CDW CORP/DE (CDW) Stock Technical Analysis
NASDAQ:CDW - Nasdaq - US12514G1085 - Common Stock - Currency: USD
Overall CDW gets a technical rating of 1 out of 10. CDW performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, CDW is a bad performer in the overall market: 80% of all stocks are doing better.
CDW is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 67% of 124 stocks in the same industry do better.
In the last month CDW has a been trading in the 167.47 - 183.66 range, which is quite wide. It is currently trading near the lows of this range.
CDW has an average volume of 1033580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
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
167.16
196.45
We found 1 important support area.
- A support zone ranging from 168.85 to 168.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 174.05 to 175.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 177.96 to 182.84. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for CDW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CDW is down. |
| ChartMill Relative Strength | 20.35 | NEGATIVE | CDW has a low relative strength, it was outperformed by 79.65% 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) | 40.64 | NEUTRAL | The RSI value for CDW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.08 | NEGATIVE | The MACD value suggests CDW has a negative trend. |
| Stochastics (14,3) | 14.28 | OVERSOLD | The low Stochastics value suggests CDW may be oversold. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for CDW suggests some volalility. |
| Average Directional Index/ADX (14) | 14.37 | NEGATIVE | The low ADX value for CDW suggests a weak or negative 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)
172.14
+3.28 (+1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.94%
1 Week-5.3%
2 Weeks-2.67%
1 Month-2.94%
3 Month-3.8%
6 Month-10.35%
12 Month-19.46%
2 Year-18.47%
3 Year0.84%
5 Year51.47%
10 Year333.06%
15 YearN/A
Volatility
ATR(14)3.67
ATR(20)%2.13%
ATR Inc49.39%
Range Today3.26
ADR(20)3.42
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.35
Mansfield-1.44
10 Day High183.66
10 Day Low167.47
20 Day High183.66
20 Day Low167.47
52 Week High231.38
52 Week Low137.31
CS1 EndN/A
CR1 Start174.05
Volume & EV
DER(3)4.3%
DER(5)1.23%
Volume1.32M
Volume Incr36.71%
Vol(5)1.08M
Vol(50)1.03M