US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

1 hourBearish60%
1h Downside probability 60%Bearish

CAH 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $229.3 and stabilize above resistance $232.82.

Invalidation Trigger

Break above $232.82 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 46.5, MACD 0.158

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.32 (0.58%)

1h

EMA Structure

Range
EMA 8$229.37Bearish
EMA 21$229.3Bearish
EMA 50$230.62Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.5 · MACD 0.158

Neutral zone

Strength
Bearish
Volatility
ATR $1.32 · BB 3.40%

Low volatility

Strength
Bullish
Volume
MFI 26.3 · OBV -27.86%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$224.05 - $232.82

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.46% · 4.2 ATR above latest close

$234.14
Nearest resistance

+1.88% · 3.2 ATR above · 34-bar high

$232.82
Current price

Price shown is delayed

$228.52
Nearest support

-1.96% · 3.4 ATR below · 34-bar low

$224.05
Deeper support zone

-2.54% · 4.4 ATR below latest close

$222.73
ATR zone

Latest close ± ATR14

$227.2 - $229.84

Indicators

Trend

Dow Theory Structure

Confirmation $232.82, invalidation $228.43

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

Trend strength is moderate

21.7 / 37.9 / 20.5Bullish
Supertrend (10,3)

Price is above Supertrend

$224.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$229.53 / $230.66Bearish
Donchian Channel (20)

20-period breakout channel position

51%Range

Volatility

ATR (14)

Low volatility

$1.32 (0.58%)Bullish
Bollinger Bands (20,2)

Width 3.40%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$231.87 / $226.7Bullish
ATR channel lower / upper

Current Volatility Envelope

$227.2 / $229.84Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$232.82Range
Support

Nearest Downside Decision Level

$224.05Range

Momentum

RSI (14)

Neutral zone

46.5Range
MACD (12,26,9)

Histogram is positive

0.158Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.4 / 43.6Bearish
Williams %R (14)

Neutral zone

-70.6Range
CCI (20)

Balanced zone

-0.4Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

26.3Bearish
OBV slope

20-period OBV slope

-27.86%Bearish
Volume ratio

Relative to 20-period average volume

3.65xBullish

Trend

Dow Theory Structure

Confirmation $232.82, invalidation $228.43

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

Trend strength is moderate

21.7 / 37.9 / 20.5Bullish
Supertrend (10,3)

Price is above Supertrend

$224.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$229.53 / $230.66Bearish
Donchian Channel (20)

20-period breakout channel position

51%Range

Momentum

RSI (14)

Neutral zone

46.5Range
MACD (12,26,9)

Histogram is positive

0.158Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.4 / 43.6Bearish
Williams %R (14)

Neutral zone

-70.6Range
CCI (20)

Balanced zone

-0.4Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$1.32 (0.58%)Bullish
Bollinger Bands (20,2)

Width 3.40%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$231.87 / $226.7Bullish
ATR channel lower / upper

Current Volatility Envelope

$227.2 / $229.84Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

26.3Bearish
OBV slope

20-period OBV slope

-27.86%Bearish
Volume ratio

Relative to 20-period average volume

3.65xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$232.82Range
Support

Nearest Downside Decision Level

$224.05Range

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