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Stock Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

Cardinal Health, Inc. (NYSE:CAH)

Countertrend Down (-85) - CAH is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

Open High Low CAH Price Change
96.36 96.36 94.29 94.99 -0.31
Entry Signal

MarketClub’s Trade Triangles for CAH

long term down The long-term trend has been DOWN since May 1st, 2024 at 101.2300

intermediate term down The intermediate-term trend has been DOWN since Jul 2nd, 2024 at 97.1301

short term up The short-term trend has been UP since Jul 17th, 2024 at 95.9900

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
96.36 96.36 94.29 94.99 -0.31
Prev. Close Volume Bid Ask Time
95.03 1195135 2024-07-19 15:59:26
Year High75.75Year High Date2018-01-29
Year Low48.14Year Low Date2018-07-19
52wk High116.0452wk High Date2024-03-13
52wk Low85.11552wk Low Date2023-08-23
Year End Close41.18Average Volume2,216,496
Shares Outstanding243,567Short Interest3,419,322
% Institutional86.1Market Cap14,572M
P/E Ratio41.9824Beta0.54
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