US stock / ETF

CDW Corporation

CDW · NASDAQ · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

CDW 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $139.68 and stabilize above resistance $158.05.

Invalidation Trigger

Break above $158.05 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 41.2, MACD -1.629

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $4.85 (3.64%)

Daily

EMA Structure

Bearish
EMA 8$135.05Bearish
EMA 21$139.68Bearish
EMA 50$140.38Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.2 · MACD -1.629

Momentum is weak

Strength
Bearish
Volatility
ATR $4.85 · BB 23.03%

Medium volatility

Strength
Range
Volume
MFI 9.6 · OBV -38.27%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$127.77 - $158.05

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+22.21% · 6.1 ATR above latest close

$162.89
Nearest resistance

+18.57% · 5.1 ATR above · 34-bar high

$158.05
Current price

Price shown is delayed

$133.29
Nearest support

-4.14% · 1.1 ATR below · 34-bar low

$127.77
Deeper support zone

-7.78% · 2.1 ATR below latest close

$122.92
ATR zone

Latest close ± ATR14

$128.44 - $138.14

Indicators

Trend

Dow Theory Structure

Confirmation $127.77, invalidation $138.48

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

36.8 / 11.5 / 39.7Bearish
Supertrend (10,3)

Price is above Supertrend

$118.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$140.98 / $135.52Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Volatility

ATR (14)

Medium volatility

$4.85 (3.64%)Range
Bollinger Bands (20,2)

Width 23.03%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$149.97 / $129.01Range
ATR channel lower / upper

Current Volatility Envelope

$128.44 / $138.14Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$158.05Range
Support

Nearest Downside Decision Level

$127.77Range

Momentum

RSI (14)

Momentum is weak

41.2Bearish
MACD (12,26,9)

Histogram is negative

-1.629Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.9 / 23.8Bearish
Williams %R (14)

Neutral zone

-79.1Range
CCI (20)

Balanced zone

-84.0Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

9.6Bearish
OBV slope

20-period OBV slope

-38.27%Bearish
Volume ratio

Relative to 20-period average volume

1.17xBullish

Trend

Dow Theory Structure

Confirmation $127.77, invalidation $138.48

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

36.8 / 11.5 / 39.7Bearish
Supertrend (10,3)

Price is above Supertrend

$118.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$140.98 / $135.52Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Momentum

RSI (14)

Momentum is weak

41.2Bearish
MACD (12,26,9)

Histogram is negative

-1.629Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.9 / 23.8Bearish
Williams %R (14)

Neutral zone

-79.1Range
CCI (20)

Balanced zone

-84.0Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$4.85 (3.64%)Range
Bollinger Bands (20,2)

Width 23.03%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$149.97 / $129.01Range
ATR channel lower / upper

Current Volatility Envelope

$128.44 / $138.14Range

Volume / Money Flow

MFI (14)

Money flow is weak

9.6Bearish
OBV slope

20-period OBV slope

-38.27%Bearish
Volume ratio

Relative to 20-period average volume

1.17xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$158.05Range
Support

Nearest Downside Decision Level

$127.77Range

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