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Stock Trend Analysis Report

Prepared for you on Sunday, May 19, 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.

NYSE_CAH
Open High Low CAH Price Change
99.27 99.40 98.35 99.06 +0.36
Entry Signal

MarketClub’s Trade Triangles for CAH

long term down The long-term trend has been DOWN since May 1st, 2024 at 101.23

intermediate term down The intermediate-term trend has been DOWN since Apr 8th, 2024 at 109.37

short term up The short-term trend has been UP since May 17th, 2024 at 99.07

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).

-85
Smart Scan Analysis for CAH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
99.27 99.40 98.35 99.06 +0.36
Prev. Close Volume Bid Ask Time
99.08 937546 2024-05-17 15:59:10
Year High75.75Year High Date2018-01-29
Year Low48.14Year Low Date2018-07-19
52wk High116.0452wk High Date2024-03-13
52wk Low80.952wk Low Date2023-05-31
Year End Close41.18Average Volume2,247,030
Shares Outstanding243,233Short Interest3,419,322
% Institutional86.1Market Cap14,572M
Assets458,800,000MLiabilities491,450,000M
P/E Ratio43.4802Beta0.54
Volatility33.37
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