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Archive
- 4/17/2025 -
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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 gained 2.91 points, or 2.21%, and closed at 134.71 on Thursday, April 17, 2025. Weekly volume was 22% above 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 139.50 on April 3, 2025. CAH gained -89.80 points, or -180.68%, in 146 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend resistance line (136.26). 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 uptrend had started on July 15, 2024 at 93.17 and reached 139.50 on April 3, 2025. CAH gained -46.33 points, or -49.73%, in 37 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 126.67 and resistance is at 139.80. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
 Weekly Technical Indicators: [See CAH weekly technical indicators chart]
Weekly technical indicators are neutral.
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 low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 136.54 on April 17, 2025. CAH gained -15.84 points, or -13.12%, in 10 days. The price is now at the 11.55% retracement level.
Daily Technical Indicators: [See CAH daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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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