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 $219.43 and reclaim $244.87.

Invalidation Trigger

Lose $219.43 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 57.3, MACD 1.041

12h
Volatility EnvironmentRange
Low volatility

ATR is $5.11 (2.16%)

12h

EMA Structure

Bullish
EMA 8$235.32Bullish
EMA 21$232.34Bullish
EMA 50$228.1Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.3 · MACD 1.041

Momentum is strong

Strength
Bullish
Volatility
ATR $5.11 · BB 9.59%

Low volatility

Strength
Range
Volume
MFI 67.0 · OBV 14.58%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$219.43 - $244.87

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.74% · 2.7 ATR above latest close

$249.98
Nearest resistance

+3.58% · 1.7 ATR above · 34-bar high

$244.87
Current price

Price shown is delayed

$236.4
Nearest support

-7.18% · 3.3 ATR below · 34-bar low

$219.43
Deeper support zone

-9.34% · 4.3 ATR below latest close

$214.32
ATR zone

Latest close ± ATR14

$231.29 - $241.51

Indicators

Trend

Dow Theory Structure

Confirmation $244.87, invalidation $224.11

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

Trend strength is moderate

17.6 / 42.3 / 17.5Bullish
Supertrend (10,3)

Price is above Supertrend

$222.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$233.32 / $232.15Bullish
Donchian Channel (20)

20-period breakout channel position

67%Range

Volatility

ATR (14)

Low volatility

$5.11 (2.16%)Range
Bollinger Bands (20,2)

Width 9.59%

79%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$242.64 / $222.31Range
ATR channel lower / upper

Current Volatility Envelope

$231.29 / $241.51Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$244.87Range
Support

Nearest Downside Decision Level

$219.43Range

Momentum

RSI (14)

Momentum is strong

57.3Bullish
MACD (12,26,9)

Histogram is positive

1.041Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.2 / 71.0Bearish
Williams %R (14)

Neutral zone

-34.8Range
CCI (20)

Strong expansion

117.1Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

67.0Bullish
OBV slope

20-period OBV slope

14.58%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 moderate

17.6 / 42.3 / 17.5Bullish
Supertrend (10,3)

Price is above Supertrend

$222.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$233.32 / $232.15Bullish
Donchian Channel (20)

20-period breakout channel position

67%Range

Momentum

RSI (14)

Momentum is strong

57.3Bullish
MACD (12,26,9)

Histogram is positive

1.041Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.2 / 71.0Bearish
Williams %R (14)

Neutral zone

-34.8Range
CCI (20)

Strong expansion

117.1Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

Low volatility

$5.11 (2.16%)Range
Bollinger Bands (20,2)

Width 9.59%

79%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$242.64 / $222.31Range
ATR channel lower / upper

Current Volatility Envelope

$231.29 / $241.51Range

Volume / Money Flow

MFI (14)

Money flow is strong

67.0Bullish
OBV slope

20-period OBV slope

14.58%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

$219.43Range

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