US stock / ETF

CDW Corporation

CDW · NASDAQ · USD

1 weekBullish54%
Weekly Upside probability 54%Bullish

CDW 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Hold above $97.17 and reclaim $160.53.

Invalidation Trigger

Lose $97.17 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 50.4, MACD 2.393

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $11.29 (8.67%)

Weekly

EMA Structure

Bearish
EMA 8$126.4Bullish
EMA 21$127.33Bullish
EMA 50$139.59Bearish

Signals

CategoryReadStrength
Momentum
RSI 50.4 · MACD 2.393

Neutral zone

Strength
Bullish
Volatility
ATR $11.29 · BB 30.07%

High volatility

Strength
Bearish
Volume
MFI 56.0 · OBV -0.27%

Relative to 20-period average volume

Strength
Range
Price Levels
$97.17 - $160.53

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+32.01% · 3.7 ATR above latest close

$171.82
Nearest resistance

+23.33% · 2.7 ATR above · 34-bar high

$160.53
Current price

Price shown is delayed

$130.16
Nearest support

-25.35% · 2.9 ATR below · 34-bar low

$97.17
Deeper support zone

-34.02% · 3.9 ATR below latest close

$85.88
ATR zone

Latest close ± ATR14

$118.87 - $141.45

Indicators

Trend

Dow Theory Structure

Confirmation $97.17, invalidation $141.45

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

Trend strength is moderate

20.2 / 37.5 / 25.2Bullish
Supertrend (10,3)

Price is above Supertrend

$89.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$120.05 / $140.48Bearish
Donchian Channel (20)

20-period breakout channel position

70%Range

Volatility

ATR (14)

High volatility

$11.29 (8.67%)Bearish
Bollinger Bands (20,2)

Width 30.07%

68%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$153.02 / $101.04Bearish
ATR channel lower / upper

Current Volatility Envelope

$118.87 / $141.45Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$160.53Range
Support

Nearest Downside Decision Level

$97.17Range

Momentum

RSI (14)

Neutral zone

50.4Range
MACD (12,26,9)

Histogram is positive

2.393Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

71.1 / 71.2Bearish
Williams %R (14)

Neutral zone

-28.9Range
CCI (20)

Balanced zone

49.1Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.0Bullish
OBV slope

20-period OBV slope

-0.27%Bearish
Volume ratio

Relative to 20-period average volume

0.31xBearish

Trend

Dow Theory Structure

Confirmation $97.17, invalidation $141.45

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

Trend strength is moderate

20.2 / 37.5 / 25.2Bullish
Supertrend (10,3)

Price is above Supertrend

$89.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$120.05 / $140.48Bearish
Donchian Channel (20)

20-period breakout channel position

70%Range

Momentum

RSI (14)

Neutral zone

50.4Range
MACD (12,26,9)

Histogram is positive

2.393Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

71.1 / 71.2Bearish
Williams %R (14)

Neutral zone

-28.9Range
CCI (20)

Balanced zone

49.1Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$11.29 (8.67%)Bearish
Bollinger Bands (20,2)

Width 30.07%

68%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$153.02 / $101.04Bearish
ATR channel lower / upper

Current Volatility Envelope

$118.87 / $141.45Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.0Bullish
OBV slope

20-period OBV slope

-0.27%Bearish
Volume ratio

Relative to 20-period average volume

0.31xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$160.53Range
Support

Nearest Downside Decision Level

$97.17Range

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