USA - NASDAQ:CDW - US12514G1085 - Common Stock
Taking everything into account, CDW scores 0 out of 10 in our technical rating. 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 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.
140.23
2 important support areas can be observed.
3 important resistance areas can be observed.
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 | 14.32 | NEGATIVE | CDW has a low relative strength, it was outperformed by 85.68% 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) | 38.72 | NEUTRAL | The RSI value for CDW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.7 | NEGATIVE | The MACD value suggests CDW has a negative trend. |
| Stochastics (14,3) | 34.86 | NEUTRAL | The Stochastics value for CDW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for CDW suggests some volalility. |
| Average Directional Index/ADX (14) | 14.76 | NEGATIVE | The low ADX value for CDW suggests a weak or negative trend. |
146.32
+4.66 (+3.29%)
ChartMill assigns a technical rating of 0 / 10 to CDW.
The current trend direction for CDW CORP/DE (CDW) is Bearish.
CDW CORP/DE (CDW) has an RSI value of 38.7244. This indicates that the stock is currently neutral.
The buy/sell signal for CDW CORP/DE (CDW) is sell as both the short term and long term trends are negative.
CDW CORP/DE (CDW) has a support level at 144.49 and a resistance level at 158.35. Check the full technical report for our detailed analysis of CDW support and resistance levels.