• Return to Headlines

Bearish Moving Average Cross by Cdw Corp/De (CDW)

By Shiri Gupta

Today, shares of Cdw Corp/De (NASDAQ:CDW) have crossed bearishly below their 10-day moving average of $112.12 on a volume of 124K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Cdw Corp/De share prices have moved between a 52-week high of $114.34 and a 52-week low of $74.32 and are now trading 50% above that low price at $111.65 per share. The 200-day and 50-day moving averages have moved 0.36% higher and 0.38% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Cdw Corp/De on June 20th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $107.71. Since that recommendation, shares of Cdw Corp/De have risen 4.4%. We continue to monitor CDW for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses cdw corp/de

Ticker(s): CDW