Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Cardinal Health, Inc. (NYSE:CAH)
Strong Downtrend (-100) - CAH is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CAH continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CAH?
MarketClub looks at technical strength and momentum to determine if the timing is right for CAH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CAH
The long-term trend has been DOWN since May 1st, 2024 at 101.23
The intermediate-term trend has been DOWN since Apr 8th, 2024 at 109.37
The short-term trend has been DOWN since May 2nd, 2024 at 100.56
Smart Scan Analysis for CAH
Based on our trend formula, CAH is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 99.840 | 100.090 | 97.330 | 97.375 | -2.345 |
| Prev. Close | Volume | Bid | Ask | Time |
| 97.440 | 1691727 | 2024-05-08 15:59:35 |
| Year High | 75.75 | Year High Date | 2018-01-29 |
| Year Low | 48.14 | Year Low Date | 2018-07-19 |
| 52wk High | 116.04 | 52wk High Date | 2024-03-13 |
| 52wk Low | 80.9 | 52wk Low Date | 2023-05-31 |
| Year End Close | 41.18 | Average Volume | 2,163,550 |
| Shares Outstanding | 243,233 | Short Interest | 3,419,322 |
| % Institutional | 86.1 | Market Cap | 14,572M |
| Assets | 458,800,000M | Liabilities | 491,450,000M |
| P/E Ratio | 43.9295 | Beta | 0.54 |
| Volatility | 33.37 |