CVS Corporation(CVS) has rising momentum with an uptrend

(28-Feb-2008) (28-Feb-2008) CVS Corporation(CVS) closed at 40.48, up 0.39 or 0.97 % for the day. Based on our analysis, CVS Corporation(CVS) has rising momentum with an uptrend.

The closing price of CVS Corporation(CVS) is above its 50 day moving average of 38.57 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that CVS Corporation(CVS) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 31-Jan-2008, about 20 trading days ago.