Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Cardinal Health, Inc. (NYSE:CAH)

Countertrend Up (+85) - CAH is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
106.690 106.980 105.665 106.595 +0.215
Entry Signal

MarketClub’s Trade Triangles for CAH

long term up The long-term trend has been UP since Apr 6th, 2023 at 80.440

intermediate term up The intermediate-term trend has been UP since Oct 5th, 2023 at 89.919

short term down The short-term trend has been DOWN since Dec 6th, 2023 at 106.500

Smart Scan Analysis for CAH

Based on our trend formula, CAH is rated as a +85 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
106.690 106.980 105.665 106.595 +0.215
Prev. Close Volume Bid Ask Time
106.380 448081 2023-12-08 14:14:43
Year High75.75Year High Date2018-01-29
Year Low48.14Year Low Date2018-07-19
52wk High108.0352wk High Date2023-12-05
52wk Low68.5352wk Low Date2023-03-24
Year End Close41.18Average Volume1,876,650
Shares Outstanding246,468Short Interest3,419,322
% Institutional86.1Market Cap14,572M
P/E Ratio168.8571Beta0.54
Get a free daily analysis and signals for Cardinal Health, Inc. (CAH) - Request Your Free Report.