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Cardinal Health, Inc. (CAH) Corporate Logo

Cardinal Health, Inc. (CAH) Stock Price & Analysis

Market: NYSE • Sector: Healthcare • Industry: Medical - Distribution

Cardinal Health, Inc. (CAH) Profile & Business Summary

Cardinal Health, Inc. operates as an integrated healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. It provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home. The company operates in two segments, Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, and over-the-counter healthcare and consumer products. The segment also provides services to pharmaceutical manufacturers and healthcare providers for specialty pharmaceutical products; operates nuclear pharmacies and radiopharmaceutical manufacturing facilities; repackages generic pharmaceuticals and over-the-counter healthcare products; and offers medication therapy management and patient outcomes services to hospitals, other healthcare providers, and payers, as well as provides pharmacy management services to hospitals. The Medical segment manufactures, sources, and distributes Cardinal Health branded medical, surgical, and laboratory products and devices that include exam and surgical gloves; needles, syringe, and sharps disposals; compressions; incontinences; nutritional delivery products; wound care products; single-use surgical drapes, gowns, and apparels; fluid suction and collection systems; urology products; operating room supply products; and electrode product lines. The segment also distributes a range of national brand products, including medical, surgical, and laboratory products; provides supply chain services and solutions to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers; and assembles and sells sterile, and non-sterile procedure kits. The company was incorporated in 1979 and is headquartered in Dublin, Ohio.

Key Information

Ticker CAH
Leadership Jason Hollar
Exchange NYSE
Official Site https://www.cardinalhealth.com
CIK Number 0000721371
View SEC Filings

Market Trend Overview for CAH

One model, two time views: what the market looks like right now, and where the larger trend is heading over time.

Current Market Context (Short-Term)

As of 2026-02-06 (ET), CAH is moving sideways. Price at 226.32 is above support near 208.46. If price moves higher, it may meet resistance around 235.38. View Support & Resistance from Options

Why the market looks this way?

Prices have moved back and forth over recent sessions without making steady progress. Trend signals have changed frequently, which suggests the market is stuck in a range. In this environment, chasing moves in either direction is less reliable.

Longer-Term Market Trend (Mid to Long Term)

Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-02-06 (ET)

As of 2026-02-06, CAH is starting to move higher. Over the longer term, the trend remains bullish.

CAH last closed at 226.32. The price is about 4.6 ATR above its recent average price (211.91), and the market is currently in an early upward move.

The broader uptrend is still intact, but price has moved far from its recent average, increasing the risk of a pullback.

Trend Alignment Summary

Trend score: 80 out of 100. Overall alignment is strong. The market is currently in an early-stage uptrend. Trend signals are well aligned across timeframes, suggesting a stable and consistent trend.

Pullback Risk

Price is far from its recent average (about 4.6 ATR away). Chasing the move at this level carries a higher risk of a pullback.

Key Risk Level

A key downside level is near 198.05. If price falls below this area, the current upward trend would likely weaken or break.

Recent Trend Signal

A systematic trend-activation signal was most recently triggered on 2026-01-15, reflecting a technical shift toward positive directional alignment.

Unusual Price Movement

[2026-01-09] Price moved quickly and looked strong, but participation was limited.

Recent Price Behavior

Recent bars show mixed price behavior without a clear shift in structural quality or efficiency.

Overnight Positioning

Late-day trading leaned in one direction, but price moves were choppy into the close.

Short Interest & Covering Risk for CAH

This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.

Squeeze Score 0.75

Shows how likely a short squeeze may be under current market conditions.

Key Market Risk Indicators
Short Crowding (Short Interest / Float) 2.15%
Short Positions Trend Not Increasing
Liquidity Trend (Average Daily Volume) 0.00%
20-Day Return 11.77%
Price vs 20-Day High Trading Near Highs

Short Exposure Percentile

Short interest is within its typical range, with no clear imbalance between buyers and sellers. (Historical percentile: 50%)

Structure Analysis

CAH Short positioning looks normal. Current days to cover is 3.0 trading days, meaning short positions could unwind at a normal pace. Short covering is likely to have a normal impact on price moves.

Bull Trap Structural Risk

Risk Summary

No clear bull trap characteristics detected. Recent price behavior remains broadly consistent with current positioning.This reading helps confirm that current price action remains structurally healthy and does not indicate elevated trap risk.

Why Price Reactions May Be Stronger?

Price is consolidating near highs with a weak upward bias, appearing strong on the surface but structurally more fragile. As a result, similar news or market events could lead to price moves about 1× larger than usual.

Note: Short interest data is reported every two weeks by FINRA. The most recent snapshot is 2026-01-15 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.

Analytical Modules