US stock / ETF

CDW Corporation

CDW · NASDAQ · USD

1 monthBearish89%
Monthly Downside probability 89%Bearish

CDW 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $153.28 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 41.8, MACD 0.138

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $21.58 (15.72%)

Monthly

EMA Structure

Bearish
EMA 8$138.85Bearish
EMA 21$153.28Bearish
EMA 50$164.93Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.8 · MACD 0.138

Momentum is weak

Strength
Bearish
Volatility
ATR $21.58 · BB 56.82%

High volatility

Strength
Bearish
Volume
MFI 27.2 · OBV -74.91%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$97.12 - $263.37

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+107.61% · 6.8 ATR above latest close

$284.95
Nearest resistance

+91.89% · 5.8 ATR above · 34-bar high

$263.37
Current price

Price shown is delayed

$137.25
Nearest support

-29.24% · 1.9 ATR below · 34-bar low

$97.12
Deeper support zone

-44.96% · 2.9 ATR below latest close

$75.54
ATR zone

Latest close ± ATR14

$115.67 - $158.83

Indicators

Trend

Dow Theory Structure

Confirmation $97.12, invalidation $192.3

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

Trend strength is moderate

21.9 / 12.6 / 31.1Bearish
Supertrend (10,3)

Price is above Supertrend

$60.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$147.5 / $180.25Bearish
Donchian Channel (20)

20-period breakout channel position

32%Bearish

Volatility

ATR (14)

High volatility

$21.58 (15.72%)Bearish
Bollinger Bands (20,2)

Width 56.82%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$201.22 / $103.25Bearish
ATR channel lower / upper

Current Volatility Envelope

$115.67 / $158.83Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$263.37Range
Support

Nearest Downside Decision Level

$97.12Range

Momentum

RSI (14)

Momentum is weak

41.8Bearish
MACD (12,26,9)

Histogram is positive

0.138Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.2 / 50.1Bearish
Williams %R (14)

Neutral zone

-53.8Range
CCI (20)

Balanced zone

-60.9Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

27.2Bearish
OBV slope

20-period OBV slope

-74.91%Bearish
Volume ratio

Relative to 20-period average volume

0.89xBearish

Trend

Dow Theory Structure

Confirmation $97.12, invalidation $192.3

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

Trend strength is moderate

21.9 / 12.6 / 31.1Bearish
Supertrend (10,3)

Price is above Supertrend

$60.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$147.5 / $180.25Bearish
Donchian Channel (20)

20-period breakout channel position

32%Bearish

Momentum

RSI (14)

Momentum is weak

41.8Bearish
MACD (12,26,9)

Histogram is positive

0.138Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.2 / 50.1Bearish
Williams %R (14)

Neutral zone

-53.8Range
CCI (20)

Balanced zone

-60.9Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$21.58 (15.72%)Bearish
Bollinger Bands (20,2)

Width 56.82%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$201.22 / $103.25Bearish
ATR channel lower / upper

Current Volatility Envelope

$115.67 / $158.83Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

27.2Bearish
OBV slope

20-period OBV slope

-74.91%Bearish
Volume ratio

Relative to 20-period average volume

0.89xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$263.37Range
Support

Nearest Downside Decision Level

$97.12Range

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