Trading Signals: CDW Stock Price Prediction and Forecast

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Thu. Jul. 6, 2023

Trading Signals: CDW Stock Price Prediction and Forecast (Thu. Jun. 27, 2013 - Wed. Sep. 27, 2023)

(CDW Corp.)
CDW latest price $182.5800 (-1.01%) ($182.5800 - $183.0600) on Thu. Jul. 6, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.05% (three month average)
RSI   69
Latest Price   $182.5800(-1.01%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CDW advances 0.6% a day on average for past five trading days.
Weekly Trend   CDW advances 1.6% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support CDW advance at 0% a week (0% probability)
PAVE(41%)    IWD(36%)    IVE(35%)    XLI(35%)    IFRA(34%)
Factors Impacting CDW price   CDW will decline at least -1.025% in a week (0% probabilities).
VXX(-15%)    VIXM(-15%)    SLV(-10%)    XBI(-3%)    USO(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.025% (StdDev 2.05%)
Hourly BBV -0.3 ()
Intraday Trend 0%

5 Day Moving Average   $182.85(-0.15%)
10 Day Moving Average   $180.42(1.2%)
20 Day Moving Average   $177.82(2.68%)
To recent high   -4.1%
To recent low   11.9%
Market Cap   $26.036b

CDW Corp. engages in the provision of information technology solutions including mobility, security, data center optimization, cloud computing, virtualization and collaboration. It operates through the following segments: Corporate, Small Business, and Public. The Corporate segment serves the private sector business customers. The Small Business segment also caters to the private sector businesses but with smaller number of employees. The Public segment involves government agencies, education, and healthcare institutions. The company was founded in 1984 by Michael P. Krasny and is headquartered in Lincolnshire, IL.

$. CDW price fluctuates within 2.13% (three month std-dev: 2.05%) daily (68% of days).

Sample size 38 Average positive next day return: 0.91%(50%) Average negative next day return: -0.83%(50%) Sample size 38 Average positive next three day return: 2.09%(53%) Average negative next three day return: -1.33%(47%) Sample size 38 Average positive next weekly return: 2.71%(63%) Average negative next weekly return: -2.38%(37%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230806

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_6_2023	182.1	177.82	180.42	182.85	183.54	183.59	182.58(-1.01%)	UD	OpenLong	75	-0.1	19	10	9	50	0.52	9%	-0.16	76.5	2.05%	-0.3	1.3	69	-0.6
2	Jul_5_2023	182.4	177.17	179.89	181.78	182.97	183.81	184.44(0.71%)	UT	HoldLong	65	0.7	46	50	42	57	0.67	9%	-0.3	61.8	2.05%	1.3	1.9	79	0.9
3	Jul_3_2023	182.94	176.4	179.16	180.41	181.16	183.48	183.14(-0.27%)	UD	OpenLong	75	0.7	59	100	59	59	0.41	8%	-0.13	43.7	2.06%	0	1.7	80	1.2
4	Jun_30_2023	183.17	175.93	178.61	179.23	179.79	182.14	183.64(1.77%)	UT	HoldLong	65	1.2	101	100	108	79	0.44	17%	-0.11	43.5	2.07%	1.4	2.1	86	1
5	Jun_29_2023	183.37	175.39	178.01	178.07	178.29	178.83	180.45(1.82%)	UT	HoldLong	65	0.7	48	20	45	56	0.68	22%	-0.12	48.1	2.06%	2	1.5	82	1

6	Jun_28_2023	183.59	174.97	177.61	178.07	177.64	177.45	177.22(-0.22%)	N/A	N/A	0	-0.2	0	-10	-12	37	0.56	19%	-0.13	50.8	2.06%	0.2	0.7	70	1.2
7	Jun_27_2023	183.82	174.83	177.43	177.7	178.01	177.74	177.61(0.22%)	UT	HoldLong	65	-0	13	-10	-0	51	0.84	19%	-0.12	50.8	2.1%	0.1	0.9	77	1.1
8	Jun_26_2023	184.05	174.63	177.03	177.67	177.89	177.82	177.22(-0.35%)	UD	OpenLong	65	-0.1	5	0	-11	54	0.49	19%	-0.14	53.4	2.09%	-0.9	0.8	77	1
9	Jun_23_2023	184.3	174.31	176.41	177.85	177.89	178.28	177.85(-0.43%)	UD	OpenLong	75	0	21	20	8	59	0.51	19%	-0.13	50	2.09%	-0.8	1.2	57	1.1
10	Jun_22_2023	184.54	173.81	175.73	177.92	177.81	177.95	178.62(0.8%)	UT	OpenLong	75	0.2	31	0	21	62	0.51	18%	-0.11	43.1	2.09%	2	1.6	61	1.4

11	Jun_21_2023	184.75	173.39	175.07	177.51	177.51	177.34	177.2(-0.16%)	UD	OpenLong	65	-0.1	11	-10	-2	49	0.42	22%	-0.1	38.9	2.1%	-0.3	1.2	61	1.3
12	Jun_20_2023	184.94	173.27	174.31	177.1	177.27	177.66	177.48(-0.35%)	UD	OpenLong	75	0.1	20	20	12	44	0.51	26%	-0.14	42.6	2.12%	-0.5	1.4	55	1.2
13	Jun_16_2023	185.2	172.99	173.49	176.25	176.69	177.69	178.1(-0.06%)	UD	OpenLong	75	0.6	43	50	43	42	1.53	29%	-0.09	41.8	2.14%	0.3	1.8	57	1.6
14	Jun_15_2023	185.36	172.8	173.04	174.72	175.54	176.89	178.2(0.91%)	UT	OpenLong	75	1.3	55	70	60	41	1.15	28%	-0.08	42.5	2.18%	1.1	2	64	1.2
15	Jun_14_2023	185.5	172.52	172.5	173.21	173.76	175.69	176.59(0.83%)	UT	OpenLong	75	1.5	52	90	58	35	0.75	28%	-0.11	39.3	2.18%	1.5	1.7	67	4.5

16	Jun_13_2023	185.71	172.19	172.03	172.29	172.44	174.18	175.13(1.09%)	UT	OpenLong	75	1.3	62	70	71	35	0.36	28%	-0.13	35.4	2.18%	1.5	1.3	58	1.3
17	Jun_12_2023	185.96	171.98	171.91	171.14	171.66	171.84	173.24(1.64%)	UT	OpenLong	75	1	36	20	44	13	0.33	28%	-0.14	33.9	2.18%	1.5	0.6	46	1.4
18	Jun_9_2023	186.22	171.81	171.95	170.33	170.69	170.7	170.44(-0.12%)	DT	OpenShort	-75	0.1	-18	10	-18	-17	0.34	26%	-0.15	30.1	2.2%	-0.3	-0.6	47	1.7
19	Jun_8_2023	186.5	171.69	172	171.1	170.38	171.48	170.65(-0.79%)	N/A	N/A	0	-0.2	0	30	3	-8	0.8	26%	-0.15	43.7	2.2%	0.8	-0.5	44	2
20	Jun_7_2023	186.78	171.61	171.77	171.68	171.3	170.68	172.01(1.57%)	N/A	N/A	0	0.1	19	-30	26	-2	0.46	25%	-0.14	55.7	2.2%	1.4	0.2	48	2.2

21	Jun_6_2023	187.04	171.41	171.63	171.75	171.69	169.28	169.35(0.08%)	DP	OpenShort	-75	-0.9	-68	-100	-76	-42	0.7	25%	-0.1	54.7	2.2%	-1.1	-0.8	50	2.4
22	Jun_5_2023	187.22	171.28	172.21	172.8	172.44	171.93	169.21(-2.91%)	DT	OpenShort	-75	-1.3	-62	-30	-74	-26	1.09	25%	-0.14	54.3	2.2%	-1.9	-0.7	49	2.3
23	Jun_2_2023	187.49	171.18	172.57	173.75	173.89	174.1	174.28(0.42%)	UT	OpenLong	75	0.2	32	10	33	29	0.64	26%	-0.11	56.7	2.18%	1	1.1	58	2.2
24	Jun_1_2023	187.69	170.68	172.6	173.01	173.72	172.95	173.54(0.68%)	UT	OpenLong	75	0.2	7	-20	2	21	0.41	26%	-0.09	39.2	2.18%	0.3	0.9	61	2
25	May_31_2023	187.86	170.27	172.55	171.86	172.84	173.68	172.36(-1.28%)	UT	HoldLong	50	0.1	4	50	-1	17	0.51	26%		28.6	2.22%	-1	0.6	57	1.2
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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