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Shares of Cdw Corp/De Rise Above Previous 52-Week High

By Amy Schwartz

Cdw Corp/De (NASDAQ:CDW) traded at a new 52-week high today of $121.50. This new high was reached on above average trading volume as 1.8 million shares traded hands, while the average 30-day volume is approximately 718,000 shares.

Based on a current price of $120.66, Cdw Corp/De is currently 29.6% above its average consensus analyst price target of $84.90. The stock should find initial support at its 50-day moving average (MA) of $113.65 and further support at its 200-day MA of $100.37.

CDW Corporation of Delaware provides information technology products and services. The Company offers hardware, software, computer peripherals, cloud computing, mobile devices, network communication, and security solutions. CDW serves business, government, education, and healthcare customers throughout North America.

Over the past year, Cdw Corp/De has traded in a range of $74.32 to $121.50 and is now at $120.66, 62% above that low. The 200-day and 50-day moving averages have moved 0.65% higher and 0.13% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Cdw Corp/De and will alert subscribers who have CDW in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows cdw corp/de

Ticker(s): CDW