US stock / ETF

CDW Corporation

CDW · NASDAQ · USD

4 hoursBullish89%
4h Upside probability 89%Bullish

CDW 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $141.4 and reclaim $166.15.

Invalidation Trigger

Lose $141.4 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 74.2, MACD 0.341

4h
Volatility EnvironmentRange
Low volatility

ATR is $2.49 (1.51%)

4h

EMA Structure

Bullish
EMA 8$162.61Bullish
EMA 21$157.99Bullish
EMA 50$151.52Bullish

Signals

CategoryReadStrength
Momentum
RSI 74.2 · MACD 0.341

Momentum is strong

Strength
Bullish
Volatility
ATR $2.49 · BB 12.66%

Low volatility

Strength
Range
Volume
MFI 99.9 · OBV 11.02%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$141.4 - $166.15

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.14% · 1.4 ATR above latest close

$168.64
Nearest resistance

+0.63% · 0.4 ATR above · 34-bar high

$166.15
Current price

Price shown is delayed

$165.11
Nearest support

-14.36% · 9.5 ATR below · 34-bar low

$141.4
Deeper support zone

-15.87% · 10.5 ATR below latest close

$138.91
ATR zone

Latest close ± ATR14

$162.62 - $167.6

Indicators

Trend

Dow Theory Structure

Confirmation $166.15, invalidation $162.06

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

45.2 / 45.6 / 12.4Bullish
Supertrend (10,3)

Price is above Supertrend

$158.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$159.16 / $149.27Bullish
Donchian Channel (20)

20-period breakout channel position

94%Bullish

Volatility

ATR (14)

Low volatility

$2.49 (1.51%)Range
Bollinger Bands (20,2)

Width 12.66%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$163.02 / $153.61Range
ATR channel lower / upper

Current Volatility Envelope

$162.62 / $167.6Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.15Range
Support

Nearest Downside Decision Level

$141.4Range

Momentum

RSI (14)

Momentum is strong

74.2Bullish
MACD (12,26,9)

Histogram is positive

0.341Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

92.2 / 85.8Bullish
Williams %R (14)

Overbought zone

-7.8Bearish
CCI (20)

Strong expansion

126.3Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

99.9Bullish
OBV slope

20-period OBV slope

11.02%Bullish
Volume ratio

Relative to 20-period average volume

1.06xRange

Trend

Dow Theory Structure

Confirmation $166.15, invalidation $162.06

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

45.2 / 45.6 / 12.4Bullish
Supertrend (10,3)

Price is above Supertrend

$158.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$159.16 / $149.27Bullish
Donchian Channel (20)

20-period breakout channel position

94%Bullish

Momentum

RSI (14)

Momentum is strong

74.2Bullish
MACD (12,26,9)

Histogram is positive

0.341Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

92.2 / 85.8Bullish
Williams %R (14)

Overbought zone

-7.8Bearish
CCI (20)

Strong expansion

126.3Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

Low volatility

$2.49 (1.51%)Range
Bollinger Bands (20,2)

Width 12.66%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$163.02 / $153.61Range
ATR channel lower / upper

Current Volatility Envelope

$162.62 / $167.6Range

Volume / Money Flow

MFI (14)

Money flow is strong

99.9Bullish
OBV slope

20-period OBV slope

11.02%Bullish
Volume ratio

Relative to 20-period average volume

1.06xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.15Range
Support

Nearest Downside Decision Level

$141.4Range

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