US stock / ETF

CDW Corporation

CDW · NASDAQ · USD

1 hourBullish63%
1h Upside probability 63%Bullish

CDW 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $127.77 and reclaim $138.48.

Invalidation Trigger

Lose $127.77 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 49.2, MACD -0.112

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.32 (0.99%)

1h

EMA Structure

Range
EMA 8$134Bearish
EMA 21$133.57Bearish
EMA 50$134.52Bearish

Signals

CategoryReadStrength
Momentum
RSI 49.2 · MACD -0.112

Neutral zone

Strength
Bearish
Volatility
ATR $1.32 · BB 8.98%

Low volatility

Strength
Bullish
Volume
MFI 47.4 · OBV 11.57%

Relative to 20-period average volume

Strength
Range
Price Levels
$127.77 - $138.48

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+4.88% · 4.9 ATR above latest close

$139.8
Nearest resistance

+3.89% · 3.9 ATR above · 34-bar high

$138.48
Current price

Price shown is delayed

$133.29
Nearest support

-4.14% · 4.2 ATR below · 34-bar low

$127.77
Deeper support zone

-5.13% · 5.2 ATR below latest close

$126.45
ATR zone

Latest close ± ATR14

$131.97 - $134.61

Indicators

Trend

Dow Theory Structure

Confirmation $138.48, invalidation $127.77

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

53.6 / 35.7 / 22.7Bullish
Supertrend (10,3)

Price is above Supertrend

$129.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$133.92 / $134.44Bearish
Donchian Channel (20)

20-period breakout channel position

52%Range

Volatility

ATR (14)

Low volatility

$1.32 (0.99%)Bullish
Bollinger Bands (20,2)

Width 8.98%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$135.93 / $131.27Bullish
ATR channel lower / upper

Current Volatility Envelope

$131.97 / $134.61Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$138.48Range
Support

Nearest Downside Decision Level

$127.77Range

Momentum

RSI (14)

Neutral zone

49.2Range
MACD (12,26,9)

Histogram is negative

-0.112Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.6 / 28.6Bearish
Williams %R (14)

Oversold zone

-82.4Bullish
CCI (20)

Balanced zone

0.3Range
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.4Range
OBV slope

20-period OBV slope

11.57%Bullish
Volume ratio

Relative to 20-period average volume

2.79xBullish

Trend

Dow Theory Structure

Confirmation $138.48, invalidation $127.77

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

53.6 / 35.7 / 22.7Bullish
Supertrend (10,3)

Price is above Supertrend

$129.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$133.92 / $134.44Bearish
Donchian Channel (20)

20-period breakout channel position

52%Range

Momentum

RSI (14)

Neutral zone

49.2Range
MACD (12,26,9)

Histogram is negative

-0.112Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.6 / 28.6Bearish
Williams %R (14)

Oversold zone

-82.4Bullish
CCI (20)

Balanced zone

0.3Range
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

Low volatility

$1.32 (0.99%)Bullish
Bollinger Bands (20,2)

Width 8.98%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$135.93 / $131.27Bullish
ATR channel lower / upper

Current Volatility Envelope

$131.97 / $134.61Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.4Range
OBV slope

20-period OBV slope

11.57%Bullish
Volume ratio

Relative to 20-period average volume

2.79xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$138.48Range
Support

Nearest Downside Decision Level

$127.77Range

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