We assign a technical rating of 0 out of 10 to CDW. CDW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of CDW is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
132.16
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 142.76 to 147.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 149.87 to 150.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @155.42 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CDW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CDW is down. |
| ChartMill Relative Strength | 15.09 | NEGATIVE | CDW has a low relative strength, it was outperformed by 84.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CDW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CDW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CDW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.31 | NEUTRAL | The RSI value for CDW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests CDW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.12 | NEUTRAL | The Stochastics value for CDW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for CDW suggests some volalility. |
| Average Directional Index/ADX (14) | 39.96 | POSITIVE | The high ADX value value for CDW suggests a strong trend. |
133.49
+0.96 (+0.72%)
CDW CORP/DE / CDW FAQ
Can you provide the ChartMill technical rating for CDW CORP/DE?
ChartMill assigns a technical rating of 0 / 10 to CDW.
What is the trend direction for CDW stock?
The current trend direction for CDW CORP/DE (CDW) is Bearish.
What is the RSI signal for CDW CORP/DE (CDW) stock?
CDW CORP/DE (CDW) has an RSI value of 37.3074. This indicates that the stock is currently neutral.
What is the buy/sell signal for CDW CORP/DE (CDW) stock?
The buy/sell signal for CDW CORP/DE (CDW) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for CDW CORP/DE?
CDW CORP/DE (CDW) has a resistance level at 142.76. Check the full technical report for our detailed analysis of CDW support and resistance levels.