CVS Caremark Corp.(CVS) has rising momentum with an uptrend

(28-Apr-2008) (28-Apr-2008) CVS Caremark Corp.(CVS) closed at 41.03, up 0.1 or 0.24 % for the day. Based on our analysis, CVS Caremark Corp.(CVS) has rising momentum with an uptrend.

The closing price of CVS Caremark Corp.(CVS) is above its 50 day moving average of 40.18 (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 Caremark Corp.(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 25-Apr-2008, about 3 trading days ago.