Cardinal HealthCAH
Auto-detected technical analysis for CAH · data as of Aug 28, 2026. The chart above is live; the read below updates daily.
CAH is currently forming a falling wedge on the daily timeframe. Detected Aug 28, 2026.
A falling wedge usually breaks higher, but CAH is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $174.79 (−10.8%).
New to this pattern? What a falling wedge is and how to trade it →
CAH's most recent completed rising wedge resolved as a loss: it broke down on Sep 17, 2026 near $228.82, then was stopped out at $252.00 on Oct 15, 2026 — a 10.1% move (-1.13R) over 20 sessions. Across 151,040 backtested rising wedges, this setup wins 37.9% of the time.
Every completed pattern trade our nightly backtest found on CAH's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Rising wedge | Sep 17, 2026 @ $228.82 | Oct 15, 2026 @ $252.00 | Loss | +7.5% · -1.13R |
| Rising wedge | Sep 3, 2026 @ $248.59 | Sep 11, 2026 @ $238.77 | Loss | +5.2% · -0.78R |
| Rising wedge | Aug 20, 2026 @ $229.99 | Oct 21, 2026 @ $258.30 | Loss | +9.9% · -1.00R |
| Falling wedge | May 6, 2026 @ $190.48 | Jun 5, 2026 @ $206.61 | Loss | +8.4% · -1.00R |
| Falling wedge | Apr 30, 2026 @ $194.31 | Jun 5, 2026 @ $206.61 | Loss | +8.9% · -1.00R |
| Rising wedge | Mar 17, 2026 @ $212.12 | Apr 30, 2026 @ $193.96 | Win | +8.6% · +0.85R |
| Rising wedge | Mar 3, 2026 @ $227.24 | Mar 19, 2026 @ $210.39 | Win | +7.4% · +2.65R |
| Rising wedge | Feb 4, 2026 @ $208.54 | Feb 5, 2026 @ $220.27 | Loss | +3.5% · -1.00R |
| Rising wedge | Oct 30, 2025 @ $181.44 | Dec 2, 2025 @ $208.00 | Win | +4.2% · +1.34R |
| Triangle | Sep 11, 2025 @ $152.55 | Sep 17, 2025 @ $149.35 | Loss | +2.6% · -0.85R |
| Triangle | Aug 12, 2025 @ $141.00 | Aug 12, 2025 @ $137.95 | Win | +8.1% · +0.16R |
| Rising wedge | Jul 1, 2025 @ $163.85 | Jul 1, 2025 @ $168.40 | Loss | +3.5% · -1.00R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price is being turned away at a ceiling near $237.92 and starting to slide. On the weekly chart, the next floor below sits near $219.38 — about 6% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 28, 2026 | $236.02 | $236.80 | $233.72 | $234.55 |
| Aug 27, 2026 | $236.49 | $237.30 | $234.15 | $235.13 |
| Aug 26, 2026 | $237.90 | $240.88 | $236.45 | $238.40 |
| Aug 25, 2026 | $232.51 | $238.10 | $232.38 | $237.92 |
| Aug 24, 2026 | $229.16 | $232.37 | $227.68 | $232.37 |
| Aug 21, 2026 | $228.80 | $231.29 | $228.16 | $229.51 |
| Aug 20, 2026 | $232.25 | $235.00 | $228.38 | $228.46 |
| Aug 19, 2026 | $236.41 | $238.15 | $232.34 | $234.85 |
| Aug 18, 2026 | $235.17 | $238.24 | $233.94 | $234.98 |
| Aug 17, 2026 | $233.55 | $238.94 | $233.55 | $235.66 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.