Why is CAH Down Today?

CAH
$224.55
▼ -2.41% ($-5.41)
Last updated: Oct 02, 2026 3:34 PM ET

About Cardinal Health, Inc.

Cardinal Health is one of three leading pharmaceutical wholesalers in the US, engaged in sourcing and distributing of branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospital networks, and healthcare providers. Cardinal, Cencora, an...

Sector: WHOLESALE-DRUGS, PROPRIETARIES & DRUGGISTS' SUNDRIES
Market Cap: $37.52B
Forward P/E: 22.4
52-Week Range: $150.78 - $258.30
Employees: 57,700

Overall Confidence: 50%

50% Confident

Based on news, social sentiment, options activity, and sector analysis

MOMENTUM 50% Confidence
🎯 CAH showing strong bearish momentum
CAH is down 2.4% today on 0.1x average volume. The move appears to be driven by general market sentiment and momentum traders.

✅ Move Confirmation

LOW VOLUME 0.1x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

WHOLESALE-DRUGS, PROPRIETARIES & DRUGGISTS' SUNDRIES sector: 0.0%

CAH is outperforming its sector by -2.4%. This suggests a stock-specific catalyst.

Market Comparison

CAH is significantly underperforming the market (-3.1% vs SPY)
S&P 500
SPY
+0.69%
Nasdaq 100
QQQ
+0.95%
CAH
This Stock
-2.41%
vs S&P 500: -3.1%
vs Nasdaq: -3.36%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, CAH is expected to trade between:
$217.81 - $229.04

Key Level to Watch

$213.32 support
Watch for breakdown below $224.55

🔔 Get CAH Alerts

We'll notify you when CAH's trend changes or a new signal fires.

Last updated: Oct 02, 2026 3:34 PM (-1 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.64
Put/Call Ratio
72.4%
Implied Volatility
Call Volume: 3,387
Put Volume: 2,167
Total: 5,554

Historical Context

CAH has moved more than 3.0% down on 5 occasions in the past year.

20.0%
Continuation Rate
1/5 times continued down
+2.73%
Avg Next Day Change
After similar down moves
Last similar move: May 07, 2026 (-3.2%) → Next day: -0.9%

Frequently Asked Questions

Why is CAH stock down today?

CAH is down 2.4% today on 0.1x average volume. The move appears to be driven by general market sentiment and momentum traders.

Is CAH stock a buy or sell right now?

Based on current analysis, CAH shows 50% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the CAH stock price target?

CAH is currently trading at $224.55. Based on today's momentum, the expected short-term range is $217.81 - $229.04. See long-term price prediction →

Will CAH stock continue falling?

Our analysis shows a 45% probability that CAH's move continues in the next 1-3 days. Key level to watch: $213.32 (support).

Is CAH stock oversold or overbought?

CAH's RSI (Relative Strength Index) is currently at 47.1. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for CAH stock?

CAH's 10-day momentum indicator is at 1.83. Positive momentum - the stock has mild upward pressure supporting the current trend.

Is CAH outperforming or underperforming the market?

CAH (-2.41%) is currently significantly underperforming the market (-3.1% vs SPY). Today, the S&P 500 (SPY) is up 0.69%, and Nasdaq (QQQ) is up 0.95%.

What does MACD indicate for CAH?

CAH's MACD (-2.91) is currently above the signal line (-3.04), indicating a bullish trend. This technical signal suggests buying pressure is dominant. The trend strength (ADX: 23.4) is moderate.

Is CAH in an uptrend or downtrend?

Based on moving average analysis, CAH is in a bearish trend. The price ($224.55) is trading below both the 20-day SMA ($229.3) and 50-day SMA ($232.65). This alignment typically indicates sustained downward pressure.

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