US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

1 dayBullish92%
Daily Upside probability 92%Bullish

CAH 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $216.7 and reclaim $259.21.

Invalidation Trigger

Lose $216.7 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 57.8, MACD 0.382

Daily
Volatility EnvironmentRange
Low volatility

ATR is $4.82 (1.94%)

Daily

EMA Structure

Bullish
EMA 8$250.55Bearish
EMA 21$244.78Bullish
EMA 50$238.36Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.8 · MACD 0.382

Momentum is strong

Strength
Bullish
Volatility
ATR $4.82 · BB 17.81%

Low volatility

Strength
Range
Volume
MFI 69.5 · OBV 0.47%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$216.7 - $259.21

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+6.38% · 3.3 ATR above latest close

$264.03
Nearest resistance

+4.44% · 2.3 ATR above · 34-bar high

$259.21
Current price

Price shown is delayed

$248.19
Nearest support

-12.69% · 6.5 ATR below · 34-bar low

$216.7
Deeper support zone

-14.63% · 7.5 ATR below latest close

$211.88
ATR zone

Latest close ± ATR14

$243.37 - $253.01

Indicators

Trend

Dow Theory Structure

Confirmation $259.21, invalidation $236.19

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

58.6 / 37.6 / 15.8Bullish
Supertrend (10,3)

Price is above Supertrend

$235.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$245.62 / $237.95Bullish
Donchian Channel (20)

20-period breakout channel position

70%Bullish

Volatility

ATR (14)

Low volatility

$4.82 (1.94%)Range
Bollinger Bands (20,2)

Width 17.81%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$254.32 / $236Range
ATR channel lower / upper

Current Volatility Envelope

$243.37 / $253.01Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$259.21Range
Support

Nearest Downside Decision Level

$216.7Range

Momentum

RSI (14)

Momentum is strong

57.8Bullish
MACD (12,26,9)

Histogram is positive

0.382Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.6 / 65.5Bearish
Williams %R (14)

Neutral zone

-39.4Range
CCI (20)

Balanced zone

41.9Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

69.5Bullish
OBV slope

20-period OBV slope

0.47%Bullish
Volume ratio

Relative to 20-period average volume

0.34xBearish

Trend

Dow Theory Structure

Confirmation $259.21, invalidation $236.19

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

58.6 / 37.6 / 15.8Bullish
Supertrend (10,3)

Price is above Supertrend

$235.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$245.62 / $237.95Bullish
Donchian Channel (20)

20-period breakout channel position

70%Bullish

Momentum

RSI (14)

Momentum is strong

57.8Bullish
MACD (12,26,9)

Histogram is positive

0.382Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.6 / 65.5Bearish
Williams %R (14)

Neutral zone

-39.4Range
CCI (20)

Balanced zone

41.9Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$4.82 (1.94%)Range
Bollinger Bands (20,2)

Width 17.81%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$254.32 / $236Range
ATR channel lower / upper

Current Volatility Envelope

$243.37 / $253.01Range

Volume / Money Flow

MFI (14)

Money flow is strong

69.5Bullish
OBV slope

20-period OBV slope

0.47%Bullish
Volume ratio

Relative to 20-period average volume

0.34xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$259.21Range
Support

Nearest Downside Decision Level

$216.7Range

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