CARDINAL HEALTH INC (CAH)
US14149Y1082 - Common Stock
We assign a technical rating of 6 out of 10 to CAH. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month CAH has a been trading in the 114.60 - 126.23 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, CAH did better than 74% of all other stocks.
CAH is part of the Health Care Providers & Services industry. There are 108 other stocks in this industry. CAH outperforms 77% of them.
CAH is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CAH is performing more or less in line with the market.
CAH has an average volume of 2261120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
CAH has an average technical rating and the quality of the presented setup is also not ideal 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
96.20
126.58
We found 5 important support areas.
- A support zone ranging from 116.83 to 118.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @114.59 from a trend line in the daily time frame.
- A support zone ranging from 107.89 to 108.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @102.26 from a trend line in the weekly time frame.
- Support @97.17 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 125.33 to 125.33. This zone is formed by a combination of multiple trend lines 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
CRS74.49
Mansfield0
10 Day High123.64
10 Day Low114.6
20 Day High126.23
20 Day Low114.6
52 Week High126.23
52 Week Low93.17
Performance
1 Week0.15%
2 Weeks-3.65%
1 Month-4.16%
3 Month5.76%
6 Month13.05%
12 Month16.73%
2 Year53.87%
3 Year129.72%
5 Year133.85%
10 Year46.51%
15 Year266.87%
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)-0.72
RSI(14)48.39
LBB113.44
UBB125.51
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 |
|---|---|---|---|
| 123.65 | 116.82 | 6.83 (5.52%) | 18.10% |
| An entry @123.65. This is a Buy Stop order right above the 10 day high. | An exit @116.82. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.83 points, which is 5.52%. | When investing 18.10% 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 (12/20/2024, 8:04:00 PM)
After market: 118.28 0 (0%)118.28
+1.28 (+1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.09%
1 Week0.15%
2 Weeks-3.65%
1 Month-4.16%
3 Month5.76%
6 Month13.05%
12 Month16.73%
2 Year53.87%
3 Year129.72%
5 Year133.85%
10 Year46.51%
15 Year266.87%
Volatility
ATR(14)2.61
ATR(20)%2.04%
ATR Inc11.86%
Range Today2.83
ADR(20)2.41
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.49
Mansfield0
10 Day High123.64
10 Day Low114.6
20 Day High126.23
20 Day Low114.6
52 Week High126.23
52 Week Low93.17
CS1 End118.1
CR1 Start125.33
Volume & EV
DER(3)0%
DER(5)0.4%
Volume9.31M
Volume Incr81.53%
Vol(5)3.59M
Vol(50)2.26M