US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

CAH 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $180.45 and reclaim $258.3.

Invalidation Trigger

Lose $180.45 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 60.7, MACD 0.473

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $13.65 (5.8%)

Weekly

EMA Structure

Bullish
EMA 8$231.25Bullish
EMA 21$222.84Bullish
EMA 50$205.39Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.7 · MACD 0.473

Momentum is strong

Strength
Bullish
Volatility
ATR $13.65 · BB 31.88%

High volatility

Strength
Bearish
Volume
MFI 66.1 · OBV -3.27%

Relative to 20-period average volume

Strength
Range
Price Levels
$180.45 - $258.3

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+15.66% · 2.7 ATR above latest close

$271.95
Nearest resistance

+9.86% · 1.7 ATR above · 34-bar high

$258.3
Current price

Price shown is delayed

$235.13
Nearest support

-23.26% · 4.0 ATR below · 34-bar low

$180.45
Deeper support zone

-29.06% · 5.0 ATR below latest close

$166.8
ATR zone

Latest close ± ATR14

$221.48 - $248.78

Indicators

Trend

Dow Theory Structure

Confirmation $258.3, invalidation $220.37

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

Trend strength is active

35.2 / 37.9 / 6.6Bullish
Supertrend (10,3)

Price is above Supertrend

$193.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$229.36 / $202.09Bullish
Donchian Channel (20)

20-period breakout channel position

70%Bullish

Volatility

ATR (14)

High volatility

$13.65 (5.8%)Bearish
Bollinger Bands (20,2)

Width 31.88%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$250.97 / $195.92Bearish
ATR channel lower / upper

Current Volatility Envelope

$221.48 / $248.78Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$258.3Range
Support

Nearest Downside Decision Level

$180.45Range

Momentum

RSI (14)

Momentum is strong

60.7Bullish
MACD (12,26,9)

Histogram is positive

0.473Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

64.0 / 63.2Bullish
Williams %R (14)

Neutral zone

-36.0Range
CCI (20)

Balanced zone

69.3Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

66.1Bullish
OBV slope

20-period OBV slope

-3.27%Bearish
Volume ratio

Relative to 20-period average volume

0.44xBearish

Trend

Dow Theory Structure

Confirmation $258.3, invalidation $220.37

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

Trend strength is active

35.2 / 37.9 / 6.6Bullish
Supertrend (10,3)

Price is above Supertrend

$193.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$229.36 / $202.09Bullish
Donchian Channel (20)

20-period breakout channel position

70%Bullish

Momentum

RSI (14)

Momentum is strong

60.7Bullish
MACD (12,26,9)

Histogram is positive

0.473Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

64.0 / 63.2Bullish
Williams %R (14)

Neutral zone

-36.0Range
CCI (20)

Balanced zone

69.3Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$13.65 (5.8%)Bearish
Bollinger Bands (20,2)

Width 31.88%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$250.97 / $195.92Bearish
ATR channel lower / upper

Current Volatility Envelope

$221.48 / $248.78Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

66.1Bullish
OBV slope

20-period OBV slope

-3.27%Bearish
Volume ratio

Relative to 20-period average volume

0.44xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$258.3Range
Support

Nearest Downside Decision Level

$180.45Range

Related Forecasts