Three US Stocks Show Bullish Momentum Shifts
Three US stocks, CAH, CB, and CRL, just registered significant Altra Score increases, indicating strong bullish momentum shifts across Healthcare and
- Visit the stock pages: CAH, CB, CRL
- Sector XLV , which ranks #2 for Relative Strength (Altra Sector score of 66.0 with neutral regime.)
Despite a largely 'Mixed' overall market, indicated by the Altra Market score of 53.5 and a notable 15-day trend decline of 14.8 points, several individual US stocks have recently shown significant bullish momentum shifts. The Altra Score, a 0-100 measure for individual stocks, synthesizes Exponential Moving Average (EMA) alignment and Relative Strength Index (RSI) trends across daily, weekly, and monthly timeframes, with higher scores signifying more bullish momentum. This granular insight helps identify strength even when the broader market, as reflected by the Altra Market, presents mixed signals. The Altra Market score indicates the percentage of stocks above key EMAs, while the Altra Sector score, similarly derived, offers a relative strength rank against other sectors. Amidst a market where declines outpaced advances (292 to 211) and less than half of stocks were above their 20-day EMA, three names across the Healthcare and Finance sectors demonstrated compelling upward momentum on July 23, 2026.
Cardinal Health (CAH): Momentum Shift in Healthcare
Cardinal Health, a prominent player in the US healthcare sector, saw its Altra Score surge from 31.1, indicating a 'Bearish' momentum regime, to a 'Bullish' 60.8. This substantial jump highlights a significant shift in the stock's underlying technical posture. CAH’s shares are now trading above key EMAs, a foundational signal of strength. While its daily RSI stood at 49.12, suggesting short-term neutrality, the weekly RSI of 57.82 and monthly RSI of 67.05 point to sustained intermediate and long-term buying interest. The stock also exhibited a bullish Weekly EMA Crossover on August 16, 2024, providing a long-term technical foundation. The US Health Care sector itself, with an Altra Sector Score of 66.0, ranks 2nd overall and is showing signs of gaining relative strength, even if its regime is not yet fully confirmed bullish. CAH's move suggests it is leading its sector's nascent upward trend.
Chubb Limited (CB): Strong Bullish Turn in Finance
Chubb Limited, a global insurance giant within the USFINANCE sector, registered an even more pronounced shift, escalating from a 'Neutral' Altra Score of 55.5 to a 'Strong Bullish' 87.9. This dramatic increase positions CB as a stock with very strong upward momentum. Its RSI readings are robust across all timeframes: 56.45 daily, 62.7 weekly, and an impressive 68.24 monthly, underscoring broad-based strength. Like CAH, CB is trading above key EMAs, reinforced by a bullish Weekly EMA Crossover on November 7, 2025. The USFINANCE sector, holding an Altra Sector Score of 64.0 and ranking 3rd, is also attempting to gain relative strength. Chubb's move to 'Strong Bullish' is a testament to its individual strength, standing out even as the broader market flashes caution.
Charles River Laboratories (CRL): Healthcare's High-Flyer
Also from the US Health Care sector, Charles River Laboratories experienced the most significant momentum acceleration among the three, with its Altra Score rocketing from a 'Neutral' 58.9 to a 'Strong Bullish' 89.7. This makes CRL one of the market's highest-momentum stocks on July 23, 2026. All RSI timeframes are exhibiting considerable strength: 63.22 daily, 64.27 weekly, and 67.14 monthly. This consistent strength across multiple periods indicates broad buying conviction. CRL's placement above key EMAs and a recent bullish Weekly EMA Crossover on June 12, 2026, further confirm its positive technical structure. Its performance echoes the narrative seen with CAH, where specific stocks within the US Health Care sector are demonstrating robust individual momentum as the sector itself works to confirm a stronger trend. The strength in CRL highlights how focused momentum analysis can pinpoint standout performers even when the wider market or sector is still finding its footing.
What is the Altra Score? The Altra Score is AltraOne's proprietary momentum score for individual stocks, ranging from 0 to 100. It measures EMA structure and RSI momentum across multiple timeframes. A score above 60 is Bullish, below 40 is Bearish, and 40–60 is Neutral. The score is updated every trading day after market close based on end-of-day data.
Explore the full Signal History on AltraOne to see every EMA crossover signal across your watchlist — going back 52 weeks. The weekly EMA crossover is AltraOne's highest-conviction intermediate momentum signal; the Signal History page lets you track how these have played out over time.
Altra Score is a momentum indicator reflecting EMA alignment and RSI trend across daily, weekly, and monthly timeframes. It is not investment advice. Past momentum does not guarantee future performance. Please consult a SEBI-registered advisor before making investment decisions.