US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

1 weekBullish88%
Weekly Upside probability 88%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 $180.61 and reclaim $240.37.

Invalidation Trigger

Lose $180.61 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 66.2, MACD 1.565

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $12.94 (5.44%)

Weekly

EMA Structure

Bullish
EMA 8$215.91Bullish
EMA 21$209.07Bullish
EMA 50$193.41Bullish

Signals

CategoryReadStrength
Momentum
RSI 66.2 · MACD 1.565

Momentum is strong

Strength
Bullish
Volatility
ATR $12.94 · BB 24.85%

High volatility

Strength
Bearish
Volume
MFI 56.8 · OBV -6.79%

Relative to 20-period average volume

Strength
Range
Price Levels
$180.61 - $240.37

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+6.51% · 1.2 ATR above latest close

$253.31
Nearest resistance

+1.07% · 0.2 ATR above · 34-bar high

$240.37
Current price

Price shown is delayed

$237.83
Nearest support

-24.06% · 4.4 ATR below · 34-bar low

$180.61
Deeper support zone

-29.5% · 5.4 ATR below latest close

$167.67
ATR zone

Latest close ± ATR14

$224.89 - $250.76

Indicators

Trend

Dow Theory Structure

Confirmation $217.66, invalidation $194.12

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

Trend strength is active

29.3 / 28.3 / 18.2Bullish
Supertrend (10,3)

Price is above Supertrend

$186.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$210.49 / $189.16Bullish
Donchian Channel (20)

20-period breakout channel position

96%Bullish

Volatility

ATR (14)

High volatility

$12.94 (5.44%)Bearish
Bollinger Bands (20,2)

Width 24.85%

100%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$239.56 / $179.43Bearish
ATR channel lower / upper

Current Volatility Envelope

$224.89 / $250.76Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.37Range
Support

Nearest Downside Decision Level

$180.61Range

Momentum

RSI (14)

Momentum is strong

66.2Bullish
MACD (12,26,9)

Histogram is positive

1.565Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

95.7 / 92.7Bullish
Williams %R (14)

Overbought zone

-4.3Bearish
CCI (20)

Strong expansion

147.8Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.8Bullish
OBV slope

20-period OBV slope

-6.79%Bearish
Volume ratio

Relative to 20-period average volume

0.84xBearish

Trend

Dow Theory Structure

Confirmation $217.66, invalidation $194.12

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

Trend strength is active

29.3 / 28.3 / 18.2Bullish
Supertrend (10,3)

Price is above Supertrend

$186.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$210.49 / $189.16Bullish
Donchian Channel (20)

20-period breakout channel position

96%Bullish

Momentum

RSI (14)

Momentum is strong

66.2Bullish
MACD (12,26,9)

Histogram is positive

1.565Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

95.7 / 92.7Bullish
Williams %R (14)

Overbought zone

-4.3Bearish
CCI (20)

Strong expansion

147.8Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

High volatility

$12.94 (5.44%)Bearish
Bollinger Bands (20,2)

Width 24.85%

100%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$239.56 / $179.43Bearish
ATR channel lower / upper

Current Volatility Envelope

$224.89 / $250.76Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.8Bullish
OBV slope

20-period OBV slope

-6.79%Bearish
Volume ratio

Relative to 20-period average volume

0.84xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.37Range
Support

Nearest Downside Decision Level

$180.61Range

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