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 67.1, MACD 1.481

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $26.71 (11.69%)

Monthly

EMA Structure

Bullish
EMA 8$219.26Bullish
EMA 21$189.75Bullish
EMA 50$145.51Bullish

Signals

CategoryReadStrength
Momentum
RSI 67.1 · MACD 1.481

Momentum is strong

Strength
Bullish
Volatility
ATR $26.71 · BB 75.19%

High volatility

Strength
Bearish
Volume
MFI 59.9 · OBV 125.74%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$93.17 - $258.3

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+24.78% · 2.1 ATR above latest close

$285.01
Nearest resistance

+13.09% · 1.1 ATR above · 34-bar high

$258.3
Current price

Price shown is delayed

$228.41
Nearest support

-59.21% · 5.1 ATR below · 34-bar low

$93.17
Deeper support zone

-70.9% · 6.1 ATR below latest close

$66.46
ATR zone

Latest close ± ATR14

$201.69 - $255.12

Indicators

Trend

Dow Theory Structure

Confirmation $233.6, invalidation $180.45

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

Trend strength is active

64.6 / 35.2 / 10.4Bullish
Supertrend (10,3)

Price is above Supertrend

$158.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$198.28 / $154Bullish
Donchian Channel (20)

20-period breakout channel position

78%Bullish

Volatility

ATR (14)

High volatility

$26.71 (11.69%)Bearish
Bollinger Bands (20,2)

Width 75.19%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$245.13 / $138.51Bearish
ATR channel lower / upper

Current Volatility Envelope

$201.69 / $255.12Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$258.3Range
Support

Nearest Downside Decision Level

$93.17Range

Momentum

RSI (14)

Momentum is strong

67.1Bullish
MACD (12,26,9)

Histogram is positive

1.481Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.2 / 80.9Bearish
Williams %R (14)

Neutral zone

-24.8Range
CCI (20)

Balanced zone

97.9Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

59.9Bullish
OBV slope

20-period OBV slope

125.74%Bullish
Volume ratio

Relative to 20-period average volume

0.28xBearish

Trend

Dow Theory Structure

Confirmation $233.6, invalidation $180.45

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

Trend strength is active

64.6 / 35.2 / 10.4Bullish
Supertrend (10,3)

Price is above Supertrend

$158.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$198.28 / $154Bullish
Donchian Channel (20)

20-period breakout channel position

78%Bullish

Momentum

RSI (14)

Momentum is strong

67.1Bullish
MACD (12,26,9)

Histogram is positive

1.481Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.2 / 80.9Bearish
Williams %R (14)

Neutral zone

-24.8Range
CCI (20)

Balanced zone

97.9Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$26.71 (11.69%)Bearish
Bollinger Bands (20,2)

Width 75.19%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$245.13 / $138.51Bearish
ATR channel lower / upper

Current Volatility Envelope

$201.69 / $255.12Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

59.9Bullish
OBV slope

20-period OBV slope

125.74%Bullish
Volume ratio

Relative to 20-period average volume

0.28xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$258.3Range
Support

Nearest Downside Decision Level

$93.17Range

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