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 $220.37 and reclaim $244.87.

Invalidation Trigger

Lose $220.37 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 59.0, MACD 0.532

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $5.22 (2.21%)

Daily

EMA Structure

Bullish
EMA 8$234.63Bullish
EMA 21$231.84Bullish
EMA 50$226.08Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.0 · MACD 0.532

Momentum is strong

Strength
Bullish
Volatility
ATR $5.22 · BB 7.88%

Medium volatility

Strength
Range
Volume
MFI 62.2 · OBV 0.06%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$220.37 - $244.87

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.79% · 2.6 ATR above latest close

$250.09
Nearest resistance

+3.58% · 1.6 ATR above · 34-bar high

$244.87
Current price

Price shown is delayed

$236.4
Nearest support

-6.78% · 3.1 ATR below · 34-bar low

$220.37
Deeper support zone

-8.99% · 4.1 ATR below latest close

$215.15
ATR zone

Latest close ± ATR14

$231.18 - $241.62

Indicators

Trend

Dow Theory Structure

Confirmation $244.87, invalidation $224.11

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

Trend strength is active

35.0 / 35.2 / 15.0Bullish
Supertrend (10,3)

Price is above Supertrend

$221.86Bullish
Ichimoku Cloud

Cloud Span A / Span B

$233.56 / $219.44Bullish
Donchian Channel (20)

20-period breakout channel position

65%Range

Volatility

ATR (14)

Medium volatility

$5.22 (2.21%)Range
Bollinger Bands (20,2)

Width 7.88%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$242.82 / $221.21Range
ATR channel lower / upper

Current Volatility Envelope

$231.18 / $241.62Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$244.87Range
Support

Nearest Downside Decision Level

$220.37Range

Momentum

RSI (14)

Momentum is strong

59.0Bullish
MACD (12,26,9)

Histogram is positive

0.532Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.4 / 67.1Bearish
Williams %R (14)

Neutral zone

-34.6Range
CCI (20)

Strong expansion

130.4Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

62.2Bullish
OBV slope

20-period OBV slope

0.06%Bullish
Volume ratio

Relative to 20-period average volume

0.87xBearish

Trend

Dow Theory Structure

Confirmation $244.87, invalidation $224.11

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

Trend strength is active

35.0 / 35.2 / 15.0Bullish
Supertrend (10,3)

Price is above Supertrend

$221.86Bullish
Ichimoku Cloud

Cloud Span A / Span B

$233.56 / $219.44Bullish
Donchian Channel (20)

20-period breakout channel position

65%Range

Momentum

RSI (14)

Momentum is strong

59.0Bullish
MACD (12,26,9)

Histogram is positive

0.532Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.4 / 67.1Bearish
Williams %R (14)

Neutral zone

-34.6Range
CCI (20)

Strong expansion

130.4Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Medium volatility

$5.22 (2.21%)Range
Bollinger Bands (20,2)

Width 7.88%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$242.82 / $221.21Range
ATR channel lower / upper

Current Volatility Envelope

$231.18 / $241.62Range

Volume / Money Flow

MFI (14)

Money flow is strong

62.2Bullish
OBV slope

20-period OBV slope

0.06%Bullish
Volume ratio

Relative to 20-period average volume

0.87xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$244.87Range
Support

Nearest Downside Decision Level

$220.37Range

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