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 $243.21.

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 80.6, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $29.07 (12.72%)

3M

EMA Structure

Range
EMA 8$189.06Bullish
EMA 21$134.31Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 80.6 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $29.07 · BB 190.46%

High volatility

Strength
Bearish
Volume
MFI 94.8 · OBV 942.03%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$39.05 - $243.21

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+19.15% · 1.5 ATR above latest close

$272.28
Nearest resistance

+6.43% · 0.5 ATR above · 29-bar high

$243.21
Current price

Price shown is delayed

$228.52
Nearest support

-82.91% · 6.5 ATR below · 29-bar low

$39.05
Deeper support zone

-95.63% · 7.5 ATR below latest close

$9.98
ATR zone

Latest close ± ATR14

$199.45 - $257.59

Indicators

Trend

Dow Theory Structure

Confirmation $116.04, invalidation $180.45

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

Trend strength is active

76.2 / 39.1 / 6.3Bullish
Supertrend (10,3)

Price is above Supertrend

$131.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$156.04 / --Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Volatility

ATR (14)

High volatility

$29.07 (12.72%)Bearish
Bollinger Bands (20,2)

Width 190.46%

96%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$205.28 / $69.94Bearish
ATR channel lower / upper

Current Volatility Envelope

$199.45 / $257.59Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$243.21Range
Support

Nearest Downside Decision Level

$39.05Range

Momentum

RSI (14)

Momentum is strong

80.6Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

91.2 / 92.0Bearish
Williams %R (14)

Overbought zone

-8.8Bearish
CCI (20)

Strong expansion

162.5Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

94.8Bullish
OBV slope

20-period OBV slope

942.03%Bullish
Volume ratio

Relative to 20-period average volume

0.18xBearish

Trend

Dow Theory Structure

Confirmation $116.04, invalidation $180.45

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

Trend strength is active

76.2 / 39.1 / 6.3Bullish
Supertrend (10,3)

Price is above Supertrend

$131.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$156.04 / --Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Momentum

RSI (14)

Momentum is strong

80.6Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

91.2 / 92.0Bearish
Williams %R (14)

Overbought zone

-8.8Bearish
CCI (20)

Strong expansion

162.5Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$29.07 (12.72%)Bearish
Bollinger Bands (20,2)

Width 190.46%

96%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$205.28 / $69.94Bearish
ATR channel lower / upper

Current Volatility Envelope

$199.45 / $257.59Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

94.8Bullish
OBV slope

20-period OBV slope

942.03%Bullish
Volume ratio

Relative to 20-period average volume

0.18xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$243.21Range
Support

Nearest Downside Decision Level

$39.05Range

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