CARDINAL HEALTH INC (CAH)
US14149Y1082 - Common Stock
Taking everything into account, CAH scores 1 out of 10 in our technical rating. CAH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
CAH has an average volume of 1917450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, CAH turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
CAH is an average performer in the Health Care Providers & Services industry, it outperforms 64% of 116 stocks in the same industry.
CAH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CAH is lagging the market.
In the last month CAH has a been trading in the 94.04 - 102.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CAH has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
93.80
108.53
When analyzing the support we notice one important area.
- A support zone ranging from 94.75 to 97.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 99.28 to 99.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @107.46 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.9
Mansfield-1.08
10 Day High99.44
10 Day Low94.04
20 Day High102.26
20 Day Low94.04
52 Week High116.04
52 Week Low83.07
Performance
1 Week3.35%
2 Weeks0.58%
1 Month-3.6%
3 Month-12.44%
6 Month-7.36%
12 Month17.35%
2 Year76.26%
3 Year77.05%
5 Year135.96%
10 Year40.55%
15 Year177.68%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.44
RSI(14)49.61
LBB94.63
UBB99.86
CARDINAL HEALTH INC
NYSE:CAH (5/31/2024, 7:27:40 PM)
After market: 99.27 0 (0%)99.27
+1.56 (+1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.6%
1 Week3.35%
2 Weeks0.58%
1 Month-3.6%
3 Month-12.44%
6 Month-7.36%
12 Month17.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.77
ATR(20)%1.94%
ATR Inc
Range Today2.38
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High99.44
10 Day Low94.04
20 Day High102.26
20 Day Low94.04
52 Week High116.04
52 Week Low83.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.18M
Volume Incr8.44%
Vol(5)2.21M
Vol(50)1.92M