US stock / ETF

CDW Corporation

CDW · NASDAQ · USD

1 monthBearish92%
Monthly Downside probability 92%Bearish

CDW 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $154.11 and stabilize above resistance $263.37.

Invalidation Trigger

Break above $263.37 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 41.9, MACD -1.001

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $18.69 (13.41%)

Monthly

EMA Structure

Bearish
EMA 8$137.43Bullish
EMA 21$154.11Bearish
EMA 50$165.73Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.9 · MACD -1.001

Momentum is weak

Strength
Bearish
Volatility
ATR $18.69 · BB 57.29%

High volatility

Strength
Bearish
Volume
MFI 23.4 · OBV -78.34%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$97.12 - $263.37

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+102.37% · 7.6 ATR above latest close

$282.06
Nearest resistance

+88.96% · 6.6 ATR above · 34-bar high

$263.37
Current price

Price shown is delayed

$139.38
Nearest support

-30.32% · 2.3 ATR below · 34-bar low

$97.12
Deeper support zone

-43.73% · 3.3 ATR below latest close

$78.43
ATR zone

Latest close ± ATR14

$120.69 - $158.07

Indicators

Trend

Dow Theory Structure

Confirmation $97.12, invalidation $192.3

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

Trend strength is moderate

21.1 / 12.5 / 30.5Bearish
Supertrend (10,3)

Price is above Supertrend

$76.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$149.13 / $180.25Bearish
Donchian Channel (20)

20-period breakout channel position

34%Bearish

Volatility

ATR (14)

High volatility

$18.69 (13.41%)Bearish
Bollinger Bands (20,2)

Width 57.29%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$195.06 / $110.95Bearish
ATR channel lower / upper

Current Volatility Envelope

$120.69 / $158.07Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$263.37Range
Support

Nearest Downside Decision Level

$97.12Range

Momentum

RSI (14)

Momentum is weak

41.9Bearish
MACD (12,26,9)

Histogram is negative

-1.001Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

48.7 / 41.4Bullish
Williams %R (14)

Neutral zone

-51.3Range
CCI (20)

Balanced zone

-51.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

23.4Bearish
OBV slope

20-period OBV slope

-78.34%Bearish
Volume ratio

Relative to 20-period average volume

0.37xBearish

Trend

Dow Theory Structure

Confirmation $97.12, invalidation $192.3

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

Trend strength is moderate

21.1 / 12.5 / 30.5Bearish
Supertrend (10,3)

Price is above Supertrend

$76.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$149.13 / $180.25Bearish
Donchian Channel (20)

20-period breakout channel position

34%Bearish

Momentum

RSI (14)

Momentum is weak

41.9Bearish
MACD (12,26,9)

Histogram is negative

-1.001Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

48.7 / 41.4Bullish
Williams %R (14)

Neutral zone

-51.3Range
CCI (20)

Balanced zone

-51.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$18.69 (13.41%)Bearish
Bollinger Bands (20,2)

Width 57.29%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$195.06 / $110.95Bearish
ATR channel lower / upper

Current Volatility Envelope

$120.69 / $158.07Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

23.4Bearish
OBV slope

20-period OBV slope

-78.34%Bearish
Volume ratio

Relative to 20-period average volume

0.37xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$263.37Range
Support

Nearest Downside Decision Level

$97.12Range

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