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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Cardinal Health, Inc. (NYSE:CAH)

Weak Downtrend (-65) - CAH is showing signs of a strengthening downtrend. Monitor CAH as it may be building momentum to the downside.

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
103.18 103.95 102.43 103.00 -0.37
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 22nd, 2024 at 105.53

Smart Scan Analysis for CAH

Based on our trend formula, CAH is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CAH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
103.18 103.95 102.43 103.00 -0.37
Prev. Close Volume Bid Ask Time
103.37 848194 2024-04-24 13:07:40
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 Volume1,739,231
Shares Outstanding243,233Short Interest3,419,322
% Institutional86.1Market Cap14,572M
Assets465,730,000MLiabilities500,220,000M
P/E Ratio40.3789Beta0.54
Volatility33.37
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