US stock / ETF

Cardinal Health, Inc.

CAH · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

CAH 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $228.16 and reclaim $239.62.

Invalidation Trigger

Lose $228.16 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 51.7, MACD 0.343

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.1 (0.89%)

4h

EMA Structure

Bullish
EMA 8$235.67Bearish
EMA 21$234.72Bullish
EMA 50$234.17Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.7 · MACD 0.343

Neutral zone

Strength
Bullish
Volatility
ATR $2.1 · BB 5.81%

Low volatility

Strength
Bullish
Volume
MFI 62.8 · OBV 2.48%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$228.16 - $239.62

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.8% · 3.1 ATR above latest close

$241.72
Nearest resistance

+1.91% · 2.1 ATR above · 34-bar high

$239.62
Current price

Price shown is delayed

$235.13
Nearest support

-2.96% · 3.3 ATR below · 34-bar low

$228.16
Deeper support zone

-3.86% · 4.3 ATR below latest close

$226.06
ATR zone

Latest close ± ATR14

$233.03 - $237.23

Indicators

Trend

Dow Theory Structure

Confirmation $239.62, invalidation $234.24

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

Trend strength is active

25.9 / 36.0 / 17.9Bullish
Supertrend (10,3)

Price is above Supertrend

$228.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$234.94 / $240.58Bearish
Donchian Channel (20)

20-period breakout channel position

61%Range

Volatility

ATR (14)

Low volatility

$2.1 (0.89%)Bullish
Bollinger Bands (20,2)

Width 5.81%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$239.25 / $230.27Bullish
ATR channel lower / upper

Current Volatility Envelope

$233.03 / $237.23Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$239.62Range
Support

Nearest Downside Decision Level

$228.16Range

Momentum

RSI (14)

Neutral zone

51.7Range
MACD (12,26,9)

Histogram is positive

0.343Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.8 / 61.4Bearish
Williams %R (14)

Neutral zone

-39.2Range
CCI (20)

Balanced zone

35.9Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

62.8Bullish
OBV slope

20-period OBV slope

2.48%Bullish
Volume ratio

Relative to 20-period average volume

0.98xRange

Trend

Dow Theory Structure

Confirmation $239.62, invalidation $234.24

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

Trend strength is active

25.9 / 36.0 / 17.9Bullish
Supertrend (10,3)

Price is above Supertrend

$228.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$234.94 / $240.58Bearish
Donchian Channel (20)

20-period breakout channel position

61%Range

Momentum

RSI (14)

Neutral zone

51.7Range
MACD (12,26,9)

Histogram is positive

0.343Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.8 / 61.4Bearish
Williams %R (14)

Neutral zone

-39.2Range
CCI (20)

Balanced zone

35.9Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$2.1 (0.89%)Bullish
Bollinger Bands (20,2)

Width 5.81%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$239.25 / $230.27Bullish
ATR channel lower / upper

Current Volatility Envelope

$233.03 / $237.23Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

62.8Bullish
OBV slope

20-period OBV slope

2.48%Bullish
Volume ratio

Relative to 20-period average volume

0.98xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$239.62Range
Support

Nearest Downside Decision Level

$228.16Range

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