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Archive - 10/16/2026 - 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 third positive week after 3 consecutive negative weeks for the Cardinal Health, Inc. (CAH). During the week, the CAH gained 16.49 points, or 6.94%, and closed at 254.06 on Friday, October 16, 2026. It was the best weekly gain since June 12, 2026. Weekly volume was -22% below average. CAH is a member of Health Care Sector. Health Care is the most overbought 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 March 23, 2020 at 39.05 and reached 258.30 on August 11, 2026. CAH gained -219.25 points, or -561.46%, in 333 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (68.85) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 June 16, 2022 at 49.70 and reached 258.30 on August 11, 2026. CAH gained -208.60 points, or -419.72%, in 216 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (174.72) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since September 11, 2026. The distance between MACD and the signal line is low and getting smaller. 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 August 11, 2026 at 258.30 and reached 216.70 on September 29, 2026. CAH lost 41.60 points, or 16.11%, in 49 days. The chart has formed a Falling Channel chart pattern.
Daily Technical Indicators: [See CAH daily technical indicators chart] Daily Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index or strongly overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following links to access Lane's Stochastic and Relative Strength Index help. The daily MACD line is above its signal line since October 1, 2026. The distance between MACD and the signal line is near its high and getting bigger.
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