US stock / ETF

CDW Corporation

CDW · NASDAQ · USD

4 hoursRange53%
4h Range probability 94%Range

CDW 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Break either side of $132.75 - $145.8 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 48.0, MACD -0.558

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.92 (1.38%)

4h

EMA Structure

Bullish
EMA 8$141.24Bearish
EMA 21$140.63Bearish
EMA 50$137.82Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.0 · MACD -0.558

Neutral zone

Strength
Bearish
Volatility
ATR $1.92 · BB 7.12%

Low volatility

Strength
Bullish
Volume
MFI 35.9 · OBV -1.41%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$132.75 - $145.8

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.98% · 4.3 ATR above latest close

$147.72
Nearest resistance

+4.61% · 3.3 ATR above · 34-bar high

$145.8
Current price

Price shown is delayed

$139.38
Nearest support

-4.76% · 3.5 ATR below · 34-bar low

$132.75
Deeper support zone

-6.13% · 4.5 ATR below latest close

$130.83
ATR zone

Latest close ± ATR14

$137.46 - $141.3

Indicators

Trend

Dow Theory Structure

Confirmation $145.8, invalidation $139.3

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

Trend strength is moderate

19.6 / 28.2 / 20.2Bullish
Supertrend (10,3)

Price is above Supertrend

$133.28Bullish
Ichimoku Cloud

Cloud Span A / Span B

$140.91 / $135.63Bearish
Donchian Channel (20)

20-period breakout channel position

43%Range

Volatility

ATR (14)

Low volatility

$1.92 (1.38%)Bullish
Bollinger Bands (20,2)

Width 7.12%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$144.79 / $136.66Bullish
ATR channel lower / upper

Current Volatility Envelope

$137.46 / $141.3Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$145.8Range
Support

Nearest Downside Decision Level

$132.75Range

Momentum

RSI (14)

Neutral zone

48.0Range
MACD (12,26,9)

Histogram is negative

-0.558Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.2 / 31.1Bearish
Williams %R (14)

Oversold zone

-98.8Bullish
CCI (20)

Balanced zone

-52.5Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

35.9Bearish
OBV slope

20-period OBV slope

-1.41%Bearish
Volume ratio

Relative to 20-period average volume

0.95xRange

Trend

Dow Theory Structure

Confirmation $145.8, invalidation $139.3

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

Trend strength is moderate

19.6 / 28.2 / 20.2Bullish
Supertrend (10,3)

Price is above Supertrend

$133.28Bullish
Ichimoku Cloud

Cloud Span A / Span B

$140.91 / $135.63Bearish
Donchian Channel (20)

20-period breakout channel position

43%Range

Momentum

RSI (14)

Neutral zone

48.0Range
MACD (12,26,9)

Histogram is negative

-0.558Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.2 / 31.1Bearish
Williams %R (14)

Oversold zone

-98.8Bullish
CCI (20)

Balanced zone

-52.5Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$1.92 (1.38%)Bullish
Bollinger Bands (20,2)

Width 7.12%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$144.79 / $136.66Bullish
ATR channel lower / upper

Current Volatility Envelope

$137.46 / $141.3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

35.9Bearish
OBV slope

20-period OBV slope

-1.41%Bearish
Volume ratio

Relative to 20-period average volume

0.95xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$145.8Range
Support

Nearest Downside Decision Level

$132.75Range

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