US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

1 hourBearish58%
1h Downside probability 58%Bearish

CAH 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $235.74 and stabilize above resistance $239.62.

Invalidation Trigger

Break above $239.62 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 47.5, MACD -0.473

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.8751 (0.37%)

1h

EMA Structure

Range
EMA 8$235.59Bearish
EMA 21$235.74Bearish
EMA 50$234.82Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.5 · MACD -0.473

Neutral zone

Strength
Bearish
Volatility
ATR $0.8751 · BB 2.32%

Low volatility

Strength
Bullish
Volume
MFI 71.4 · OBV 7.98%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$228.65 - $239.62

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.28% · 6.1 ATR above latest close

$240.5
Nearest resistance

+1.91% · 5.1 ATR above · 34-bar high

$239.62
Current price

Price shown is delayed

$235.13
Nearest support

-2.76% · 7.4 ATR below · 34-bar low

$228.65
Deeper support zone

-3.13% · 8.4 ATR below latest close

$227.77
ATR zone

Latest close ± ATR14

$234.25 - $236.01

Indicators

Trend

Dow Theory Structure

Confirmation $234.24, invalidation $239.15

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

Trend strength is active

34.7 / 6.9 / 44.8Bearish
Supertrend (10,3)

Price is above Supertrend

$232.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$235.93 / $233.89Bearish
Donchian Channel (20)

20-period breakout channel position

17%Range

Volatility

ATR (14)

Low volatility

$0.8751 (0.37%)Bullish
Bollinger Bands (20,2)

Width 2.32%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$237.6 / $233.94Bullish
ATR channel lower / upper

Current Volatility Envelope

$234.25 / $236.01Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$239.62Range
Support

Nearest Downside Decision Level

$228.65Range

Momentum

RSI (14)

Neutral zone

47.5Range
MACD (12,26,9)

Histogram is negative

-0.473Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.1 / 18.1Bullish
Williams %R (14)

Oversold zone

-81.9Bullish
CCI (20)

Balanced zone

-88.7Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

71.4Bullish
OBV slope

20-period OBV slope

7.98%Bullish
Volume ratio

Relative to 20-period average volume

2.77xBullish

Trend

Dow Theory Structure

Confirmation $234.24, invalidation $239.15

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

Trend strength is active

34.7 / 6.9 / 44.8Bearish
Supertrend (10,3)

Price is above Supertrend

$232.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$235.93 / $233.89Bearish
Donchian Channel (20)

20-period breakout channel position

17%Range

Momentum

RSI (14)

Neutral zone

47.5Range
MACD (12,26,9)

Histogram is negative

-0.473Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.1 / 18.1Bullish
Williams %R (14)

Oversold zone

-81.9Bullish
CCI (20)

Balanced zone

-88.7Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.8751 (0.37%)Bullish
Bollinger Bands (20,2)

Width 2.32%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$237.6 / $233.94Bullish
ATR channel lower / upper

Current Volatility Envelope

$234.25 / $236.01Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

71.4Bullish
OBV slope

20-period OBV slope

7.98%Bullish
Volume ratio

Relative to 20-period average volume

2.77xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$239.62Range
Support

Nearest Downside Decision Level

$228.65Range

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