(CAH) Cardinal Health complete technical analysis [charts+indicators] | Buy/Sell Cardinal Health | (CAH) share price targets
Complete technical analysis of Cardinal Health (CAH) by charts plus indicators, forecast predictions and share price targets for Cardinal Health (CAH)
Cardinal Health trades in USA in Health Care sector.
Showing technical analysis as on 2024-05-14 View latest technical analysis
10 day averaged volume of Cardinal Health is 2386500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 97.43 | 98.33 | 98.65 | 96.95 | 0.561 times |
| 13 Mon May 2024 | 98.04 | 99.61 | 99.86 | 97.90 | 0.583 times |
| 10 Fri May 2024 | 99.53 | 98.22 | 100.08 | 98.22 | 0.723 times |
| 09 Thu May 2024 | 98.06 | 97.36 | 98.87 | 97.36 | 0.764 times |
| 08 Wed May 2024 | 97.44 | 99.84 | 100.09 | 97.31 | 0.956 times |
| 07 Tue May 2024 | 99.72 | 98.77 | 99.91 | 98.73 | 0.967 times |
| 06 Mon May 2024 | 98.59 | 99.42 | 99.70 | 98.33 | 0.792 times |
| 03 Fri May 2024 | 98.91 | 101.68 | 102.26 | 98.24 | 1.444 times |
| 02 Thu May 2024 | 102.98 | 100.00 | 106.68 | 100.00 | 1.544 times |
| 01 Wed May 2024 | 102.17 | 102.25 | 103.10 | 100.56 | 1.198 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 98.7, but if it comes above 98.7, then a intra day buy could be more profitable.
If you take a sell trade below 98.7, then use 98.7 as stoploss and 95 as target. However if you take a buy trade in stock , then use 98.7 as stoploss and 101.81 as target.
Share price targets for Cardinal Health (CAH)
| Target Type | Value |
| Downside Target | 96.95 |
| Upside Target | 104.87 |
| Upside Target | 105.53 |
| Upside Target | 106.68 |
| Upside Target | 108.42 |
| Upside Target | 108.59 |
| Upside Target | 111.40 |
| Upside Target | 112.20 |
| Upside Target | 112.37 |
| Upside Target | 116.04 |
Intraday share price targets for Cardinal Health (CAH)
| Target Type | Value |
| Downside Intraday Target | 96.3 |
| Downside Intraday Target | 95.17 |
| Upside Intraday Target | 99.21 |
| Upside Intraday Target | 100.99 |
| Upside Intraday Target | 98.08 |
Weekly technical analysis of Cardinal Health (CAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 97.43 | 99.61 | 99.86 | 96.95 | 0.272 times |
| 10 Fri May 2024 | 99.53 | 99.42 | 100.09 | 97.31 | 0.709 times |
| 03 Fri May 2024 | 98.91 | 103.02 | 106.68 | 98.24 | 1.099 times |
| 26 Fri Apr 2024 | 103.21 | 103.85 | 104.87 | 101.23 | 1.582 times |
| 19 Fri Apr 2024 | 108.19 | 106.79 | 108.42 | 105.53 | 1.092 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Cardinal Health (CAH)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 97.43 | 102.25 | 106.68 | 96.95 | 0.574 times |
| 30 Tue Apr 2024 | 103.04 | 111.70 | 112.37 | 101.23 | 0.798 times |
| 28 Thu Mar 2024 | 111.90 | 114.45 | 116.04 | 108.59 | 0.932 times |
| 29 Thu Feb 2024 | 111.98 | 104.00 | 112.20 | 101.27 | 1.153 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Cardinal Health (CAH)
Price action analysis of Cardinal Health ( (CAH) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Cardinal Health ( (CAH) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Cardinal Health ( (CAH) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Cardinal Health ( (CAH) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Cardinal Health stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Cardinal Health in short term and the sell signal is strong.
Cardinal Health Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Cardinal Health in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Cardinal Health is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 99.73 and Cardinal Health (CAH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Cardinal Health (CAH) stock. Volume based technical analysis of Cardinal Health (CAH) stock is negative.
Cardinal Health Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Cardinal Health ( (CAH) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Cardinal Health ( (CAH) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Cardinal Health ( (CAH) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Cardinal Health ( (CAH) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Cardinal Health stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Cardinal Health in short term and the sell signal is strong.
Cardinal Health Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Cardinal Health in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Cardinal Health is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 99.73 and Cardinal Health (CAH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Cardinal Health (CAH) stock. Volume based technical analysis of Cardinal Health (CAH) stock is negative.
Cardinal Health Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.