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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- 8/14/2026 -
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CDW (CDW) Technical Analysis

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Summary:
Weekly :Stochastic signal line moved below overbought areaBroken trend resistance line
Daily :Price is near the Fibonacci 61.8% retracement levelThe price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week for the CDW (CDW). During the week, the CDW gained 3.61 points, or 2.66%, and closed at 139.42 on Friday, August 14, 2026. Weekly volume was -25% below average.

Long-term trend: [See CDW long-term trend chart]
A long-term downtrend had started on April 4, 2024 at 263.37 and reached 97.12 on May 12, 2026. CDW lost 166.25 points, or 63.12%, in 109 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (87.62) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See CDW medium-term trend chart]
A medium-term uptrend had started on May 12, 2026 at 97.12 and reached 154.50 on August 4, 2026. CDW gained -57.38 points, or -59.08%, in 12 weeks. The price is now at the 26.28% retracement level.

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 below overbought area. Such crossover is considered a bearish 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.

The weekly MACD line is above its signal line since May 29, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See CDW short-term trend chart]
A short-term downtrend had started on August 4, 2026 at 154.50 and reached 113.00 on August 5, 2026. CDW lost 41.50 points, or 26.86%, in 1 days. Price is near the Fibonacci 61.8% 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 August 6, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.

During the last week, the price has moved above 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.28
Williams' Percentage Range (W%R) 27.80
Lane's Stochastic (%D-Slow) 60.21
Greed/Fear Indicator (GFI) 61.24
Moving Average Converg./Diverg. (MACD) 1.85
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.09
Williams' Percentage Range (W%R) 20.10
Lane's Stochastic (%D-Slow) 74.32
Greed/Fear Indicator (GFI) 70.96
Moving Average Converg./Diverg. (MACD) -1.67
Trading Signals
Description Value Chart
Upper Bollinger Band 152.93
Parabolic System 145.62
Weekly Stochastic Crossing 143.18
Price 139.42
20 Day Moving Average 139.32
50 Day Moving Average 136.19
Daily Stochastic Crossing 132.03
Lower Bollinger Band 125.57
Yearly Trendline Resistance 112.03
Sector and Industry
Description Name Rank
Sector Information Technology 7
Industry Technology Distributors 99
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 113.00
Low Date 08/05/2026
High 144.13
High Date 08/06/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 154.50
High Date 08/04/2026
Low 113.00
Low Date 08/05/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 127.39
Low Date 07/21/2026
High 154.50
High Date 08/04/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 97.12
Low Date 05/12/2026
High 154.50
High Date 08/04/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 112.03
Support 87.62
High 263.37
High Date 04/04/2024
Low 97.12
Low Date 05/12/2026
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.