CDW CORP/DE (CDW) Stock Technical Analysis
NASDAQ:CDW - US12514G1085 - Common Stock
166.46 USD
-0.54 (-0.32%)
166.46 USD
0 (0%)
We assign a technical rating of 0 out of 10 to CDW. CDW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
89% of all other stocks performed better in the past year than CDW.
CDW is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 77% of 124 stocks in the same industry do better.
In the last month CDW has a been trading in the 159.69 - 183.66 range, which is quite wide. It is currently trading near the lows of this range.
CDW has an average volume of 1120850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CDW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CDW is lagging the market.
Although the technical rating is bad, CDW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 173.69. Right above this resistance zone may be a good entry point.
More info and screens
160.33
196.45
2 important support areas can be observed.
- A support zone ranging from 165.94 to 165.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @161.95 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 173.69 to 174.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 178.36 to 182.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 189.04 to 190.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @194.50 from a horizontal line in the daily 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 | 11.76 | NEGATIVE | CDW has a low relative strength, it was outperformed by 88.24% 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) | 44.96 | NEUTRAL | The RSI value for CDW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests CDW has a positive trend. |
| Stochastics (14,3) | 50.62 | NEUTRAL | The Stochastics value for CDW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for CDW suggests some volalility. |
| Average Directional Index/ADX (14) | 28.42 | POSITIVE | The high ADX value value for CDW suggests a strong 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)
166.46
-0.54 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.32%
1 Week0.37%
2 Weeks3.94%
1 Month-8.43%
3 Month-7.71%
6 Month-6.59%
12 Month-26.23%
2 Year-21.16%
3 Year-2.48%
5 Year46.47%
10 Year318.77%
15 YearN/A
Volatility
ATR(14)4.35
ATR(20)%2.77%
ATR Inc-19.31%
Range Today1.47
ADR(20)4.36
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.76
Mansfield-1.64
10 Day High169.84
10 Day Low160.56
20 Day High183.66
20 Day Low159.69
52 Week High230.86
52 Week Low137.31
CS1 End165.99
CR1 Start173.69
Volume & EV
DER(3)-0.02%
DER(5)-0.42%
Volume856.40K
Volume Incr-15.02%
Vol(5)1.03M
Vol(50)1.12M