US stock / ETF

CDW Corporation

CDW · NASDAQ · USD

4 hoursBullish63%
4h Upside probability 63%Bullish

CDW 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Hold above $132.68 and reclaim $142.97.

Invalidation Trigger

Lose $132.68 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 50.5, MACD 0.248

4h
Volatility EnvironmentRange
Low volatility

ATR is $2.55 (1.86%)

4h

EMA Structure

Bearish
EMA 8$136.64Bullish
EMA 21$136.83Bullish
EMA 50$137.77Bearish

Signals

CategoryReadStrength
Momentum
RSI 50.5 · MACD 0.248

Neutral zone

Strength
Bullish
Volatility
ATR $2.55 · BB 5.84%

Low volatility

Strength
Range
Volume
MFI 60.7 · OBV -9.36%

Relative to 20-period average volume

Strength
Range
Price Levels
$132.68 - $142.97

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.03% · 3.2 ATR above latest close

$145.52
Nearest resistance

+4.17% · 2.2 ATR above · 34-bar high

$142.97
Current price

Price shown is delayed

$137.25
Nearest support

-3.33% · 1.8 ATR below · 34-bar low

$132.68
Deeper support zone

-5.19% · 2.8 ATR below latest close

$130.12
ATR zone

Latest close ± ATR14

$134.7 - $139.8

Indicators

Trend

Dow Theory Structure

Confirmation $141.35, invalidation $132.95

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

24.2 / 44.9 / 11.7Bullish
Supertrend (10,3)

Price is above Supertrend

$128.72Bullish
Ichimoku Cloud

Cloud Span A / Span B

$137.55 / $133.63Bearish
Donchian Channel (20)

20-period breakout channel position

48%Range

Volatility

ATR (14)

Low volatility

$2.55 (1.86%)Range
Bollinger Bands (20,2)

Width 5.84%

58%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$142.48 / $131.11Range
ATR channel lower / upper

Current Volatility Envelope

$134.7 / $139.8Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$142.97Range
Support

Nearest Downside Decision Level

$132.68Range

Momentum

RSI (14)

Neutral zone

50.5Range
MACD (12,26,9)

Histogram is positive

0.248Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

51.2 / 58.6Bearish
Williams %R (14)

Neutral zone

-48.8Range
CCI (20)

Balanced zone

23.3Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.7Bullish
OBV slope

20-period OBV slope

-9.36%Bearish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Trend

Dow Theory Structure

Confirmation $141.35, invalidation $132.95

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

24.2 / 44.9 / 11.7Bullish
Supertrend (10,3)

Price is above Supertrend

$128.72Bullish
Ichimoku Cloud

Cloud Span A / Span B

$137.55 / $133.63Bearish
Donchian Channel (20)

20-period breakout channel position

48%Range

Momentum

RSI (14)

Neutral zone

50.5Range
MACD (12,26,9)

Histogram is positive

0.248Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

51.2 / 58.6Bearish
Williams %R (14)

Neutral zone

-48.8Range
CCI (20)

Balanced zone

23.3Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$2.55 (1.86%)Range
Bollinger Bands (20,2)

Width 5.84%

58%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$142.48 / $131.11Range
ATR channel lower / upper

Current Volatility Envelope

$134.7 / $139.8Range

Volume / Money Flow

MFI (14)

Money flow is strong

60.7Bullish
OBV slope

20-period OBV slope

-9.36%Bearish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$142.97Range
Support

Nearest Downside Decision Level

$132.68Range

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