US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

12 hoursBearish73%
12h Downside probability 73%Bearish

CAH 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $236.61 and stabilize above resistance $249.29.

Invalidation Trigger

Break above $249.29 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 35.6, MACD -1.683

12h
Volatility EnvironmentRange
Low volatility

ATR is $4.4 (1.93%)

12h

EMA Structure

Range
EMA 8$234.17Bearish
EMA 21$236.61Bearish
EMA 50$235.06Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.6 · MACD -1.683

Momentum is weak

Strength
Bearish
Volatility
ATR $4.4 · BB 9.83%

Low volatility

Strength
Range
Volume
MFI 9.4 · OBV -12.36%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$227.4 - $249.29

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+11.07% · 5.7 ATR above latest close

$253.69
Nearest resistance

+9.14% · 4.7 ATR above · 34-bar high

$249.29
Current price

Price shown is delayed

$228.41
Nearest support

-0.44% · 0.2 ATR below · 34-bar low

$227.4
Deeper support zone

-2.37% · 1.2 ATR below latest close

$223
ATR zone

Latest close ± ATR14

$224.01 - $232.8

Indicators

Trend

Dow Theory Structure

Confirmation $242.12, invalidation $233.65

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

23.7 / 13.8 / 36.2Bearish
Supertrend (10,3)

Price is above Supertrend

$217.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$237.52 / $236.77Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

Low volatility

$4.4 (1.93%)Range
Bollinger Bands (20,2)

Width 9.83%

7%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$244.86 / $228.29Range
ATR channel lower / upper

Current Volatility Envelope

$224.01 / $232.8Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$249.29Range
Support

Nearest Downside Decision Level

$227.4Range

Momentum

RSI (14)

Momentum is weak

35.6Bearish
MACD (12,26,9)

Histogram is negative

-1.683Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.6 / 7.5Bearish
Williams %R (14)

Oversold zone

-95.4Bullish
CCI (20)

Weak expansion

-130.1Bearish
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

9.4Bearish
OBV slope

20-period OBV slope

-12.36%Bearish
Volume ratio

Relative to 20-period average volume

0.27xBearish

Trend

Dow Theory Structure

Confirmation $242.12, invalidation $233.65

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

23.7 / 13.8 / 36.2Bearish
Supertrend (10,3)

Price is above Supertrend

$217.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$237.52 / $236.77Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

35.6Bearish
MACD (12,26,9)

Histogram is negative

-1.683Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.6 / 7.5Bearish
Williams %R (14)

Oversold zone

-95.4Bullish
CCI (20)

Weak expansion

-130.1Bearish
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volatility

ATR (14)

Low volatility

$4.4 (1.93%)Range
Bollinger Bands (20,2)

Width 9.83%

7%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$244.86 / $228.29Range
ATR channel lower / upper

Current Volatility Envelope

$224.01 / $232.8Range

Volume / Money Flow

MFI (14)

Money flow is weak

9.4Bearish
OBV slope

20-period OBV slope

-12.36%Bearish
Volume ratio

Relative to 20-period average volume

0.27xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$249.29Range
Support

Nearest Downside Decision Level

$227.4Range

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