US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

1 dayBearish71%
Daily Downside probability 71%Bearish

CAH 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $235.85 and stabilize above resistance $258.3.

Invalidation Trigger

Break above $258.3 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 40.0, MACD -1.474

Daily
Volatility EnvironmentRange
Low volatility

ATR is $4.59 (2.01%)

Daily

EMA Structure

Range
EMA 8$234.36Bearish
EMA 21$235.85Bearish
EMA 50$232.87Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.0 · MACD -1.474

Momentum is weak

Strength
Bearish
Volatility
ATR $4.59 · BB 9.73%

Low volatility

Strength
Range
Volume
MFI 38.6 · OBV -0.74%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$225.39 - $258.3

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+15.06% · 7.5 ATR above latest close

$262.89
Nearest resistance

+13.05% · 6.5 ATR above · 34-bar high

$258.3
Current price

Price shown is delayed

$228.48
Nearest support

-1.35% · 0.7 ATR below · 34-bar low

$225.39
Deeper support zone

-3.36% · 1.7 ATR below latest close

$220.8
ATR zone

Latest close ± ATR14

$223.89 - $233.07

Indicators

Trend

Dow Theory Structure

Confirmation $249.29, invalidation $233.65

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

Trend strength is active

28.4 / 20.8 / 37.5Bearish
Supertrend (10,3)

Price is above Supertrend

$216.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$238.35 / $239.34Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

Low volatility

$4.59 (2.01%)Range
Bollinger Bands (20,2)

Width 9.73%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$245.02 / $226.73Range
ATR channel lower / upper

Current Volatility Envelope

$223.89 / $233.07Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$258.3Range
Support

Nearest Downside Decision Level

$225.39Range

Momentum

RSI (14)

Momentum is weak

40.0Bearish
MACD (12,26,9)

Histogram is negative

-1.474Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.9 / 9.6Bearish
Williams %R (14)

Oversold zone

-95.1Bullish
CCI (20)

Weak expansion

-112.8Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

38.6Bearish
OBV slope

20-period OBV slope

-0.74%Bearish
Volume ratio

Relative to 20-period average volume

0.09xBearish

Trend

Dow Theory Structure

Confirmation $249.29, invalidation $233.65

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

Trend strength is active

28.4 / 20.8 / 37.5Bearish
Supertrend (10,3)

Price is above Supertrend

$216.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$238.35 / $239.34Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

40.0Bearish
MACD (12,26,9)

Histogram is negative

-1.474Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.9 / 9.6Bearish
Williams %R (14)

Oversold zone

-95.1Bullish
CCI (20)

Weak expansion

-112.8Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$4.59 (2.01%)Range
Bollinger Bands (20,2)

Width 9.73%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$245.02 / $226.73Range
ATR channel lower / upper

Current Volatility Envelope

$223.89 / $233.07Range

Volume / Money Flow

MFI (14)

Money flow is weak

38.6Bearish
OBV slope

20-period OBV slope

-0.74%Bearish
Volume ratio

Relative to 20-period average volume

0.09xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$258.3Range
Support

Nearest Downside Decision Level

$225.39Range

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