CAH

Cardinal HealthHealthcare

$199.53+0.15%

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$199.53

MARAPRMAY

Profit from Descending Triangle?

A key Descending Triangle has formed on CAH. Analyze the breakout level now.

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Quick Actions

Trade Plan: Descending Triangle

Risk/Reward

1:1.57

Entry

$180.45

Stop

$203.98

Target

$143.43

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Market Analysis

CAH is showing interesting structural developments at $199.53. Currently at $199.53, the asset is showing upward momentum (0.15%). The primary technical feature is a Descending Triangle formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $180.45, targeting $143.43 with support near $203.98 (R:R 1.57).

Community Sentiment

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