US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

3 monthsBullish63%
3M Upside probability 63%Bullish

CAH 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $44.74 and reclaim $240.37.

Invalidation Trigger

Lose $44.74 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 85.2, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $28.28 (11.89%)

3M

EMA Structure

Range
EMA 8$177.87Bullish
EMA 21$120.05Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 85.2 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $28.28 · BB 193.79%

High volatility

Strength
Bearish
Volume
MFI 90.6 · OBV 8086.63%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$44.74 - $240.37

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+12.96% · 1.1 ATR above latest close

$268.65
Nearest resistance

+1.07% · 0.1 ATR above · 24-bar high

$240.37
Current price

Price shown is delayed

$237.83
Nearest support

-81.19% · 6.8 ATR below · 24-bar low

$44.74
Deeper support zone

-93.08% · 7.8 ATR below latest close

$16.46
ATR zone

Latest close ± ATR14

$209.54 - $266.11

Indicators

Trend

Dow Theory Structure

Confirmation $168.4, invalidation $93.19

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$111.05Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

99%Bullish

Volatility

ATR (14)

High volatility

$28.28 (11.89%)Bearish
Bollinger Bands (20,2)

Width 193.79%

107%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$190.35 / $57.76Bearish
ATR channel lower / upper

Current Volatility Envelope

$209.54 / $266.11Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.37Range
Support

Nearest Downside Decision Level

$44.74Range

Momentum

RSI (14)

Momentum is strong

85.2Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

98.5 / 93.3Bullish
Williams %R (14)

Overbought zone

-1.5Bearish
CCI (20)

Strong expansion

178.2Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

90.6Bullish
OBV slope

20-period OBV slope

8086.63%Bullish
Volume ratio

Relative to 20-period average volume

1.05xRange

Trend

Dow Theory Structure

Confirmation $168.4, invalidation $93.19

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$111.05Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

99%Bullish

Momentum

RSI (14)

Momentum is strong

85.2Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

98.5 / 93.3Bullish
Williams %R (14)

Overbought zone

-1.5Bearish
CCI (20)

Strong expansion

178.2Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$28.28 (11.89%)Bearish
Bollinger Bands (20,2)

Width 193.79%

107%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$190.35 / $57.76Bearish
ATR channel lower / upper

Current Volatility Envelope

$209.54 / $266.11Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

90.6Bullish
OBV slope

20-period OBV slope

8086.63%Bullish
Volume ratio

Relative to 20-period average volume

1.05xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.37Range
Support

Nearest Downside Decision Level

$44.74Range

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