US stock / ETF

CDW Corporation

CDW · NASDAQ · USD

4 hoursBearish66%
4h Downside probability 66%Bearish

CDW 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $134.69 and stabilize above resistance $150.34.

Invalidation Trigger

Break above $150.34 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 44.5, MACD 0.933

4h
Volatility EnvironmentRange
Low volatility

ATR is $2.23 (1.68%)

4h

EMA Structure

Bearish
EMA 8$133.29Bearish
EMA 21$134.69Bearish
EMA 50$139.07Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.5 · MACD 0.933

Momentum is weak

Strength
Range
Volatility
ATR $2.23 · BB 11.73%

Low volatility

Strength
Range
Volume
MFI 21.4 · OBV 1.69%

Relative to 20-period average volume

Strength
Range
Price Levels
$127.77 - $150.34

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+14.47% · 8.6 ATR above latest close

$152.58
Nearest resistance

+12.79% · 7.6 ATR above · 34-bar high

$150.34
Current price

Price shown is delayed

$133.29
Nearest support

-4.14% · 2.5 ATR below · 34-bar low

$127.77
Deeper support zone

-5.82% · 3.5 ATR below latest close

$125.54
ATR zone

Latest close ± ATR14

$131.06 - $135.52

Indicators

Trend

Dow Theory Structure

Confirmation $138.48, invalidation $127.77

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

Trend strength is active

51.4 / 38.1 / 16.8Bullish
Supertrend (10,3)

Price is above Supertrend

$125.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$136.09 / $141.38Bearish
Donchian Channel (20)

20-period breakout channel position

39%Bearish

Volatility

ATR (14)

Low volatility

$2.23 (1.68%)Range
Bollinger Bands (20,2)

Width 11.73%

54%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$139.71 / $129.29Range
ATR channel lower / upper

Current Volatility Envelope

$131.06 / $135.52Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$150.34Range
Support

Nearest Downside Decision Level

$127.77Range

Momentum

RSI (14)

Momentum is weak

44.5Bearish
MACD (12,26,9)

Histogram is positive

0.933Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

51.5 / 55.8Bearish
Williams %R (14)

Neutral zone

-48.5Range
CCI (20)

Balanced zone

8.5Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

21.4Bearish
OBV slope

20-period OBV slope

1.69%Bullish
Volume ratio

Relative to 20-period average volume

1.14xBullish

Trend

Dow Theory Structure

Confirmation $138.48, invalidation $127.77

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

Trend strength is active

51.4 / 38.1 / 16.8Bullish
Supertrend (10,3)

Price is above Supertrend

$125.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$136.09 / $141.38Bearish
Donchian Channel (20)

20-period breakout channel position

39%Bearish

Momentum

RSI (14)

Momentum is weak

44.5Bearish
MACD (12,26,9)

Histogram is positive

0.933Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

51.5 / 55.8Bearish
Williams %R (14)

Neutral zone

-48.5Range
CCI (20)

Balanced zone

8.5Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$2.23 (1.68%)Range
Bollinger Bands (20,2)

Width 11.73%

54%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$139.71 / $129.29Range
ATR channel lower / upper

Current Volatility Envelope

$131.06 / $135.52Range

Volume / Money Flow

MFI (14)

Money flow is weak

21.4Bearish
OBV slope

20-period OBV slope

1.69%Bullish
Volume ratio

Relative to 20-period average volume

1.14xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$150.34Range
Support

Nearest Downside Decision Level

$127.77Range

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