US stock / ETF

CDW Corporation

CDW · NASDAQ · USD

4 hoursBullish92%
4h Upside probability 92%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 $140.97 and reclaim $174.51.

Invalidation Trigger

Lose $140.97 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 60.7, MACD 0.643

4h
Volatility EnvironmentRange
Low volatility

ATR is $3.16 (1.83%)

4h

EMA Structure

Bullish
EMA 8$171.53Bullish
EMA 21$167.27Bullish
EMA 50$162.25Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.7 · MACD 0.643

Momentum is strong

Strength
Bullish
Volatility
ATR $3.16 · BB 15.42%

Low volatility

Strength
Range
Volume
MFI 87.8 · OBV 13.45%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$140.97 - $174.51

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.82% · 1.5 ATR above latest close

$177.67
Nearest resistance

+1% · 0.5 ATR above · 34-bar high

$174.51
Current price

Price shown is delayed

$172.79
Nearest support

-18.41% · 10.1 ATR below · 34-bar low

$140.97
Deeper support zone

-20.24% · 11.1 ATR below latest close

$137.81
ATR zone

Latest close ± ATR14

$169.63 - $175.95

Indicators

Trend

Dow Theory Structure

Confirmation $174.51, invalidation $170.39

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

Trend strength is moderate

19.1 / 33.1 / 18.0Bullish
Supertrend (10,3)

Price is above Supertrend

$164.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$164.42 / $157.74Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Volatility

ATR (14)

Low volatility

$3.16 (1.83%)Range
Bollinger Bands (20,2)

Width 15.42%

77%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$173.21 / $161.85Range
ATR channel lower / upper

Current Volatility Envelope

$169.63 / $175.95Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$174.51Range
Support

Nearest Downside Decision Level

$140.97Range

Momentum

RSI (14)

Momentum is strong

60.7Bullish
MACD (12,26,9)

Histogram is positive

0.643Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

92.7 / 92.7Bearish
Williams %R (14)

Overbought zone

-7.3Bearish
CCI (20)

Balanced zone

86.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

87.8Bullish
OBV slope

20-period OBV slope

13.45%Bullish
Volume ratio

Relative to 20-period average volume

1.11xBullish

Trend

Dow Theory Structure

Confirmation $174.51, invalidation $170.39

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

Trend strength is moderate

19.1 / 33.1 / 18.0Bullish
Supertrend (10,3)

Price is above Supertrend

$164.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$164.42 / $157.74Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Momentum

RSI (14)

Momentum is strong

60.7Bullish
MACD (12,26,9)

Histogram is positive

0.643Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

92.7 / 92.7Bearish
Williams %R (14)

Overbought zone

-7.3Bearish
CCI (20)

Balanced zone

86.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$3.16 (1.83%)Range
Bollinger Bands (20,2)

Width 15.42%

77%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$173.21 / $161.85Range
ATR channel lower / upper

Current Volatility Envelope

$169.63 / $175.95Range

Volume / Money Flow

MFI (14)

Money flow is strong

87.8Bullish
OBV slope

20-period OBV slope

13.45%Bullish
Volume ratio

Relative to 20-period average volume

1.11xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$174.51Range
Support

Nearest Downside Decision Level

$140.97Range

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