CARDINAL HEALTH INC (CAH)
US14149Y1082 - Common Stock
We assign a technical rating of 8 out of 10 to CAH. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CAH is only an average performer.
The long and short term trends are both positive. This is looking good!
CAH is part of the Health Care Providers & Services industry. There are 113 other stocks in this industry. CAH outperforms 73% of them.
CAH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CAH is lagging the market slightly.
In the last month CAH has a been trading in the 106.98 - 126.14 range, which is quite wide. It is currently trading near the high of this range.
CAH has an average volume of 2091480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, CAH outperforms 66% of them, which is more or less in line with the market.
Besides having an excellent technical rating, CAH also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
95.55
124.65
We found 3 important support areas.
- A support zone ranging from 107.89 to 110.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @100.84 from a trend line in the weekly time frame.
- Support @96.52 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.87
Mansfield0.3
10 Day High126.14
10 Day Low117.82
20 Day High126.14
20 Day Low106.98
52 Week High126.14
52 Week Low93.17
Performance
1 Week1.76%
2 Weeks4.4%
1 Month10.04%
3 Month12.77%
6 Month28.04%
12 Month16.14%
2 Year53.95%
3 Year166.97%
5 Year124.28%
10 Year50.16%
15 Year282.93%
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)0.27
RSI(14)63.05
LBB112.03
UBB126.84
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 126.15 | 117.81 | 8.34 (6.61%) | 15.13% |
| An entry @126.15. This is a Buy Stop order right above the 10 day high. | An exit @117.81. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 8.34 points, which is 6.61%. | When investing 15.13% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CARDINAL HEALTH INC
NYSE:CAH (11/21/2024, 6:40:00 PM)
After market: 123.42 0 (0%)123.42
+3.08 (+2.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg2.56%
1 Week1.76%
2 Weeks4.4%
1 Month10.04%
3 Month12.77%
6 Month28.04%
12 Month16.14%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.51
ATR(20)%2.82%
ATR Inc
Range Today4.11
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 High126.14
10 Day Low117.82
20 Day High126.14
20 Day Low106.98
52 Week High126.14
52 Week Low93.17
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.01M
Volume Incr-9.76%
Vol(5)2.10M
Vol(50)2.09M