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Cardinal Health Up 11.6% Since SmarTrend Uptrend Call (CAH)

By Shiri Gupta

SmarTrend identified an Uptrend for Cardinal Health (NYSE:CAH) on March 30th, 2020 at $47.27. In approximately 1 month, Cardinal Health has returned 11.58% as of today's recent price of $52.74.

In the past 52 weeks, shares of Cardinal Health have traded between a low of $39.05 and a high of $60.69 and are now at $53.25, which is 36% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.4%.

Cardinal Health, Inc. provides complementary products and services to healthcare providers and manufacturers. The Company's services include pharmaceutical distribution, health-care product manufacturing, distribution and consulting services, drug delivery systems development, pharmaceutical packaging, automated dispensing systems manufacturing, and retail pharmacy franchising.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Cardinal Health shares.

Log in and add Cardinal Health (CAH) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights Cardinal Health

Ticker(s): CAH