US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

12 hoursBullish92%
12h Upside probability 92%Bullish

CAH 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $180.61 and reclaim $240.37.

Invalidation Trigger

Lose $180.61 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 77.5, MACD 1.871

12h
Volatility EnvironmentRange
Medium volatility

ATR is $5.81 (2.44%)

12h

EMA Structure

Bullish
EMA 8$229.7Bullish
EMA 21$219.51Bullish
EMA 50$211.72Bullish

Signals

CategoryReadStrength
Momentum
RSI 77.5 · MACD 1.871

Momentum is strong

Strength
Bullish
Volatility
ATR $5.81 · BB 25.98%

Medium volatility

Strength
Range
Volume
MFI 76.8 · OBV 92.82%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$180.61 - $240.37

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.52% · 1.4 ATR above latest close

$246.18
Nearest resistance

+1.07% · 0.4 ATR above · 34-bar high

$240.37
Current price

Price shown is delayed

$237.82
Nearest support

-24.05% · 9.8 ATR below · 34-bar low

$180.61
Deeper support zone

-26.5% · 10.8 ATR below latest close

$174.8
ATR zone

Latest close ± ATR14

$232 - $243.63

Indicators

Trend

Dow Theory Structure

Confirmation $229.67, invalidation $219.55

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

Trend strength is active

60.1 / 47.3 / 9.3Bullish
Supertrend (10,3)

Price is above Supertrend

$222.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$223.6 / $210.49Bullish
Donchian Channel (20)

20-period breakout channel position

94%Bullish

Volatility

ATR (14)

Medium volatility

$5.81 (2.44%)Range
Bollinger Bands (20,2)

Width 25.98%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$230.53 / $209.65Range
ATR channel lower / upper

Current Volatility Envelope

$232 / $243.63Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.37Range
Support

Nearest Downside Decision Level

$180.61Range

Momentum

RSI (14)

Momentum is strong

77.5Bullish
MACD (12,26,9)

Histogram is positive

1.871Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

93.4 / 93.7Bearish
Williams %R (14)

Overbought zone

-6.6Bearish
CCI (20)

Strong expansion

117.0Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

76.8Bullish
OBV slope

20-period OBV slope

92.82%Bullish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Trend

Dow Theory Structure

Confirmation $229.67, invalidation $219.55

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

Trend strength is active

60.1 / 47.3 / 9.3Bullish
Supertrend (10,3)

Price is above Supertrend

$222.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$223.6 / $210.49Bullish
Donchian Channel (20)

20-period breakout channel position

94%Bullish

Momentum

RSI (14)

Momentum is strong

77.5Bullish
MACD (12,26,9)

Histogram is positive

1.871Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

93.4 / 93.7Bearish
Williams %R (14)

Overbought zone

-6.6Bearish
CCI (20)

Strong expansion

117.0Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$5.81 (2.44%)Range
Bollinger Bands (20,2)

Width 25.98%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$230.53 / $209.65Range
ATR channel lower / upper

Current Volatility Envelope

$232 / $243.63Range

Volume / Money Flow

MFI (14)

Money flow is strong

76.8Bullish
OBV slope

20-period OBV slope

92.82%Bullish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.37Range
Support

Nearest Downside Decision Level

$180.61Range

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