146.25 USD
+1.71 (+1.18%)
146.25 USD
0 (0%)
Taking everything into account, CDW scores 1 out of 10 in our technical rating. 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CDW is a bad performer in the overall market: 83% of all stocks are doing better.
CDW is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 73% of 125 stocks in the same industry do better.
CDW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
CDW has an average volume of 1420740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CDW has a been trading in the 135.63 - 150.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CDW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 149.96. Right above this resistance zone may be a good entry point.
More info and screens
144.79
168.98
We can see 4 important resistance areas.
- A resistance zone ranging from 149.96 to 151.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @156.22 from a trend line in the weekly time frame.
- Resistance @159.38 from a horizontal line in the daily time frame.
- A resistance zone ranging from 165.12 to 167.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for CDW is neutral. |
| ChartMill Relative Strength | 17.81 | NEGATIVE | CDW has a low relative strength, it was outperformed by 82.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CDW is above the rising 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) | 51.06 | NEUTRAL | The RSI value for CDW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.96 | POSITIVE | The MACD value suggests CDW has a positive trend. |
| Stochastics (14,3) | 70.99 | NEUTRAL | The Stochastics value for CDW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for CDW suggests some volalility. |
| Average Directional Index/ADX (14) | 23.7 | NEUTRAL | The ADX value for CDW suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
146.25
+1.71 (+1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.18%
1 Week1.41%
2 Weeks7.03%
1 Month3.31%
3 Month-13.83%
6 Month-17.95%
12 Month-18.78%
2 Year-35.66%
3 Year-18.1%
5 Year10.97%
10 Year247.88%
15 YearN/A
Volatility
ATR(14)3.74
ATR(20)%2.71%
ATR Inc-2.34%
Range Today4.52
ADR(20)3.91
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.81
3 months CRS16.72
6 months CRS14.34
Mansfield-2.29
10 Day High147.02
10 Day Low135.63
20 Day High150.35
20 Day Low135.63
52 Week High222.92
52 Week Low135.63
CS1 EndN/A
CR1 Start149.96
Volume & EV
DER(3)0.6%
DER(5)0.07%
Volume1.26M
Volume Incr-31.59%
Vol(5)1.15M
Vol(50)1.42M
CDW CORP/DE / CDW FAQ
Can you provide the ChartMill technical rating for CDW CORP/DE?
ChartMill assigns a technical rating of 1 / 10 to CDW.
What is the current trend direction of CDW CORP/DE (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 51.0569. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for CDW CORP/DE?
CDW CORP/DE (CDW) has a resistance level at 149.96. Check the full technical report for our detailed analysis of CDW support and resistance levels.