US stock / ETF

CDW Corporation

CDW · NASDAQ · USD

1 hourBullish78%
1h Upside probability 78%Bullish

CDW 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $123.09 and reclaim $132.32.

Invalidation Trigger

Lose $123.09 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 53.9, MACD 0.326

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.71 (1.31%)

1h

EMA Structure

Range
EMA 8$130.53Bearish
EMA 21$129.65Bullish
EMA 50$129.68Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.9 · MACD 0.326

Neutral zone

Strength
Bullish
Volatility
ATR $1.71 · BB 7.21%

Low volatility

Strength
Bullish
Volume
MFI 67.6 · OBV -12.83%

Relative to 20-period average volume

Strength
Range
Price Levels
$123.09 - $132.32

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.69% · 2.1 ATR above latest close

$134.03
Nearest resistance

+1.39% · 1.1 ATR above · 34-bar high

$132.32
Current price

Price shown is delayed

$130.51
Nearest support

-5.69% · 4.4 ATR below · 34-bar low

$123.09
Deeper support zone

-6.99% · 5.4 ATR below latest close

$121.39
ATR zone

Latest close ± ATR14

$128.8 - $132.22

Indicators

Trend

Dow Theory Structure

Confirmation $132.32, invalidation $128.39

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

13.9 / 42.4 / 18.5Bullish
Supertrend (10,3)

Price is above Supertrend

$125.95Bullish
Ichimoku Cloud

Cloud Span A / Span B

$129.03 / $129.36Bullish
Donchian Channel (20)

20-period breakout channel position

80%Bullish

Volatility

ATR (14)

Low volatility

$1.71 (1.31%)Bullish
Bollinger Bands (20,2)

Width 7.21%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$132.61 / $126.76Bullish
ATR channel lower / upper

Current Volatility Envelope

$128.8 / $132.22Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$132.32Range
Support

Nearest Downside Decision Level

$123.09Range

Momentum

RSI (14)

Neutral zone

53.9Range
MACD (12,26,9)

Histogram is positive

0.326Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.5 / 82.9Bearish
Williams %R (14)

Neutral zone

-27.5Range
CCI (20)

Balanced zone

56.6Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

67.6Bullish
OBV slope

20-period OBV slope

-12.83%Bearish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Trend

Dow Theory Structure

Confirmation $132.32, invalidation $128.39

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

13.9 / 42.4 / 18.5Bullish
Supertrend (10,3)

Price is above Supertrend

$125.95Bullish
Ichimoku Cloud

Cloud Span A / Span B

$129.03 / $129.36Bullish
Donchian Channel (20)

20-period breakout channel position

80%Bullish

Momentum

RSI (14)

Neutral zone

53.9Range
MACD (12,26,9)

Histogram is positive

0.326Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.5 / 82.9Bearish
Williams %R (14)

Neutral zone

-27.5Range
CCI (20)

Balanced zone

56.6Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$1.71 (1.31%)Bullish
Bollinger Bands (20,2)

Width 7.21%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$132.61 / $126.76Bullish
ATR channel lower / upper

Current Volatility Envelope

$128.8 / $132.22Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

67.6Bullish
OBV slope

20-period OBV slope

-12.83%Bearish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$132.32Range
Support

Nearest Downside Decision Level

$123.09Range

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