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 $259.21.

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 80.9, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $31.83 (12.78%)

3M

EMA Structure

Range
EMA 8$201.33Bullish
EMA 21$144.23Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 80.9 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $31.83 · BB 186.69%

High volatility

Strength
Bearish
Volume
MFI 95.0 · OBV 282.18%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$39.05 - $259.21

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+16.91% · 1.3 ATR above latest close

$291.04
Nearest resistance

+4.12% · 0.3 ATR above · 30-bar high

$259.21
Current price

Price shown is delayed

$248.95
Nearest support

-84.31% · 6.6 ATR below · 30-bar low

$39.05
Deeper support zone

-97.1% · 7.6 ATR below latest close

$7.22
ATR zone

Latest close ± ATR14

$217.12 - $280.78

Indicators

Trend

Dow Theory Structure

Confirmation $62.96, invalidation $93.17

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

Trend strength is active

77.6 / 36.0 / 5.8Bullish
Supertrend (10,3)

Price is above Supertrend

$128.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$167.51 / --Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Volatility

ATR (14)

High volatility

$31.83 (12.78%)Bearish
Bollinger Bands (20,2)

Width 186.69%

98%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$223.33 / $72.05Bearish
ATR channel lower / upper

Current Volatility Envelope

$217.12 / $280.78Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$259.21Range
Support

Nearest Downside Decision Level

$39.05Range

Momentum

RSI (14)

Momentum is strong

80.9Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

94.1 / 90.9Bullish
Williams %R (14)

Overbought zone

-5.9Bearish
CCI (20)

Strong expansion

150.9Bullish
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

282.18%Bullish
Volume ratio

Relative to 20-period average volume

0.16xBearish

Trend

Dow Theory Structure

Confirmation $62.96, invalidation $93.17

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

Trend strength is active

77.6 / 36.0 / 5.8Bullish
Supertrend (10,3)

Price is above Supertrend

$128.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$167.51 / --Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Momentum

RSI (14)

Momentum is strong

80.9Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

94.1 / 90.9Bullish
Williams %R (14)

Overbought zone

-5.9Bearish
CCI (20)

Strong expansion

150.9Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$31.83 (12.78%)Bearish
Bollinger Bands (20,2)

Width 186.69%

98%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$223.33 / $72.05Bearish
ATR channel lower / upper

Current Volatility Envelope

$217.12 / $280.78Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

95.0Bullish
OBV slope

20-period OBV slope

282.18%Bullish
Volume ratio

Relative to 20-period average volume

0.16xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$259.21Range
Support

Nearest Downside Decision Level

$39.05Range

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