US stock / ETF

CVS HEALTH CORPORATION

CVS · NYSE · USD

4 hoursBullish89%
4h Upside probability 89%Bullish

CVS 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $90.11 and reclaim $105.67.

Invalidation Trigger

Lose $90.11 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 62.6, MACD 0.165

4h
Volatility EnvironmentRange
Low volatility

ATR is $1.72 (1.66%)

4h

EMA Structure

Bullish
EMA 8$103.15Bullish
EMA 21$101.18Bullish
EMA 50$97.59Bullish

Signals

CategoryReadStrength
Momentum
RSI 62.6 · MACD 0.165

Momentum is strong

Strength
Bullish
Volatility
ATR $1.72 · BB 7.22%

Low volatility

Strength
Range
Volume
MFI 39.4 · OBV -25.39%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$90.11 - $105.67

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.45% · 2.1 ATR above latest close

$107.39
Nearest resistance

+1.79% · 1.1 ATR above · 34-bar high

$105.67
Current price

Price shown is delayed

$103.81
Nearest support

-13.2% · 8.0 ATR below · 34-bar low

$90.11
Deeper support zone

-14.86% · 9.0 ATR below latest close

$88.39
ATR zone

Latest close ± ATR14

$102.09 - $105.53

Indicators

Trend

Dow Theory Structure

Confirmation $103.1, invalidation $99.97

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

15.5 / 32.7 / 18.2Bullish
Supertrend (10,3)

Price is above Supertrend

$98.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$101.83 / $97.55Bullish
Donchian Channel (20)

20-period breakout channel position

76%Bullish

Volatility

ATR (14)

Low volatility

$1.72 (1.66%)Range
Bollinger Bands (20,2)

Width 7.22%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$105.09 / $97.54Range
ATR channel lower / upper

Current Volatility Envelope

$102.09 / $105.53Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.67Range
Support

Nearest Downside Decision Level

$90.11Range

Momentum

RSI (14)

Momentum is strong

62.6Bullish
MACD (12,26,9)

Histogram is positive

0.165Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.2 / 88.3Bearish
Williams %R (14)

Neutral zone

-23.8Range
CCI (20)

Strong expansion

139.0Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.4Bearish
OBV slope

20-period OBV slope

-25.39%Bearish
Volume ratio

Relative to 20-period average volume

0.51xBearish

Trend

Dow Theory Structure

Confirmation $103.1, invalidation $99.97

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

15.5 / 32.7 / 18.2Bullish
Supertrend (10,3)

Price is above Supertrend

$98.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$101.83 / $97.55Bullish
Donchian Channel (20)

20-period breakout channel position

76%Bullish

Momentum

RSI (14)

Momentum is strong

62.6Bullish
MACD (12,26,9)

Histogram is positive

0.165Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.2 / 88.3Bearish
Williams %R (14)

Neutral zone

-23.8Range
CCI (20)

Strong expansion

139.0Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Low volatility

$1.72 (1.66%)Range
Bollinger Bands (20,2)

Width 7.22%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$105.09 / $97.54Range
ATR channel lower / upper

Current Volatility Envelope

$102.09 / $105.53Range

Volume / Money Flow

MFI (14)

Money flow is weak

39.4Bearish
OBV slope

20-period OBV slope

-25.39%Bearish
Volume ratio

Relative to 20-period average volume

0.51xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.67Range
Support

Nearest Downside Decision Level

$90.11Range

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