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Archive - 7/17/2026 - 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 the negative week for the Cardinal Health, Inc. (CAH). During the week, the CAH dropped -7.28 points, or -3.09%, and closed at 228.52 on Friday, July 17, 2026. It was the worst weekly loss since May 8, 2026. Weekly volume was 15% above 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 (67.69) 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 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 (166.99) 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 Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 weekly MACD line is above its signal line since June 18, 2026. This is an indication that the medium-term trend is up. 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 Rising Channel chart pattern. The uptrend support line (231.97) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. CAH may retest the broken support line. It is considered to be a resistance line now. 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 Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. The daily MACD line is below its signal line since July 7, 2026. 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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