HomeBusinessCFS Health stock under the worst possessing in February

CFS Health stock under the worst possessing in February

Is volatility Wall Street teases In the light of the rates of President Donald Trump. Regardless of what the following is, traders can benefit from Schaeffer’s senior quantitative analyst Rocky White’s list of 25 Worst S&P 500 Index (SPX) Shares For February to know which shares they should avoid in the coming weeks. CVS Health Corp (NYSE: CVS) Is among them and justifies a further look.

According to White average CFS on average a loss of 4.3% in February in the past decade, and settled only three times higher in that period. The share was last seen with 0.4% to act at $ 56.28, indicating that a decrease of comparable size would place it closer to the $ 53 region.

CVS Health Stock has tried to distance themselves from December 23, about 12 years low of $ 44.38. However, the last rally of equity lost steam before he conquered $ 58, and today’s losses can cause a fourth consecutive negative session. Shares are also struggling with pressure from the 200-day advancing average and bear an annual basis of 23.1% on an annual basis.

See also  JPMorgan chooses Reed to run government and health care companies

Short -term options traders are already bearish for CFS. According to the PUT/Call Open Interest Ratio (Soir) of the security, which is higher than 86% of the annual readings.

CVS 200 days

- Advertisement -
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments