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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Cardinal Health, Inc. (NYSE:CAH)

Crossroads (-60) - CAH is struggling to move into a solid trend. Beware of choppy markets 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.

NYSE_CAH
Open High Low CAH Price Change
108.00 108.00 106.26 106.52 -0.65
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 down The intermediate-term trend has been DOWN since Apr 8th, 2024 at 109.37

short term down The short-term trend has been DOWN since Apr 1st, 2024 at 110.69

Smart Scan Analysis for CAH

Based on our trend formula, CAH is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CAH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
108.00 108.00 106.26 106.52 -0.65
Prev. Close Volume Bid Ask Time
106.52 1033876 2024-04-17 15:59:30
Year High75.75Year High Date2018-01-29
Year Low48.14Year Low Date2018-07-19
52wk High116.0452wk High Date2024-03-13
52wk Low77.5652wk Low Date2023-05-04
Year End Close41.18Average Volume1,654,337
Shares Outstanding243,233Short Interest3,419,322
% Institutional86.1Market Cap14,572M
Assets465,730,000MLiabilities500,220,000M
P/E Ratio41.8633Beta0.54
Volatility33.37
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