CVS Health(CVS)

CVS Health (CVS) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for CVS · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$108.08last close · Jul 22, 202652-week range $58.50$110.68 · 2.35% below the high
Rising Wedge · playing out now

CVS is breaking out above a rising wedge — these usually break lower, so a push higher instead is a notably bullish turn.

On this chart, setups like it have followed through about 50% of the time.

As long as price stays above $97.84, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $122.2 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

CVS Rising Wedge Pattern

CVS is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

DirectionBearishTarget$94.78Projected move−16.6%Breakout level$108.72

New to this pattern? What a rising wedge is and how to trade it →

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
CVS win rate
46.7%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

CVS Pattern Trade History

Every completed pattern trade our nightly backtest found on CVS's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeJul 9, 2026 @ $103.60Jul 14, 2026 @ $106.18Loss+17.5% · -1.01R
TriangleApr 28, 2026 @ $79.45May 20, 2026 @ $93.28Win+9.2% · +4.13R
TriangleJan 12, 2026 @ $79.12Jan 15, 2026 @ $81.36Loss+8.2% · -1.14R
TriangleJan 2, 2026 @ $80.25Jan 27, 2026 @ $72.00Loss+7.6% · -2.56R
Falling WedgeDec 11, 2025 @ $79.65Jan 27, 2026 @ $72.00Loss+8.7% · -1.39R
Falling WedgeNov 25, 2025 @ $78.82Dec 3, 2025 @ $75.00Loss+10.2% · -1.33R
TriangleNov 21, 2025 @ $76.36Jan 15, 2026 @ $81.36Loss+9.1% · -1.06R
TriangleMay 12, 2025 @ $65.66Jun 30, 2025 @ $68.98Loss+15.2% · -1.16R
TriangleApr 25, 2025 @ $65.87Aug 26, 2025 @ $71.55Loss+13.7% · -1.02R
Falling WedgeDec 11, 2024 @ $52.24Dec 17, 2024 @ $44.02Win+15.6% · +1.00R
Falling WedgeSep 25, 2024 @ $58.82Oct 15, 2024 @ $65.00Win+13.4% · +3.66R
TriangleAug 2, 2024 @ $58.26Oct 4, 2024 @ $64.59Loss+14.9% · -1.12R

Recent Rising Wedges on Other Charts

LINstopped −4.3%Jul 21, 2026EWstopped −7.5%Jul 20, 2026SPGIstopped −8.3%Jul 16, 2026BROhit target +6.9%Jul 15, 2026

Learn about rising wedge

CVS Support and Resistance Levels

Price is bouncing off a floor near $104.46 and starting to climb. On the weekly chart, the next ceiling overhead sits near $114.46 — about 6% away.

  • Traders commonly watch $114.46 as a target (its 100% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $104.46 floor about a week ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

CVS Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$110.23$110.68$107.87$108.08
Jul 21, 2026$107.84$110.62$107.30$110.60
Jul 20, 2026$107.31$108.90$107.13$107.61
Jul 17, 2026$107.36$108.97$106.61$107.47
Jul 16, 2026$108.12$108.67$105.68$106.50
Jul 15, 2026$105.54$107.94$103.56$105.91
Jul 14, 2026$106.59$106.93$105.10$106.18
Jul 13, 2026$105.00$106.40$104.62$105.90
Jul 10, 2026$103.69$105.46$102.40$104.15
Jul 9, 2026$104.77$105.15$102.34$102.81

CVS Frequently Asked Questions

What chart pattern is CVS forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on CVS Health (CVS) on the daily chart, with a measured-move target of $94.78.
Is a rising wedge bullish or bearish?
The rising wedge detected on CVS is a bearish pattern, projecting a measured-move target of $94.78. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.
What is the price target if CVS's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $94.78 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was CVS's closing price on Jul 22, 2026?
CVS Health (CVS) last closed at $108.08 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.