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Watch for Cdw Corp/De to Potentially Rebound After Falling 1.11% Yesterday

By Shiri Gupta

Cdw Corp/De (NASDAQ:CDW) traded in a range yesterday that spanned from a low of $104.76 to a high of $105.71. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $104.83 on volume of 146,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, Cdw Corp/De share prices have been bracketed by a low of $74.32 and a high of $111.59 and are now at $104.87, 41% above that low price. The 200-day and 50-day moving averages have moved 0.43% higher and 0.66% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Cdw Corp/De. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Cdw Corp/De in search of a potential trend change.

Keywords: rebounders cdw corp/de

Ticker(s): CDW