CVS Health Corporations stock price (CVS) inched higher in latest intraday trading, benefiting from dynamic support due to trading above the 50-day SMA, amid the dominance of the main upward trend in the short term and trading alongside a rising trend line. Additionally, we notice positive crossovers beginning to form on the Stochastic after reaching extremely oversold levels, exaggerated relative to the price movement suggesting the start of a positive divergence.

Therefore we expect the stock to rise in upcoming trading, as long as it remains above the price of $65.35, targeting the pivotal resistance of $72.50.

Todays price forecast: Bullish