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Archive - 6/6/2025 - Sign In to see current Signals. |
CDW (CDW) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the CDW (CDW). During the week, the CDW dropped -2.12 points, or -1.18%, and closed at 178.24 on Friday, June 6, 2025. CDW was trading at average weekly trading volume. CDW is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See CDW long-term trend chart] A long-term downtrend had started on April 4, 2024 at 263.37 and reached 137.30 on April 7, 2025. CDW lost 126.07 points, or 47.87%, in 52 weeks. The price is now at the 32.47% retracement level.
Medium-term trend: [See CDW medium-term trend chart] A medium-term downtrend had started on May 14, 2025 at 192.30 and reached 171.16 on June 2, 2025. CDW lost 21.14 points, or 10.99%, in 2 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 166.15 and resistance is at 182.34. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See CDW weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is above its signal line since May 2, 2025. The distance between MACD and the signal line is relatively high, but getting smaller. Use the following link to access a MACD help.
Short-term trend: [See CDW short-term trend chart] A short-term uptrend had started on June 2, 2025 at 171.16 and reached 180.42 on June 4, 2025. CDW gained -9.26 points, or -5.41%, in 2 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See CDW daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since May 22, 2025. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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