US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

1 weekBullish84%
Weekly Upside probability 84%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 StateBullish
Momentum improving

RSI 55.7, MACD -1.441

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $13.81 (5.92%)

Weekly

EMA Structure

Bullish
EMA 8$230.36Bullish
EMA 21$226.3Bullish
EMA 50$210.88Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.7 · MACD -1.441

Momentum is strong

Strength
Bullish
Volatility
ATR $13.81 · BB 19.47%

High volatility

Strength
Bearish
Volume
MFI 44.8 · OBV -0.11%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$180.45 - $258.3

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+16.62% · 2.8 ATR above latest close

$272.11
Nearest resistance

+10.7% · 1.8 ATR above · 34-bar high

$258.3
Current price

Price shown is delayed

$233.34
Nearest support

-22.67% · 3.8 ATR below · 34-bar low

$180.45
Deeper support zone

-28.59% · 4.8 ATR below latest close

$166.64
ATR zone

Latest close ± ATR14

$219.53 - $247.15

Indicators

Trend

Dow Theory Structure

Confirmation $249.29, invalidation $228.16

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

Trend strength is active

44.1 / 25.5 / 14.1Bullish
Supertrend (10,3)

Price is above Supertrend

$187.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$228.44 / $205.09Bullish
Donchian Channel (20)

20-period breakout channel position

61%Range

Volatility

ATR (14)

High volatility

$13.81 (5.92%)Bearish
Bollinger Bands (20,2)

Width 19.47%

61%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$256.51 / $196.97Bearish
ATR channel lower / upper

Current Volatility Envelope

$219.53 / $247.15Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$258.3Range
Support

Nearest Downside Decision Level

$180.45Range

Momentum

RSI (14)

Momentum is strong

55.7Bullish
MACD (12,26,9)

Histogram is negative

-1.441Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.0 / 23.6Bullish
Williams %R (14)

Neutral zone

-60.0Range
CCI (20)

Balanced zone

33.5Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.8Bearish
OBV slope

20-period OBV slope

-0.11%Bearish
Volume ratio

Relative to 20-period average volume

0.16xBearish

Trend

Dow Theory Structure

Confirmation $249.29, invalidation $228.16

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

Trend strength is active

44.1 / 25.5 / 14.1Bullish
Supertrend (10,3)

Price is above Supertrend

$187.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$228.44 / $205.09Bullish
Donchian Channel (20)

20-period breakout channel position

61%Range

Momentum

RSI (14)

Momentum is strong

55.7Bullish
MACD (12,26,9)

Histogram is negative

-1.441Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.0 / 23.6Bullish
Williams %R (14)

Neutral zone

-60.0Range
CCI (20)

Balanced zone

33.5Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$13.81 (5.92%)Bearish
Bollinger Bands (20,2)

Width 19.47%

61%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$256.51 / $196.97Bearish
ATR channel lower / upper

Current Volatility Envelope

$219.53 / $247.15Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.8Bearish
OBV slope

20-period OBV slope

-0.11%Bearish
Volume ratio

Relative to 20-period average volume

0.16xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$258.3Range
Support

Nearest Downside Decision Level

$180.45Range

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