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Health Care Distributors Industry Stocks Technical Analysis - CAHArchive - 8/8/2025 - Sign In to see current Signals. |
Cardinal Health, Inc. (CAH) Technical Analysis
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| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | It was a first positive week after 5 consecutive negative weeks for the Cardinal Health, Inc. (CAH). During the week, the CAH climbed 1.41 points, or 0.90%, and closed at 157.41 on Friday, August 8, 2025. It was the best weekly gain since June 27, 2025. CAH was trading at average weekly trading volume. CAH is a member of Health Care Sector. Health Care is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See CAH long-term trend chart] A long-term uptrend had started on June 16, 2022 at 49.70 and reached 168.44 on July 1, 2025. CAH gained -118.74 points, or -238.91%, in 158 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (119.16) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See CAH medium-term trend chart] A medium-term uptrend had started on July 15, 2024 at 93.17 and reached 168.44 on July 1, 2025. CAH gained -75.27 points, or -80.79%, in 50 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (130.26) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See CAH weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since July 25, 2025. Use the following link to access a MACD help.
Short-term trend: [See CAH short-term trend chart] A short-term downtrend had started on July 1, 2025 at 168.44 and reached 151.42 on August 7, 2025. CAH lost 17.02 points, or 10.10%, in 37 days. The chart has formed a Falling Channel chart pattern. The trend support level is at 150.61 and resistance is at 158.19. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a short-term trend.
Daily Technical Indicators: [See CAH daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since July 1, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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