US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

12 hoursBearish66%
12h Downside probability 66%Bearish

CAH 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $231.22 and stabilize above resistance $243.

Invalidation Trigger

Break above $243 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 47.4, MACD -1.951

12h
Volatility EnvironmentRange
Low volatility

ATR is $3.7 (1.62%)

12h

EMA Structure

Range
EMA 8$230.23Bearish
EMA 21$231.22Bearish
EMA 50$224.62Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.4 · MACD -1.951

Neutral zone

Strength
Bearish
Volatility
ATR $3.7 · BB 7.32%

Low volatility

Strength
Range
Volume
MFI 46.6 · OBV -47.95%

Relative to 20-period average volume

Strength
Range
Price Levels
$219.47 - $243

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+7.96% · 4.9 ATR above latest close

$246.7
Nearest resistance

+6.34% · 3.9 ATR above · 34-bar high

$243
Current price

Price shown is delayed

$228.52
Nearest support

-3.96% · 2.4 ATR below · 34-bar low

$219.47
Deeper support zone

-5.58% · 3.4 ATR below latest close

$215.77
ATR zone

Latest close ± ATR14

$224.82 - $232.22

Indicators

Trend

Dow Theory Structure

Confirmation $231.83, invalidation $237.27

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

39.1 / 17.6 / 37.6Bearish
Supertrend (10,3)

Price is above Supertrend

$218.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$231.4 / $218.5Bearish
Donchian Channel (20)

20-period breakout channel position

24%Range

Volatility

ATR (14)

Low volatility

$3.7 (1.62%)Range
Bollinger Bands (20,2)

Width 7.32%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$239.34 / $223.34Range
ATR channel lower / upper

Current Volatility Envelope

$224.82 / $232.22Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$243Range
Support

Nearest Downside Decision Level

$219.47Range

Momentum

RSI (14)

Neutral zone

47.4Range
MACD (12,26,9)

Histogram is negative

-1.951Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.6 / 17.4Bullish
Williams %R (14)

Neutral zone

-76.4Range
CCI (20)

Balanced zone

-94.6Range
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.6Range
OBV slope

20-period OBV slope

-47.95%Bearish
Volume ratio

Relative to 20-period average volume

1.28xBullish

Trend

Dow Theory Structure

Confirmation $231.83, invalidation $237.27

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

39.1 / 17.6 / 37.6Bearish
Supertrend (10,3)

Price is above Supertrend

$218.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$231.4 / $218.5Bearish
Donchian Channel (20)

20-period breakout channel position

24%Range

Momentum

RSI (14)

Neutral zone

47.4Range
MACD (12,26,9)

Histogram is negative

-1.951Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.6 / 17.4Bullish
Williams %R (14)

Neutral zone

-76.4Range
CCI (20)

Balanced zone

-94.6Range
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volatility

ATR (14)

Low volatility

$3.7 (1.62%)Range
Bollinger Bands (20,2)

Width 7.32%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$239.34 / $223.34Range
ATR channel lower / upper

Current Volatility Envelope

$224.82 / $232.22Range

Volume / Money Flow

MFI (14)

Money flow is neutral

46.6Range
OBV slope

20-period OBV slope

-47.95%Bearish
Volume ratio

Relative to 20-period average volume

1.28xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$243Range
Support

Nearest Downside Decision Level

$219.47Range

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