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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- 8/28/2026 -
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CDW (CDW) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range is strongly overboughtBroken trend resistance line
Daily :Williams' Percentage Range is overboughtLane's Stochastic bearish divergenceDaily  MACD line has moved above its signal lineThe 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 10.44 points, or 7.61%, and closed at 147.69 on Friday, August 28, 2026. Weekly volume was -6% 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 (86.16) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. CDW may retest the broken resistance line. It is considered to be a support line now. 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 11.87% retracement level.

Weekly Technical Indicators: [See CDW weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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.

The weekly MACD line is above its signal line since May 29, 2026. This is an indication that the medium-term trend is up. 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 August 25, 2026 at 130.56 and reached 154.15 on August 28, 2026. CDW gained -23.59 points, or -18.07%, in 3 days. The price is now at the 27.38% retracement level.

Daily Technical Indicators: [See CDW daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

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) 61.69
Williams' Percentage Range (W%R) 10.80
Overbought
Lane's Stochastic (%D-Slow) 71.91
Bearish
Greed/Fear Indicator (GFI) 74.25
Moving Average Converg./Diverg. (MACD) 0.64
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.03
Williams' Percentage Range (W%R) 7.80
Strong Overbought
Lane's Stochastic (%D-Slow) 70.18
Greed/Fear Indicator (GFI) 71.67
Moving Average Converg./Diverg. (MACD) -0.59
Trading Signals
Description Value Chart
Upper Bollinger Band 151.18
Daily Stochastic Crossing 150.90
Price 147.69
Weekly Stochastic Crossing 140.13
20 Day Moving Average 140.02
50 Day Moving Average 137.62
Parabolic System 132.58
Lower Bollinger Band 128.67
Sector and Industry
Description Name Rank
Sector Information Technology 7
Industry Technology Distributors 103
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 130.56
Low Date 08/25/2026
High 154.15
High Date 08/28/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 113.00
Low Date 08/05/2026
High 154.15
High Date 08/28/2026
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
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 109.47
Support 86.16
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.