US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

1 dayBearish78%
Daily Downside probability 78%Bearish

SHW 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $323.85 and stabilize above resistance $355.51.

Invalidation Trigger

Break above $355.51 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 38.7, MACD -0.192

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $7.39 (2.35%)

Daily

EMA Structure

Bearish
EMA 8$319.39Bearish
EMA 21$323.85Bearish
EMA 50$329.58Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.7 · MACD -0.192

Momentum is weak

Strength
Bearish
Volatility
ATR $7.39 · BB 4.90%

Medium volatility

Strength
Range
Volume
MFI 45.5 · OBV -495.27%

Relative to 20-period average volume

Strength
Range
Price Levels
$311.12 - $355.51

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+15.21% · 6.5 ATR above latest close

$362.9
Nearest resistance

+12.86% · 5.5 ATR above · 34-bar high

$355.51
Current price

Price shown is delayed

$315
Nearest support

-1.23% · 0.5 ATR below · 34-bar low

$311.12
Deeper support zone

-3.58% · 1.5 ATR below latest close

$303.73
ATR zone

Latest close ± ATR14

$307.61 - $322.39

Indicators

Trend

Dow Theory Structure

Confirmation $336.54, invalidation $313.26

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

14.4 / 28.8 / 31.1Bearish
Supertrend (10,3)

Price is above Supertrend

$291.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$323.83 / $341.64Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Volatility

ATR (14)

Medium volatility

$7.39 (2.35%)Range
Bollinger Bands (20,2)

Width 4.90%

3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$339.16 / $307.9Range
ATR channel lower / upper

Current Volatility Envelope

$307.61 / $322.39Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$355.51Range
Support

Nearest Downside Decision Level

$311.12Range

Momentum

RSI (14)

Momentum is weak

38.7Bearish
MACD (12,26,9)

Histogram is negative

-0.192Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.3 / 22.5Bearish
Williams %R (14)

Oversold zone

-84.7Bullish
CCI (20)

Weak expansion

-159.1Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.5Range
OBV slope

20-period OBV slope

-495.27%Bearish
Volume ratio

Relative to 20-period average volume

1.21xBullish

Trend

Dow Theory Structure

Confirmation $336.54, invalidation $313.26

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

14.4 / 28.8 / 31.1Bearish
Supertrend (10,3)

Price is above Supertrend

$291.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$323.83 / $341.64Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Momentum

RSI (14)

Momentum is weak

38.7Bearish
MACD (12,26,9)

Histogram is negative

-0.192Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.3 / 22.5Bearish
Williams %R (14)

Oversold zone

-84.7Bullish
CCI (20)

Weak expansion

-159.1Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Medium volatility

$7.39 (2.35%)Range
Bollinger Bands (20,2)

Width 4.90%

3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$339.16 / $307.9Range
ATR channel lower / upper

Current Volatility Envelope

$307.61 / $322.39Range

Volume / Money Flow

MFI (14)

Money flow is neutral

45.5Range
OBV slope

20-period OBV slope

-495.27%Bearish
Volume ratio

Relative to 20-period average volume

1.21xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$355.51Range
Support

Nearest Downside Decision Level

$311.12Range

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