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 $85.82 and reclaim $243.21.

Invalidation Trigger

Lose $85.82 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 68.3, MACD 2.452

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $25.13 (11%)

Monthly

EMA Structure

Bullish
EMA 8$211.27Bullish
EMA 21$180.9Bullish
EMA 50$138.31Bullish

Signals

CategoryReadStrength
Momentum
RSI 68.3 · MACD 2.452

Momentum is strong

Strength
Bullish
Volatility
ATR $25.13 · BB 84.49%

High volatility

Strength
Bearish
Volume
MFI 57.1 · OBV 281.25%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$85.82 - $243.21

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+17.43% · 1.6 ATR above latest close

$268.34
Nearest resistance

+6.43% · 0.6 ATR above · 34-bar high

$243.21
Current price

Price shown is delayed

$228.52
Nearest support

-62.45% · 5.7 ATR below · 34-bar low

$85.82
Deeper support zone

-73.44% · 6.7 ATR below latest close

$60.69
ATR zone

Latest close ± ATR14

$203.39 - $253.65

Indicators

Trend

Dow Theory Structure

Confirmation $233.6, invalidation $180.45

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

Trend strength is active

68.4 / 36.5 / 10.9Bullish
Supertrend (10,3)

Price is above Supertrend

$147.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$190.01 / $146.46Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Volatility

ATR (14)

High volatility

$25.13 (11%)Bearish
Bollinger Bands (20,2)

Width 84.49%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$240.05 / $125.86Bearish
ATR channel lower / upper

Current Volatility Envelope

$203.39 / $253.65Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$243.21Range
Support

Nearest Downside Decision Level

$85.82Range

Momentum

RSI (14)

Momentum is strong

68.3Bullish
MACD (12,26,9)

Histogram is positive

2.452Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

86.1 / 83.4Bullish
Williams %R (14)

Overbought zone

-13.9Bearish
CCI (20)

Strong expansion

112.0Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

57.1Bullish
OBV slope

20-period OBV slope

281.25%Bullish
Volume ratio

Relative to 20-period average volume

0.59xBearish

Trend

Dow Theory Structure

Confirmation $233.6, invalidation $180.45

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

Trend strength is active

68.4 / 36.5 / 10.9Bullish
Supertrend (10,3)

Price is above Supertrend

$147.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$190.01 / $146.46Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Momentum

RSI (14)

Momentum is strong

68.3Bullish
MACD (12,26,9)

Histogram is positive

2.452Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

86.1 / 83.4Bullish
Williams %R (14)

Overbought zone

-13.9Bearish
CCI (20)

Strong expansion

112.0Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$25.13 (11%)Bearish
Bollinger Bands (20,2)

Width 84.49%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$240.05 / $125.86Bearish
ATR channel lower / upper

Current Volatility Envelope

$203.39 / $253.65Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

57.1Bullish
OBV slope

20-period OBV slope

281.25%Bullish
Volume ratio

Relative to 20-period average volume

0.59xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$243.21Range
Support

Nearest Downside Decision Level

$85.82Range

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