US stock / ETF

CDW Corporation

CDW · NASDAQ · USD

1 monthBearish70%
Monthly Downside probability 70%Bearish

CDW 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $154.35 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 StateRange
Momentum mixed

RSI 45.7, MACD 0.892

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $18.82 (12.62%)

Monthly

EMA Structure

Bearish
EMA 8$141.47Bullish
EMA 21$154.35Bearish
EMA 50$165.39Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.7 · MACD 0.892

Neutral zone

Strength
Range
Volatility
ATR $18.82 · BB 55.90%

High volatility

Strength
Bearish
Volume
MFI 29.1 · OBV -64.55%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$97.12 - $263.37

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+89.3% · 7.1 ATR above latest close

$282.19
Nearest resistance

+76.68% · 6.1 ATR above · 34-bar high

$263.37
Current price

Price shown is delayed

$149.07
Nearest support

-34.85% · 2.8 ATR below · 34-bar low

$97.12
Deeper support zone

-47.47% · 3.8 ATR below latest close

$78.3
ATR zone

Latest close ± ATR14

$130.25 - $167.89

Indicators

Trend

Dow Theory Structure

Confirmation $97.12, invalidation $192.3

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

Trend strength is moderate

21.4 / 14.5 / 30.3Bearish
Supertrend (10,3)

Price is above Supertrend

$87.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$146.67 / $180.25Bearish
Donchian Channel (20)

20-period breakout channel position

41%Bearish

Volatility

ATR (14)

High volatility

$18.82 (12.62%)Bearish
Bollinger Bands (20,2)

Width 55.90%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$194.61 / $112.11Bearish
ATR channel lower / upper

Current Volatility Envelope

$130.25 / $167.89Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$263.37Range
Support

Nearest Downside Decision Level

$97.12Range

Momentum

RSI (14)

Neutral zone

45.7Range
MACD (12,26,9)

Histogram is positive

0.892Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.9 / 54.7Bullish
Williams %R (14)

Neutral zone

-40.1Range
CCI (20)

Balanced zone

-14.7Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

29.1Bearish
OBV slope

20-period OBV slope

-64.55%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Trend

Dow Theory Structure

Confirmation $97.12, invalidation $192.3

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

Trend strength is moderate

21.4 / 14.5 / 30.3Bearish
Supertrend (10,3)

Price is above Supertrend

$87.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$146.67 / $180.25Bearish
Donchian Channel (20)

20-period breakout channel position

41%Bearish

Momentum

RSI (14)

Neutral zone

45.7Range
MACD (12,26,9)

Histogram is positive

0.892Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.9 / 54.7Bullish
Williams %R (14)

Neutral zone

-40.1Range
CCI (20)

Balanced zone

-14.7Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$18.82 (12.62%)Bearish
Bollinger Bands (20,2)

Width 55.90%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$194.61 / $112.11Bearish
ATR channel lower / upper

Current Volatility Envelope

$130.25 / $167.89Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

29.1Bearish
OBV slope

20-period OBV slope

-64.55%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$263.37Range
Support

Nearest Downside Decision Level

$97.12Range

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