The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 4/10/2026 -
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CDW (CDW) Technical Analysis

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Summary:
Weekly :Stochastic signal line moved above oversold areaWeekly  MACD line has moved above its signal lineTrend resistance at 133.74Trend resistance at 125.29
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtPrice has crossed above the 50 Day Moving Average
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It was a second consecutive positive week for the CDW (CDW). During the week, the CDW gained 3.52 points, or 2.89%, and closed at 125.53 on Friday, April 10, 2026. CDW was trading at average weekly trading volume.

Long-term trend: [See CDW long-term trend chart]
A long-term downtrend had started on April 4, 2024 at 263.37 and reached 112.98 on March 12, 2026. CDW lost 150.39 points, or 57.10%, in 101 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (133.74). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.

Medium-term trend: [See CDW medium-term trend chart]
A medium-term downtrend had started on May 14, 2025 at 192.30 and reached 112.98 on March 12, 2026. CDW lost 79.32 points, or 41.25%, in 43 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (125.29). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See CDW weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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.

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 March 31, 2026 at 117.10 and reached 128.60 on April 10, 2026. CDW gained -11.50 points, or -9.82%, in 10 days. The price is now at the 26.70% retracement level.

Daily Technical Indicators: [See CDW daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Use the following link to access Williams' Percentage Range help.

The daily MACD line is above its signal line since March 18, 2026. This is an indication that the short-term trend is up.

During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.10
Williams' Percentage Range (W%R) 9.90
Strong Overbought
Lane's Stochastic (%D-Slow) 84.95
Overbought
Greed/Fear Indicator (GFI) 80.72
Overbought
Moving Average Converg./Diverg. (MACD) -0.49
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.22
Williams' Percentage Range (W%R) 62.50
Lane's Stochastic (%D-Slow) 22.27
Greed/Fear Indicator (GFI) 35.23
Moving Average Converg./Diverg. (MACD) -9.93
Trading Signals
Description Value Chart
Yearly Trendline Resistance 133.74
Upper Bollinger Band 128.55
Daily Stochastic Crossing 126.72
Price 125.53
Quarterly Trendline Resistance 125.29
50 Day Moving Average 124.62
Parabolic System 121.72
20 Day Moving Average 121.06
Weekly Stochastic Crossing 118.62
Lower Bollinger Band 116.73
Quarterly Trendline Support 107.14
Sector and Industry
Description Name Rank
Sector Information Technology 3
Industry Technology Distributors 32
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 117.10
Low Date 03/31/2026
High 128.60
High Date 04/10/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 117.10
Low Date 03/31/2026
High 128.60
High Date 04/10/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 112.98
Low Date 03/12/2026
High 128.60
High Date 04/10/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Test Resistance
Resistance 125.29
Support 107.14
High 192.30
High Date 05/14/2025
Low 112.98
Low Date 03/12/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 133.74
Support 37.13
High 263.37
High Date 04/04/2024
Low 112.98
Low Date 03/12/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.