US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

1 monthBullish92%
Monthly Upside probability 92%Bullish

CAH 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $93.17 and reclaim $258.3.

Invalidation Trigger

Lose $93.17 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 66.7, MACD 0.583

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $26.87 (11.6%)

Monthly

EMA Structure

Bullish
EMA 8$220.97Bullish
EMA 21$193.06Bullish
EMA 50$148.66Bullish

Signals

CategoryReadStrength
Momentum
RSI 66.7 · MACD 0.583

Momentum is strong

Strength
Bullish
Volatility
ATR $26.87 · BB 69.46%

High volatility

Strength
Bearish
Volume
MFI 62.6 · OBV 78.58%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$93.17 - $258.3

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+23.15% · 2.0 ATR above latest close

$285.17
Nearest resistance

+11.54% · 1.0 ATR above · 34-bar high

$258.3
Current price

Price shown is delayed

$231.57
Nearest support

-59.77% · 5.2 ATR below · 34-bar low

$93.17
Deeper support zone

-71.37% · 6.2 ATR below latest close

$66.3
ATR zone

Latest close ± ATR14

$204.7 - $258.44

Indicators

Trend

Dow Theory Structure

Confirmation $258.3, invalidation $180.45

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

Trend strength is active

64.0 / 35.0 / 9.3Bullish
Supertrend (10,3)

Price is above Supertrend

$148.39Bullish
Ichimoku Cloud

Cloud Span A / Span B

$200.9 / $154.81Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Volatility

ATR (14)

High volatility

$26.87 (11.6%)Bearish
Bollinger Bands (20,2)

Width 69.46%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$249.64 / $140.56Bearish
ATR channel lower / upper

Current Volatility Envelope

$204.7 / $258.44Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$258.3Range
Support

Nearest Downside Decision Level

$93.17Range

Momentum

RSI (14)

Momentum is strong

66.7Bullish
MACD (12,26,9)

Histogram is positive

0.583Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.2 / 75.5Bullish
Williams %R (14)

Neutral zone

-23.8Range
CCI (20)

Balanced zone

84.3Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

62.6Bullish
OBV slope

20-period OBV slope

78.58%Bullish
Volume ratio

Relative to 20-period average volume

0.12xBearish

Trend

Dow Theory Structure

Confirmation $258.3, invalidation $180.45

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

Trend strength is active

64.0 / 35.0 / 9.3Bullish
Supertrend (10,3)

Price is above Supertrend

$148.39Bullish
Ichimoku Cloud

Cloud Span A / Span B

$200.9 / $154.81Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Momentum

RSI (14)

Momentum is strong

66.7Bullish
MACD (12,26,9)

Histogram is positive

0.583Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.2 / 75.5Bullish
Williams %R (14)

Neutral zone

-23.8Range
CCI (20)

Balanced zone

84.3Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$26.87 (11.6%)Bearish
Bollinger Bands (20,2)

Width 69.46%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$249.64 / $140.56Bearish
ATR channel lower / upper

Current Volatility Envelope

$204.7 / $258.44Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

62.6Bullish
OBV slope

20-period OBV slope

78.58%Bullish
Volume ratio

Relative to 20-period average volume

0.12xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$258.3Range
Support

Nearest Downside Decision Level

$93.17Range

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