US stock / ETF

CDW Corporation

CDW · NASDAQ · USD

4 hoursBullish60%
4h Upside probability 60%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 $123.09 and reclaim $141.45.

Invalidation Trigger

Lose $123.09 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 52.9, MACD -0.218

4h
Volatility EnvironmentRange
Medium volatility

ATR is $3.56 (2.73%)

4h

EMA Structure

Bullish
EMA 8$129.38Bullish
EMA 21$129.36Bullish
EMA 50$127.09Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.9 · MACD -0.218

Neutral zone

Strength
Range
Volatility
ATR $3.56 · BB 7.30%

Medium volatility

Strength
Range
Volume
MFI 53.2 · OBV 38.76%

Relative to 20-period average volume

Strength
Range
Price Levels
$123.09 - $141.45

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+11.11% · 4.1 ATR above latest close

$145.01
Nearest resistance

+8.38% · 3.1 ATR above · 34-bar high

$141.45
Current price

Price shown is delayed

$130.51
Nearest support

-5.69% · 2.1 ATR below · 34-bar low

$123.09
Deeper support zone

-8.42% · 3.1 ATR below latest close

$119.53
ATR zone

Latest close ± ATR14

$126.95 - $134.07

Indicators

Trend

Dow Theory Structure

Confirmation $123.09, invalidation $135.62

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

Trend strength is moderate

19.2 / 21.4 / 24.0Bearish
Supertrend (10,3)

Price is above Supertrend

$119.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$129.62 / $121.85Bullish
Donchian Channel (20)

20-period breakout channel position

59%Range

Volatility

ATR (14)

Medium volatility

$3.56 (2.73%)Range
Bollinger Bands (20,2)

Width 7.30%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$136.75 / $122.05Range
ATR channel lower / upper

Current Volatility Envelope

$126.95 / $134.07Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$141.45Range
Support

Nearest Downside Decision Level

$123.09Range

Momentum

RSI (14)

Neutral zone

52.9Range
MACD (12,26,9)

Histogram is negative

-0.218Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.2 / 60.1Bearish
Williams %R (14)

Neutral zone

-40.8Range
CCI (20)

Balanced zone

40.8Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.2Range
OBV slope

20-period OBV slope

38.76%Bullish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Trend

Dow Theory Structure

Confirmation $123.09, invalidation $135.62

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

Trend strength is moderate

19.2 / 21.4 / 24.0Bearish
Supertrend (10,3)

Price is above Supertrend

$119.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$129.62 / $121.85Bullish
Donchian Channel (20)

20-period breakout channel position

59%Range

Momentum

RSI (14)

Neutral zone

52.9Range
MACD (12,26,9)

Histogram is negative

-0.218Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.2 / 60.1Bearish
Williams %R (14)

Neutral zone

-40.8Range
CCI (20)

Balanced zone

40.8Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$3.56 (2.73%)Range
Bollinger Bands (20,2)

Width 7.30%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$136.75 / $122.05Range
ATR channel lower / upper

Current Volatility Envelope

$126.95 / $134.07Range

Volume / Money Flow

MFI (14)

Money flow is neutral

53.2Range
OBV slope

20-period OBV slope

38.76%Bullish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$141.45Range
Support

Nearest Downside Decision Level

$123.09Range

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