US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

1 hourBullish80%
1h Upside probability 80%Bullish

CAH 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $222.28 and reclaim $240.37.

Invalidation Trigger

Lose $222.28 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateRange
Momentum mixed

RSI 63.2, MACD -0.041

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.52 (0.64%)

1h

EMA Structure

Bullish
EMA 8$237.92Bearish
EMA 21$235.33Bullish
EMA 50$230.61Bullish

Signals

CategoryReadStrength
Momentum
RSI 63.2 · MACD -0.041

Momentum is strong

Strength
Range
Volatility
ATR $1.52 · BB 3.91%

Low volatility

Strength
Bullish
Volume
MFI 52.9 · OBV 0.11%

Relative to 20-period average volume

Strength
Range
Price Levels
$222.28 - $240.37

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.71% · 2.7 ATR above latest close

$241.89
Nearest resistance

+1.07% · 1.7 ATR above · 34-bar high

$240.37
Current price

Price shown is delayed

$237.82
Nearest support

-6.53% · 10.2 ATR below · 34-bar low

$222.28
Deeper support zone

-7.17% · 11.2 ATR below latest close

$220.76
ATR zone

Latest close ± ATR14

$236.3 - $239.33

Indicators

Trend

Dow Theory Structure

Confirmation $240.37, invalidation $232.5

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

Trend strength is active

53.2 / 47.7 / 30.3Bullish
Supertrend (10,3)

Price is above Supertrend

$233.41Bullish
Ichimoku Cloud

Cloud Span A / Span B

$234.82 / $229.96Bullish
Donchian Channel (20)

20-period breakout channel position

69%Bullish

Volatility

ATR (14)

Low volatility

$1.52 (0.64%)Bullish
Bollinger Bands (20,2)

Width 3.91%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$238.4 / $232.65Bullish
ATR channel lower / upper

Current Volatility Envelope

$236.3 / $239.33Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.37Range
Support

Nearest Downside Decision Level

$222.28Range

Momentum

RSI (14)

Momentum is strong

63.2Bullish
MACD (12,26,9)

Histogram is negative

-0.041Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

67.5 / 75.7Bearish
Williams %R (14)

Neutral zone

-32.5Range
CCI (20)

Balanced zone

58.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.9Range
OBV slope

20-period OBV slope

0.11%Bullish
Volume ratio

Relative to 20-period average volume

1.16xBullish

Trend

Dow Theory Structure

Confirmation $240.37, invalidation $232.5

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

Trend strength is active

53.2 / 47.7 / 30.3Bullish
Supertrend (10,3)

Price is above Supertrend

$233.41Bullish
Ichimoku Cloud

Cloud Span A / Span B

$234.82 / $229.96Bullish
Donchian Channel (20)

20-period breakout channel position

69%Bullish

Momentum

RSI (14)

Momentum is strong

63.2Bullish
MACD (12,26,9)

Histogram is negative

-0.041Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

67.5 / 75.7Bearish
Williams %R (14)

Neutral zone

-32.5Range
CCI (20)

Balanced zone

58.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$1.52 (0.64%)Bullish
Bollinger Bands (20,2)

Width 3.91%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$238.4 / $232.65Bullish
ATR channel lower / upper

Current Volatility Envelope

$236.3 / $239.33Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.9Range
OBV slope

20-period OBV slope

0.11%Bullish
Volume ratio

Relative to 20-period average volume

1.16xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.37Range
Support

Nearest Downside Decision Level

$222.28Range

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