Cardinal Health(CAH)

Cardinal Health (CAH) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for CAH · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$220.54last close · Jul 22, 202652-week range $137.75 – $243.21 · 9.32% below the high

CAH Triangle Pattern

CAH is currently forming a triangle on the daily timeframe. Detected Jul 22, 2026.

A triangle is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $221.75 (+11.5%). Across 17,276 backtested triangles, the setup followed through 53.5% of the time, averaging +0.37R; CAH's own triangles have hit 34.4%.

DirectionBullishTarget$221.75Projected move+11.5%Breakout level$200.71

New to this pattern? What a triangle is and how to trade it →

CAH's Most Recent Falling Wedge Trade

CAH's most recent completed falling wedge (which broke against type) resolved as a loss: it broke down on Apr 27, 2026 near $199.44, then was stopped out at $212.67 on Jun 9, 2026 — a 6.6% move (-1.85R) over 30 sessions. Across 92 backtested falling wedges, this setup wins 50.0% of the time.

OutcomeLossResult-6.6%R-1.85REntry$199.44Exit$212.67

Learn about falling wedge

How Triangles Have Performed

Win rate

53.5%

Avg return

+0.37R

Backtested trades

17,276

CAH win rate

34.4%

Historical pattern statistics (1986-12-19 – 2026-07-16), not a prediction.

How these backtests work →

CAH Pattern Trade History

Every completed pattern trade our nightly backtest found on CAH's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Falling Wedge	Apr 27, 2026 @ $199.44	Jun 9, 2026 @ $212.67	Loss	+10.1% · -1.85R
Bullish Pennant	Jan 14, 2026 @ $212.21	Feb 12, 2026 @ $215.06	Win	+9.9% · +0.23R
Bullish Pennant	Nov 4, 2024 @ $117.07	Nov 15, 2024 @ $118.78	Win	+8.9% · +0.17R
Triangle	Feb 26, 2024 @ $109.62	May 3, 2024 @ $98.91	Loss	+9.4% · -1.28R
Triangle	Jan 24, 2024 @ $104.59	Jan 31, 2024 @ $109.19	Loss	+10.7% · -1.21R
Falling Wedge	Mar 2, 2023 @ $74.93	Mar 13, 2023 @ $70.28	Win	+6.7% · +0.84R
Bullish Pennant	Jun 24, 2022 @ $54.68	Aug 23, 2022 @ $67.98	Win	+20.3% · +2.67R
Triangle	Jun 1, 2022 @ $55.67	Jun 16, 2022 @ $50.14	Win	+10.7% · +1.91R
Triangle	May 25, 2022 @ $57.09	Jun 3, 2022 @ $53.82	Loss	+10.7% · -1.26R
Bullish Pennant	Mar 17, 2022 @ $56.44	Apr 22, 2022 @ $61.57	Win	+14.6% · +1.15R
Triangle	Mar 1, 2022 @ $52.88	Mar 17, 2022 @ $57.19	Loss	+9.9% · -1.64R
Triangle	Feb 7, 2022 @ $52.41	Mar 31, 2022 @ $56.70	Win	+11.9% · +1.29R

Triangle Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Open TDG’s live chart →

XLEEnergy Select Sector SPDR

Losing trade · −4.7%

Opened Jun 12, 2026

Closed Jul 22, 2026

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AONAon

Winning trade · +9.3%

Opened Apr 15, 2026

Closed Jul 21, 2026

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Learn about triangle

CAH Support and Resistance Levels

Price is being turned away at a ceiling near $234.49 and starting to slide. On the weekly chart, the next floor below sits near $202.92 — about 8% away.

Traders commonly watch $202.92 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $234.49 ceiling about a week ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

CAH Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$227.30	$229.86	$220.37	$220.54
Jul 21, 2026	$225.99	$227.63	$225.02	$227.09
Jul 20, 2026	$229.20	$229.24	$225.49	$225.75
Jul 17, 2026	$230.54	$233.22	$228.43	$228.52
Jul 16, 2026	$225.74	$229.13	$223.07	$228.72
Jul 15, 2026	$228.71	$230.23	$224.52	$224.94
Jul 14, 2026	$231.80	$231.83	$227.85	$230.11
Jul 13, 2026	$236.14	$237.38	$233.15	$233.66
Jul 10, 2026	$233.07	$236.26	$232.05	$235.80
Jul 9, 2026	$238.39	$240.22	$231.83	$233.77

CAH Frequently Asked Questions

What chart pattern is CAH forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a triangle on Cardinal Health (CAH) on the daily chart, with a measured-move target of $221.75.

Is a triangle bullish or bearish?

The triangle detected on CAH is a bullish pattern, projecting a measured-move target of $221.75. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a triangle pattern, and what is its win rate?

Across TradingPal's backtest of the triangle family (17,276 trades over 628 symbols), it resolved in the expected direction 53.5% of the time with an average of +0.37R. These are historical statistics, not a prediction.

What is the price target if CAH's pattern breaks out?

The detected triangle has a geometry-based measured-move target of $221.75 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was CAH's closing price on Jul 22, 2026?

Cardinal Health (CAH) last closed at $220.54 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.