The Greedy Trader Weekly Analysis
Sign In Jun 12, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

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.

Archive
- 6/5/2026 -
Sign In to see current Signals.

CDW (CDW) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorWilliams' Percentage Range is overboughtWeekly  MACD line has moved above its signal lineTrend resistance at 134.23
Daily :Williams' Percentage Range and Lane's Stochastic are strongly overboughtStochastic has declined below the signal lineThe price has risen above the Parabolic SARThe period of high volatility of the stock price
Move cursor over the icon to see details.

It was a third consecutive positive week for the CDW (CDW). During the week, the CDW gained 7.59 points, or 6.05%, and closed at 133.04 on Friday, June 5, 2026. Weekly volume was 63% above average.

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 97.12 on May 12, 2026. CDW lost 166.25 points, or 63.12%, in 109 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (134.23). 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 uptrend had started on May 12, 2026 at 97.12 and reached 141.46 on June 1, 2026. CDW gained -44.34 points, or -45.65%, in 2 weeks. The price is now at the 18.99% retracement level.

Weekly Technical Indicators: [See CDW weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. 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 Williams' Percentage Range 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 downtrend had started on June 1, 2026 at 141.46 and reached 132.18 on June 5, 2026. CDW lost 9.28 points, or 6.56%, in 4 days. The price is now at the 9.27% retracement level.

Daily Technical Indicators: [See CDW daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since May 22, 2026. The distance between MACD and the signal line is relatively high and getting bigger.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The distance between the Bollinger Bands is 193.53% higher then one year average. It indicates the period of high volatility of the stock price. 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) 77.85
Williams' Percentage Range (W%R) 8.70
Strong Overbought
Lane's Stochastic (%D-Slow) 90.45
Strong Overbought
Greed/Fear Indicator (GFI) 86.52
Overbought
Moving Average Converg./Diverg. (MACD) 0.49
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.36
Williams' Percentage Range (W%R) 14.50
Overbought
Lane's Stochastic (%D-Slow) 39.42
Greed/Fear Indicator (GFI) 59.72
Moving Average Converg./Diverg. (MACD) -8.00
Trading Signals
Description Value Chart
Upper Bollinger Band 152.56
Daily Stochastic Crossing 137.97
Yearly Trendline Resistance 134.23
Price 133.04
50 Day Moving Average 123.28
20 Day Moving Average 114.92
Weekly Stochastic Crossing 114.35
Parabolic System 113.18
Lower Bollinger Band 93.88
Sector and Industry
Description Name Rank
Sector Information Technology 10
Industry Technology Distributors 79
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 141.46
High Date 06/01/2026
Low 132.18
Low Date 06/05/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 97.12
Low Date 05/12/2026
High 141.46
High Date 06/01/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 143.64
High Date 04/22/2026
Low 97.12
Low Date 05/12/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 192.30
High Date 05/14/2025
Low 97.12
Low Date 05/12/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 134.23
Support 21.38
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.