US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

1 dayBullish71%
Daily Upside probability 71%Bullish

CAH 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $216.7 and reclaim $249.29.

Invalidation Trigger

Lose $216.7 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 55.6, MACD 1.194

Daily
Volatility EnvironmentRange
Low volatility

ATR is $4.85 (2.08%)

Daily

EMA Structure

Range
EMA 8$229.3Bullish
EMA 21$229.25Bullish
EMA 50$229.94Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.6 · MACD 1.194

Momentum is strong

Strength
Bullish
Volatility
ATR $4.85 · BB 9.47%

Low volatility

Strength
Range
Volume
MFI 44.4 · OBV -4.23%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$216.7 - $249.29

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+8.93% · 4.3 ATR above latest close

$254.14
Nearest resistance

+6.85% · 3.3 ATR above · 34-bar high

$249.29
Current price

Price shown is delayed

$233.3
Nearest support

-7.12% · 3.4 ATR below · 34-bar low

$216.7
Deeper support zone

-9.19% · 4.4 ATR below latest close

$211.85
ATR zone

Latest close ± ATR14

$228.45 - $238.15

Indicators

Trend

Dow Theory Structure

Confirmation $235.95, invalidation $216.7

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

Trend strength is active

51.8 / 31.9 / 21.3Bullish
Supertrend (10,3)

Price is above Supertrend

$219.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$229.67 / $237.5Bearish
Donchian Channel (20)

20-period breakout channel position

65%Range

Volatility

ATR (14)

Low volatility

$4.85 (2.08%)Range
Bollinger Bands (20,2)

Width 9.47%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$239.28 / $219.04Range
ATR channel lower / upper

Current Volatility Envelope

$228.45 / $238.15Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$249.29Range
Support

Nearest Downside Decision Level

$216.7Range

Momentum

RSI (14)

Momentum is strong

55.6Bullish
MACD (12,26,9)

Histogram is positive

1.194Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

86.1 / 80.9Bullish
Williams %R (14)

Overbought zone

-13.9Bearish
CCI (20)

Balanced zone

78.5Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.4Bearish
OBV slope

20-period OBV slope

-4.23%Bearish
Volume ratio

Relative to 20-period average volume

0.08xBearish

Trend

Dow Theory Structure

Confirmation $235.95, invalidation $216.7

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

Trend strength is active

51.8 / 31.9 / 21.3Bullish
Supertrend (10,3)

Price is above Supertrend

$219.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$229.67 / $237.5Bearish
Donchian Channel (20)

20-period breakout channel position

65%Range

Momentum

RSI (14)

Momentum is strong

55.6Bullish
MACD (12,26,9)

Histogram is positive

1.194Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

86.1 / 80.9Bullish
Williams %R (14)

Overbought zone

-13.9Bearish
CCI (20)

Balanced zone

78.5Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Low volatility

$4.85 (2.08%)Range
Bollinger Bands (20,2)

Width 9.47%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$239.28 / $219.04Range
ATR channel lower / upper

Current Volatility Envelope

$228.45 / $238.15Range

Volume / Money Flow

MFI (14)

Money flow is weak

44.4Bearish
OBV slope

20-period OBV slope

-4.23%Bearish
Volume ratio

Relative to 20-period average volume

0.08xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$249.29Range
Support

Nearest Downside Decision Level

$216.7Range

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