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 $85.86 and reclaim $240.37.

Invalidation Trigger

Lose $85.86 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 72.1, MACD 2.695

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $24.53 (10.31%)

Monthly

EMA Structure

Bullish
EMA 8$206.38Bullish
EMA 21$176.16Bullish
EMA 50$132.99Bullish

Signals

CategoryReadStrength
Momentum
RSI 72.1 · MACD 2.695

Momentum is strong

Strength
Bullish
Volatility
ATR $24.53 · BB 86.98%

High volatility

Strength
Bearish
Volume
MFI 55.2 · OBV 764.80%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$85.86 - $240.37

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+11.38% · 1.1 ATR above latest close

$264.9
Nearest resistance

+1.07% · 0.1 ATR above · 34-bar high

$240.37
Current price

Price shown is delayed

$237.83
Nearest support

-63.9% · 6.2 ATR below · 34-bar low

$85.86
Deeper support zone

-74.21% · 7.2 ATR below latest close

$61.33
ATR zone

Latest close ± ATR14

$213.3 - $262.35

Indicators

Trend

Dow Theory Structure

Confirmation $232.96, invalidation $137.95

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

Trend strength is active

66.8 / 40.2 / 12.0Bullish
Supertrend (10,3)

Price is above Supertrend

$135.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$181.18 / $145.04Bullish
Donchian Channel (20)

20-period breakout channel position

98%Bullish

Volatility

ATR (14)

High volatility

$24.53 (10.31%)Bearish
Bollinger Bands (20,2)

Width 86.98%

94%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$232.68 / $123.66Bearish
ATR channel lower / upper

Current Volatility Envelope

$213.3 / $262.35Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.37Range
Support

Nearest Downside Decision Level

$85.86Range

Momentum

RSI (14)

Momentum is strong

72.1Bullish
MACD (12,26,9)

Histogram is positive

2.695Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

97.5 / 76.5Bullish
Williams %R (14)

Overbought zone

-2.5Bearish
CCI (20)

Strong expansion

110.4Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.2Bullish
OBV slope

20-period OBV slope

764.80%Bullish
Volume ratio

Relative to 20-period average volume

0.98xRange

Trend

Dow Theory Structure

Confirmation $232.96, invalidation $137.95

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

Trend strength is active

66.8 / 40.2 / 12.0Bullish
Supertrend (10,3)

Price is above Supertrend

$135.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$181.18 / $145.04Bullish
Donchian Channel (20)

20-period breakout channel position

98%Bullish

Momentum

RSI (14)

Momentum is strong

72.1Bullish
MACD (12,26,9)

Histogram is positive

2.695Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

97.5 / 76.5Bullish
Williams %R (14)

Overbought zone

-2.5Bearish
CCI (20)

Strong expansion

110.4Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$24.53 (10.31%)Bearish
Bollinger Bands (20,2)

Width 86.98%

94%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$232.68 / $123.66Bearish
ATR channel lower / upper

Current Volatility Envelope

$213.3 / $262.35Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.2Bullish
OBV slope

20-period OBV slope

764.80%Bullish
Volume ratio

Relative to 20-period average volume

0.98xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.37Range
Support

Nearest Downside Decision Level

$85.86Range

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