US stock / ETF

CDW Corporation

CDW · NASDAQ · USD

1 hourBearish88%
1h Downside probability 88%Bearish

CDW 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $141.97 and stabilize above resistance $145.8.

Invalidation Trigger

Break above $145.8 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 40.7, MACD -0.589

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.6 (1.15%)

1h

EMA Structure

Range
EMA 8$141.08Bearish
EMA 21$141.97Bearish
EMA 50$141.06Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.7 · MACD -0.589

Momentum is weak

Strength
Bearish
Volatility
ATR $1.6 · BB 5.12%

Low volatility

Strength
Bullish
Volume
MFI 51.4 · OBV -0.49%

Relative to 20-period average volume

Strength
Range
Price Levels
$139.3 - $145.8

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.75% · 5.0 ATR above latest close

$147.4
Nearest resistance

+4.61% · 4.0 ATR above · 34-bar high

$145.8
Current price

Price shown is delayed

$139.38
Nearest support

-0.06% · 0.1 ATR below · 34-bar low

$139.3
Deeper support zone

-1.2% · 1.1 ATR below latest close

$137.7
ATR zone

Latest close ± ATR14

$137.78 - $140.98

Indicators

Trend

Dow Theory Structure

Confirmation $139.3, invalidation $142.54

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

Trend strength is active

32.8 / 8.2 / 37.1Bearish
Supertrend (10,3)

Price is above Supertrend

$134.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$142.15 / $140.22Bearish
Donchian Channel (20)

20-period breakout channel position

1%Bearish

Volatility

ATR (14)

Low volatility

$1.6 (1.15%)Bullish
Bollinger Bands (20,2)

Width 5.12%

1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$145.41 / $138.51Bullish
ATR channel lower / upper

Current Volatility Envelope

$137.78 / $140.98Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$145.8Range
Support

Nearest Downside Decision Level

$139.3Range

Momentum

RSI (14)

Momentum is weak

40.7Bearish
MACD (12,26,9)

Histogram is negative

-0.589Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.4 / 16.5Bearish
Williams %R (14)

Oversold zone

-98.6Bullish
CCI (20)

Weak expansion

-150.3Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.4Range
OBV slope

20-period OBV slope

-0.49%Bearish
Volume ratio

Relative to 20-period average volume

2.32xBullish

Trend

Dow Theory Structure

Confirmation $139.3, invalidation $142.54

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

Trend strength is active

32.8 / 8.2 / 37.1Bearish
Supertrend (10,3)

Price is above Supertrend

$134.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$142.15 / $140.22Bearish
Donchian Channel (20)

20-period breakout channel position

1%Bearish

Momentum

RSI (14)

Momentum is weak

40.7Bearish
MACD (12,26,9)

Histogram is negative

-0.589Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.4 / 16.5Bearish
Williams %R (14)

Oversold zone

-98.6Bullish
CCI (20)

Weak expansion

-150.3Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$1.6 (1.15%)Bullish
Bollinger Bands (20,2)

Width 5.12%

1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$145.41 / $138.51Bullish
ATR channel lower / upper

Current Volatility Envelope

$137.78 / $140.98Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.4Range
OBV slope

20-period OBV slope

-0.49%Bearish
Volume ratio

Relative to 20-period average volume

2.32xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$145.8Range
Support

Nearest Downside Decision Level

$139.3Range

Related Forecasts