REPORTING FOR 2019-11-12 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how CAH has been trading over the last 2 weeks and the past day especially. On its latest session, Cardinal Health, Inc. ($CAH) opened at 53.2, reaching a high of 53.72 and a low of 52.82 before closing at a price of 53.68. There was a total volume of 3539968.
VOLUME INDICATORS FOR CARDINAL HEALTH, INC. ($CAH): We saw an accumulation-distribution index of 262.6711, an on-balance volume of -53.75, chaikin money flow of 2.46154 and a force index of 0.0624. There was an ease of movement rating of 0.00093, a volume-price trend of 7.82414 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR CARDINAL HEALTH, INC. ($CAH): We noted an average true range of 0.69679, bolinger bands of 53.29539, an upper bollinger band of 51.82461, lower bollinger band of 52.82, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 53.24667, high band keltner channel of 52.72667, low band keltner channel of 53.76667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 52.82, a donchian channel low band of 52.82, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR CARDINAL HEALTH, INC. ($CAH): We calculated a Moving Average Convergence Divergence (MACD) of -0.01167, a MACD signal of -0.00648, a MACD difference of -0.00519, a fast Exponential Moving Average (EMA) indicator of 52.82, a slow Exponential Moving Average (EMA) indicator of 52.82, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.19228, a trix of 11.43192, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -6.71701, a KST Oscillator (KST) of 145.69586 and a KST Oscillator (KST Signal) of 145.69586 (leaving a KST difference of -2.81977). We also found an Ichimoku rating of 53.46, an Ichimoku B rating of 53.46, a Ichimoku visual trend A of 47.51737, an Ichimoku visual trend B of 48.5155, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR CARDINAL HEALTH, INC. ($CAH): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 94.64564, a stochastic oscillator of 173.07692, a stochastic oscillator signal of 173.07692, a Williams %R rating of 73.07692 and an awesome oscillator of -0.13467.
RETURNS FOR CARDINAL HEALTH, INC. ($CAH): There was a daily return of 14.56959, a daily log return of -0.98935 and a cumulative return of -0.98448.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-12 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Cardinal Health, Inc. ($CAH)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Cardinal Health, Inc. ($CAH) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.