US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

3 monthsBullish65%
3M Upside probability 65%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 $258.3.

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 83.6, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $30.34 (12.9%)

3M

EMA Structure

Range
EMA 8$190.52Bullish
EMA 21$134.91Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 83.6 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $30.34 · BB 191.96%

High volatility

Strength
Bearish
Volume
MFI 95.0 · OBV 908.45%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$39.05 - $258.3

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+22.76% · 1.8 ATR above latest close

$288.64
Nearest resistance

+9.86% · 0.8 ATR above · 29-bar high

$258.3
Current price

Price shown is delayed

$235.13
Nearest support

-83.39% · 6.5 ATR below · 29-bar low

$39.05
Deeper support zone

-96.3% · 7.5 ATR below latest close

$8.71
ATR zone

Latest close ± ATR14

$204.79 - $265.47

Indicators

Trend

Dow Theory Structure

Confirmation $116.04, invalidation $180.45

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

Trend strength is active

76.4 / 41.0 / 6.1Bullish
Supertrend (10,3)

Price is above Supertrend

$132.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$163.59 / --Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Volatility

ATR (14)

High volatility

$30.34 (12.9%)Bearish
Bollinger Bands (20,2)

Width 191.96%

98%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$209.46 / $67.01Bearish
ATR channel lower / upper

Current Volatility Envelope

$204.79 / $265.47Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$258.3Range
Support

Nearest Downside Decision Level

$39.05Range

Momentum

RSI (14)

Momentum is strong

83.6Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

87.3 / 90.7Bearish
Williams %R (14)

Overbought zone

-12.7Bearish
CCI (20)

Strong expansion

169.7Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

95.0Bullish
OBV slope

20-period OBV slope

908.45%Bullish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Trend

Dow Theory Structure

Confirmation $116.04, invalidation $180.45

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

Trend strength is active

76.4 / 41.0 / 6.1Bullish
Supertrend (10,3)

Price is above Supertrend

$132.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$163.59 / --Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Momentum

RSI (14)

Momentum is strong

83.6Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

87.3 / 90.7Bearish
Williams %R (14)

Overbought zone

-12.7Bearish
CCI (20)

Strong expansion

169.7Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$30.34 (12.9%)Bearish
Bollinger Bands (20,2)

Width 191.96%

98%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$209.46 / $67.01Bearish
ATR channel lower / upper

Current Volatility Envelope

$204.79 / $265.47Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

95.0Bullish
OBV slope

20-period OBV slope

908.45%Bullish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$258.3Range
Support

Nearest Downside Decision Level

$39.05Range

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