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Archive
- 6/6/2025 -
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Cardinal Health, Inc. (CAH) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the Cardinal Health, Inc. (CAH). During the week, the CAH climbed 0.27 points, or 0.17%, and closed at 154.71 on Friday, June 6, 2025. Weekly volume was -28% below average.
 Long-term trend: [See CAH long-term trend chart]
A long-term uptrend had started on June 16, 2022 at 49.70 and reached 157.82 on June 3, 2025. CAH gained -108.12 points, or -217.55%, in 154 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (115.36) 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 July 15, 2024 at 93.17 and reached 157.82 on June 3, 2025. CAH gained -64.65 points, or -69.39%, in 46 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (125.69) 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 Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range or strongly overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is above its signal line since March 14, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. 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 April 7, 2025 at 120.70 and reached 157.82 on June 3, 2025. CAH gained -37.12 points, or -30.75%, in 57 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (159.16) is broken. A broken support is considered to be a long-term bearish signal. 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 support 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 May 21, 2025. The distance between MACD and the signal line is low, but getting bigger.
A Parabolic SAR (stop and reversal) indicator (153.38) comes close to the price (154.71). It indicates that the trend is getting weaker. 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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