US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

1 dayBullish64%
Daily Upside probability 64%Bullish

CAH 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $220.37 and reclaim $258.3.

Invalidation Trigger

Lose $220.37 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 53.1, MACD -0.107

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $6.07 (2.58%)

Daily

EMA Structure

Bullish
EMA 8$234.73Bullish
EMA 21$233.74Bullish
EMA 50$229.65Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.1 · MACD -0.107

Neutral zone

Strength
Range
Volatility
ATR $6.07 · BB 5.50%

Medium volatility

Strength
Range
Volume
MFI 47.5 · OBV 0.31%

Relative to 20-period average volume

Strength
Range
Price Levels
$220.37 - $258.3

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+12.44% · 4.8 ATR above latest close

$264.37
Nearest resistance

+9.86% · 3.8 ATR above · 34-bar high

$258.3
Current price

Price shown is delayed

$235.13
Nearest support

-6.28% · 2.4 ATR below · 34-bar low

$220.37
Deeper support zone

-8.86% · 3.4 ATR below latest close

$214.3
ATR zone

Latest close ± ATR14

$229.06 - $241.2

Indicators

Trend

Dow Theory Structure

Confirmation $240.88, invalidation $228.16

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

48.4 / 40.3 / 17.9Bullish
Supertrend (10,3)

Price is above Supertrend

$222.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$237.86 / $238.89Bearish
Donchian Channel (20)

20-period breakout channel position

23%Range

Volatility

ATR (14)

Medium volatility

$6.07 (2.58%)Range
Bollinger Bands (20,2)

Width 5.50%

52%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$242.65 / $225.01Range
ATR channel lower / upper

Current Volatility Envelope

$229.06 / $241.2Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$258.3Range
Support

Nearest Downside Decision Level

$220.37Range

Momentum

RSI (14)

Neutral zone

53.1Range
MACD (12,26,9)

Histogram is negative

-0.107Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.1 / 26.7Bearish
Williams %R (14)

Neutral zone

-76.9Range
CCI (20)

Balanced zone

8.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.5Range
OBV slope

20-period OBV slope

0.31%Bullish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Trend

Dow Theory Structure

Confirmation $240.88, invalidation $228.16

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

48.4 / 40.3 / 17.9Bullish
Supertrend (10,3)

Price is above Supertrend

$222.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$237.86 / $238.89Bearish
Donchian Channel (20)

20-period breakout channel position

23%Range

Momentum

RSI (14)

Neutral zone

53.1Range
MACD (12,26,9)

Histogram is negative

-0.107Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.1 / 26.7Bearish
Williams %R (14)

Neutral zone

-76.9Range
CCI (20)

Balanced zone

8.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$6.07 (2.58%)Range
Bollinger Bands (20,2)

Width 5.50%

52%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$242.65 / $225.01Range
ATR channel lower / upper

Current Volatility Envelope

$229.06 / $241.2Range

Volume / Money Flow

MFI (14)

Money flow is neutral

47.5Range
OBV slope

20-period OBV slope

0.31%Bullish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$258.3Range
Support

Nearest Downside Decision Level

$220.37Range

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