US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

1 weekBullish77%
Weekly Upside probability 77%Bullish

CAH 1W chart

EMA21EMA50Bollinger
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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 StateRange
Momentum mixed

RSI 53.4, MACD -0.370

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $13.45 (5.89%)

Weekly

EMA Structure

Bullish
EMA 8$233.27Bearish
EMA 21$226.11Bullish
EMA 50$208.89Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.4 · MACD -0.370

Neutral zone

Strength
Range
Volatility
ATR $13.45 · BB 30.45%

High volatility

Strength
Bearish
Volume
MFI 62.5 · OBV 8.02%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$180.45 - $258.3

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+18.98% · 3.2 ATR above latest close

$271.75
Nearest resistance

+13.09% · 2.2 ATR above · 34-bar high

$258.3
Current price

Price shown is delayed

$228.41
Nearest support

-21% · 3.6 ATR below · 34-bar low

$180.45
Deeper support zone

-26.89% · 4.6 ATR below latest close

$167
ATR zone

Latest close ± ATR14

$214.95 - $241.86

Indicators

Trend

Dow Theory Structure

Confirmation $249.29, invalidation $228.16

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

41.9 / 30.7 / 10.0Bullish
Supertrend (10,3)

Price is above Supertrend

$190.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$229.36 / $202.09Bearish
Donchian Channel (20)

20-period breakout channel position

62%Range

Volatility

ATR (14)

High volatility

$13.45 (5.89%)Bearish
Bollinger Bands (20,2)

Width 30.45%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$254.69 / $198.68Bearish
ATR channel lower / upper

Current Volatility Envelope

$214.95 / $241.86Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$258.3Range
Support

Nearest Downside Decision Level

$180.45Range

Momentum

RSI (14)

Neutral zone

53.4Range
MACD (12,26,9)

Histogram is negative

-0.370Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.0 / 54.8Bearish
Williams %R (14)

Neutral zone

-77.0Range
CCI (20)

Balanced zone

35.3Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

62.5Bullish
OBV slope

20-period OBV slope

8.02%Bullish
Volume ratio

Relative to 20-period average volume

0.35xBearish

Trend

Dow Theory Structure

Confirmation $249.29, invalidation $228.16

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

41.9 / 30.7 / 10.0Bullish
Supertrend (10,3)

Price is above Supertrend

$190.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$229.36 / $202.09Bearish
Donchian Channel (20)

20-period breakout channel position

62%Range

Momentum

RSI (14)

Neutral zone

53.4Range
MACD (12,26,9)

Histogram is negative

-0.370Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.0 / 54.8Bearish
Williams %R (14)

Neutral zone

-77.0Range
CCI (20)

Balanced zone

35.3Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$13.45 (5.89%)Bearish
Bollinger Bands (20,2)

Width 30.45%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$254.69 / $198.68Bearish
ATR channel lower / upper

Current Volatility Envelope

$214.95 / $241.86Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

62.5Bullish
OBV slope

20-period OBV slope

8.02%Bullish
Volume ratio

Relative to 20-period average volume

0.35xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$258.3Range
Support

Nearest Downside Decision Level

$180.45Range

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