69.03 now nears overbought territory.
  • Key levels to watch: R1 resistance at $90.75 and S1 support at $86.10, framing the immediate decision zone.

CVS Health Corporation stock surged 4.8% on September 25, closing at $89.13 after eight consecutive losing…

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