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Archive
- 6/18/2026 -
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Cardinal Health, Inc. (CAH) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Cardinal Health, Inc. (CAH). During the week, the CAH gave back -2.08 points, or -0.93%, and closed at 221.77 on Thursday, June 18, 2026. Weekly volume was 38% above average.
 Long-term trend: [See CAH long-term trend chart]
A long-term uptrend had started on June 16, 2022 at 49.70 and reached 233.60 on March 2, 2026. CAH gained -183.90 points, or -370.02%, in 193 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (138.61) 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 downtrend had started on March 2, 2026 at 233.60 and reached 180.45 on May 13, 2026. CAH lost 53.15 points, or 22.75%, in 10 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (165.17) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. CAH may retest the broken resistance line. It is considered to be a support line now. 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 overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 March 6, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See CAH short-term trend chart]
A short-term uptrend had started on May 13, 2026 at 180.45 and reached 229.78 on June 16, 2026. CAH gained -49.33 points, or -27.34%, in 34 days. The chart has formed a Rising Channel chart pattern.
 Daily Technical Indicators: [See CAH daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help.
The daily MACD line is above its signal line since May 14, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term uptrend is still strong, and momentum is beginning to wane.
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