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Archive - 4/10/2026 - Sign In to see current Signals. |
Cardinal Health, Inc. (CAH) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a second positive week after 4 consecutive negative weeks for the Cardinal Health, Inc. (CAH). During the week, the CAH climbed 1.47 points, or 0.69%, and closed at 215.52 on Friday, April 10, 2026. Weekly volume was -44% below average. CAH is a member of Health Care Sector. Health Care is the second 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 uptrend resistance line (134.49) 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 August 12, 2025 at 137.75 and reached 233.60 on March 2, 2026. CAH gained -95.85 points, or -69.58%, in 28 weeks. The price is now at the 18.86% retracement level.
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. Use the following link to access a MACD help.
Short-term trend: [See CAH short-term trend chart] A short-term downtrend had started on March 2, 2026 at 233.60 and reached 203.86 on March 24, 2026. CAH lost 29.74 points, or 12.73%, in 22 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See CAH daily technical indicators chart] Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. 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 daily MACD line is above its signal line since April 1, 2026. The distance between MACD and the signal line is low, but getting bigger.
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