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Stock Trend Analysis Report

Prepared for you on Sunday, October 1, 2023.

Cardinal Health, Inc. (NYSE:CAH)

Sidelines Mode (+55) - CAH is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low CAH Price Change
87.52 87.80 86.72 86.80 -1.00
Entry Signal

MarketClub’s Trade Triangles for CAH

long term up The long-term trend has been UP since Apr 6th, 2023 at 80.44

intermediate term up The intermediate-term trend has been UP since Aug 15th, 2023 at 94.19

short term down The short-term trend has been DOWN since Sep 25th, 2023 at 88.41

Smart Scan Analysis for CAH

Based on our trend formula, CAH is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for CAH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
87.52 87.80 86.72 86.80 -1.00
Prev. Close Volume Bid Ask Time
86.82 1778831 2023-09-29 15:59:54
Year High75.75Year High Date2018-01-29
Year Low48.14Year Low Date2018-07-19
52wk High95.4552wk High Date2023-08-15
52wk Low66.0552wk Low Date2022-10-03
Year End Close41.18Average Volume1,896,574
Shares Outstanding250,682Short Interest3,419,322
% Institutional86.1Market Cap14,572M
P/E Ratio87.8Beta0.54
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