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 $154.61 and stabilize above resistance $262.87.

Invalidation Trigger

Break above $262.87 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 37.8, MACD -2.868

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $19.63 (15.08%)

Monthly

EMA Structure

Bearish
EMA 8$134.56Bearish
EMA 21$154.61Bearish
EMA 50$166.09Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.8 · MACD -2.868

Momentum is weak

Strength
Bearish
Volatility
ATR $19.63 · BB 58.55%

High volatility

Strength
Bearish
Volume
MFI 25.4 · OBV -172.95%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$97.17 - $262.87

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+117.04% · 7.8 ATR above latest close

$282.5
Nearest resistance

+101.96% · 6.8 ATR above · 34-bar high

$262.87
Current price

Price shown is delayed

$130.16
Nearest support

-25.35% · 1.7 ATR below · 34-bar low

$97.17
Deeper support zone

-40.43% · 2.7 ATR below latest close

$77.54
ATR zone

Latest close ± ATR14

$110.53 - $149.79

Indicators

Trend

Dow Theory Structure

Confirmation $137.54, invalidation $192.22

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

Trend strength is moderate

22.0 / 20.3 / 29.0Bearish
Supertrend (10,3)

Price is above Supertrend

$71.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$149.47 / $180.02Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Volatility

ATR (14)

High volatility

$19.63 (15.08%)Bearish
Bollinger Bands (20,2)

Width 58.55%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$194.65 / $112.19Bearish
ATR channel lower / upper

Current Volatility Envelope

$110.53 / $149.79Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$262.87Range
Support

Nearest Downside Decision Level

$97.17Range

Momentum

RSI (14)

Momentum is weak

37.8Bearish
MACD (12,26,9)

Histogram is negative

-2.868Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.7 / 31.6Bullish
Williams %R (14)

Neutral zone

-65.3Range
CCI (20)

Balanced zone

-80.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

25.4Bearish
OBV slope

20-period OBV slope

-172.95%Bearish
Volume ratio

Relative to 20-period average volume

1.20xBullish

Trend

Dow Theory Structure

Confirmation $137.54, invalidation $192.22

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

Trend strength is moderate

22.0 / 20.3 / 29.0Bearish
Supertrend (10,3)

Price is above Supertrend

$71.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$149.47 / $180.02Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Momentum

RSI (14)

Momentum is weak

37.8Bearish
MACD (12,26,9)

Histogram is negative

-2.868Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.7 / 31.6Bullish
Williams %R (14)

Neutral zone

-65.3Range
CCI (20)

Balanced zone

-80.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$19.63 (15.08%)Bearish
Bollinger Bands (20,2)

Width 58.55%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$194.65 / $112.19Bearish
ATR channel lower / upper

Current Volatility Envelope

$110.53 / $149.79Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

25.4Bearish
OBV slope

20-period OBV slope

-172.95%Bearish
Volume ratio

Relative to 20-period average volume

1.20xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$262.87Range
Support

Nearest Downside Decision Level

$97.17Range

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