US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

3 monthsBullish69%
3M Upside probability 69%Bullish

CAH 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $39.05 and reclaim $244.87.

Invalidation Trigger

Lose $39.05 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 84.1, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $29.38 (12.43%)

3M

EMA Structure

Range
EMA 8$190.81Bullish
EMA 21$135.02Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 84.1 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $29.38 · BB 192.26%

High volatility

Strength
Bearish
Volume
MFI 94.9 · OBV 923.32%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$39.05 - $244.87

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+16.01% · 1.3 ATR above latest close

$274.25
Nearest resistance

+3.58% · 0.3 ATR above · 29-bar high

$244.87
Current price

Price shown is delayed

$236.4
Nearest support

-83.48% · 6.7 ATR below · 29-bar low

$39.05
Deeper support zone

-95.91% · 7.7 ATR below latest close

$9.67
ATR zone

Latest close ± ATR14

$207.02 - $265.78

Indicators

Trend

Dow Theory Structure

Confirmation $116.04, invalidation $180.45

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

Trend strength is active

76.3 / 39.1 / 6.3Bullish
Supertrend (10,3)

Price is above Supertrend

$129.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$156.87 / --Bullish
Donchian Channel (20)

20-period breakout channel position

96%Bullish

Volatility

ATR (14)

High volatility

$29.38 (12.43%)Bearish
Bollinger Bands (20,2)

Width 192.26%

98%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$206.9 / $69.81Bearish
ATR channel lower / upper

Current Volatility Envelope

$207.02 / $265.78Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$244.87Range
Support

Nearest Downside Decision Level

$39.05Range

Momentum

RSI (14)

Momentum is strong

84.1Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

95.0 / 93.2Bullish
Williams %R (14)

Overbought zone

-5.0Bearish
CCI (20)

Strong expansion

165.1Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

94.9Bullish
OBV slope

20-period OBV slope

923.32%Bullish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Trend

Dow Theory Structure

Confirmation $116.04, invalidation $180.45

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

Trend strength is active

76.3 / 39.1 / 6.3Bullish
Supertrend (10,3)

Price is above Supertrend

$129.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$156.87 / --Bullish
Donchian Channel (20)

20-period breakout channel position

96%Bullish

Momentum

RSI (14)

Momentum is strong

84.1Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

95.0 / 93.2Bullish
Williams %R (14)

Overbought zone

-5.0Bearish
CCI (20)

Strong expansion

165.1Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$29.38 (12.43%)Bearish
Bollinger Bands (20,2)

Width 192.26%

98%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$206.9 / $69.81Bearish
ATR channel lower / upper

Current Volatility Envelope

$207.02 / $265.78Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

94.9Bullish
OBV slope

20-period OBV slope

923.32%Bullish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$244.87Range
Support

Nearest Downside Decision Level

$39.05Range

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