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Health Care Distributors Industry Stocks Technical Analysis - CAHArchive
- 7/31/2026 -
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Cardinal Health, Inc. (CAH) Technical Analysis
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| Summary:
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| | It was a first positive week after 3 consecutive negative weeks for the Cardinal Health, Inc. (CAH). During the week, the CAH climbed 2.00 points, or 0.88%, and closed at 230.03 on Friday, July 31, 2026. Weekly volume was -11% below average.
CAH is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See CAH long-term trend chart]
A long-term uptrend had started on March 23, 2020 at 39.05 and reached 243.21 on July 7, 2026. CAH gained -204.16 points, or -522.82%, in 328 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (67.87) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See CAH medium-term trend chart]
A medium-term uptrend had started on June 16, 2022 at 49.70 and reached 243.21 on July 7, 2026. CAH gained -193.51 points, or -389.36%, in 211 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (168.20) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See CAH weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is above its signal line since June 18, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See CAH short-term trend chart]
A short-term uptrend had started on May 13, 2026 at 180.45 and reached 243.21 on July 7, 2026. CAH gained -62.76 points, or -34.78%, in 55 days. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (226.69) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a short-term trend.
 Daily Technical Indicators: [See CAH daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since July 7, 2026. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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