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 $91.04 and reclaim $244.87.

Invalidation Trigger

Lose $91.04 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 70.1, MACD 2.491

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $25.22 (10.67%)

Monthly

EMA Structure

Bullish
EMA 8$217.11Bullish
EMA 21$186.07Bullish
EMA 50$142.21Bullish

Signals

CategoryReadStrength
Momentum
RSI 70.1 · MACD 2.491

Momentum is strong

Strength
Bullish
Volatility
ATR $25.22 · BB 80.80%

High volatility

Strength
Bearish
Volume
MFI 56.3 · OBV 177.46%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$91.04 - $244.87

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+14.25% · 1.3 ATR above latest close

$270.09
Nearest resistance

+3.58% · 0.3 ATR above · 34-bar high

$244.87
Current price

Price shown is delayed

$236.4
Nearest support

-61.49% · 5.8 ATR below · 34-bar low

$91.04
Deeper support zone

-72.16% · 6.8 ATR below latest close

$65.82
ATR zone

Latest close ± ATR14

$211.18 - $261.62

Indicators

Trend

Dow Theory Structure

Confirmation $233.6, invalidation $180.45

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

Trend strength is active

66.8 / 33.5 / 10.8Bullish
Supertrend (10,3)

Price is above Supertrend

$160.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$190.84 / $147.29Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Volatility

ATR (14)

High volatility

$25.22 (10.67%)Bearish
Bollinger Bands (20,2)

Width 80.80%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$239.49 / $136.86Bearish
ATR channel lower / upper

Current Volatility Envelope

$211.18 / $261.62Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$244.87Range
Support

Nearest Downside Decision Level

$91.04Range

Momentum

RSI (14)

Momentum is strong

70.1Bullish
MACD (12,26,9)

Histogram is positive

2.491Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

92.1 / 92.1Bearish
Williams %R (14)

Overbought zone

-7.9Bearish
CCI (20)

Strong expansion

111.6Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.3Bullish
OBV slope

20-period OBV slope

177.46%Bullish
Volume ratio

Relative to 20-period average volume

0.21xBearish

Trend

Dow Theory Structure

Confirmation $233.6, invalidation $180.45

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

Trend strength is active

66.8 / 33.5 / 10.8Bullish
Supertrend (10,3)

Price is above Supertrend

$160.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$190.84 / $147.29Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Momentum

RSI (14)

Momentum is strong

70.1Bullish
MACD (12,26,9)

Histogram is positive

2.491Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

92.1 / 92.1Bearish
Williams %R (14)

Overbought zone

-7.9Bearish
CCI (20)

Strong expansion

111.6Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$25.22 (10.67%)Bearish
Bollinger Bands (20,2)

Width 80.80%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$239.49 / $136.86Bearish
ATR channel lower / upper

Current Volatility Envelope

$211.18 / $261.62Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.3Bullish
OBV slope

20-period OBV slope

177.46%Bullish
Volume ratio

Relative to 20-period average volume

0.21xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$244.87Range
Support

Nearest Downside Decision Level

$91.04Range

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