US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

1 weekBullish82%
Weekly Upside probability 82%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 $259.21.

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 61.0, MACD 0.886

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $14.15 (5.68%)

Weekly

EMA Structure

Bullish
EMA 8$241.44Bullish
EMA 21$232.65Bullish
EMA 50$215.54Bullish

Signals

CategoryReadStrength
Momentum
RSI 61.0 · MACD 0.886

Momentum is strong

Strength
Bullish
Volatility
ATR $14.15 · BB 15.35%

High volatility

Strength
Bearish
Volume
MFI 69.4 · OBV -2.45%

Relative to 20-period average volume

Strength
Range
Price Levels
$180.45 - $259.21

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+9.81% · 1.7 ATR above latest close

$273.36
Nearest resistance

+4.12% · 0.7 ATR above · 34-bar high

$259.21
Current price

Price shown is delayed

$248.95
Nearest support

-27.52% · 4.8 ATR below · 34-bar low

$180.45
Deeper support zone

-33.2% · 5.8 ATR below latest close

$166.3
ATR zone

Latest close ± ATR14

$234.8 - $263.1

Indicators

Trend

Dow Theory Structure

Confirmation $216.7, invalidation $249.29

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

52.7 / 35.5 / 8.9Bullish
Supertrend (10,3)

Price is above Supertrend

$209.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$228.89 / $219.83Bullish
Donchian Channel (20)

20-period breakout channel position

76%Bullish

Volatility

ATR (14)

High volatility

$14.15 (5.68%)Bearish
Bollinger Bands (20,2)

Width 15.35%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$260.03 / $206.47Bearish
ATR channel lower / upper

Current Volatility Envelope

$234.8 / $263.1Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$259.21Range
Support

Nearest Downside Decision Level

$180.45Range

Momentum

RSI (14)

Momentum is strong

61.0Bullish
MACD (12,26,9)

Histogram is positive

0.886Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.9 / 81.0Bearish
Williams %R (14)

Neutral zone

-24.1Range
CCI (20)

Strong expansion

139.8Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

69.4Bullish
OBV slope

20-period OBV slope

-2.45%Bearish
Volume ratio

Relative to 20-period average volume

0.06xBearish

Trend

Dow Theory Structure

Confirmation $216.7, invalidation $249.29

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

52.7 / 35.5 / 8.9Bullish
Supertrend (10,3)

Price is above Supertrend

$209.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$228.89 / $219.83Bullish
Donchian Channel (20)

20-period breakout channel position

76%Bullish

Momentum

RSI (14)

Momentum is strong

61.0Bullish
MACD (12,26,9)

Histogram is positive

0.886Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.9 / 81.0Bearish
Williams %R (14)

Neutral zone

-24.1Range
CCI (20)

Strong expansion

139.8Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$14.15 (5.68%)Bearish
Bollinger Bands (20,2)

Width 15.35%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$260.03 / $206.47Bearish
ATR channel lower / upper

Current Volatility Envelope

$234.8 / $263.1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

69.4Bullish
OBV slope

20-period OBV slope

-2.45%Bearish
Volume ratio

Relative to 20-period average volume

0.06xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$259.21Range
Support

Nearest Downside Decision Level

$180.45Range

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