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Archive
- 5/29/2026 -
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Cardinal Health, Inc. (CAH) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Cardinal Health, Inc. (CAH). During the week, the CAH dropped -3.88 points, or -1.93%, and closed at 196.80 on Friday, May 29, 2026. CAH was trading at average weekly trading volume.
CAH is a member of Health Care Sector. Health Care is the most oversold 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 June 16, 2022 at 49.70 and reached 233.60 on March 2, 2026. CAH gained -183.90 points, or -370.02%, in 193 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (195.29). The resistance is usually stronger when technical indicators are overbought. 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 resistance line in a long-term trend.
 Medium-term trend: [See CAH medium-term trend chart]
A medium-term downtrend had started on March 2, 2026 at 233.60 and reached 180.45 on May 13, 2026. CAH lost 53.15 points, or 22.75%, in 10 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (194.93). The resistance is usually stronger when technical indicators are overbought. 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 resistance line in a medium-term trend.
 Weekly Technical Indicators: [See CAH weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since March 6, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend 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 May 13, 2026 at 180.45 and reached 203.98 on May 19, 2026. CAH gained -23.53 points, or -13.04%, in 6 days. The price is now at the 30.51% retracement level.
 Daily Technical Indicators: [See CAH daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily 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 daily MACD line is above its signal line since May 14, 2026. This is an indication that the short-term trend is up.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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