US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

1 dayBearish55%
Daily Downside probability 55%Bearish

SHW 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $332.03 and stabilize above resistance $353.67.

Invalidation Trigger

Break above $353.67 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 50.8, MACD -1.792

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $8.37 (2.53%)

Daily

EMA Structure

Bullish
EMA 8$333.59Bearish
EMA 21$332.03Bearish
EMA 50$326.88Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.8 · MACD -1.792

Neutral zone

Strength
Bearish
Volatility
ATR $8.37 · BB 10.57%

Medium volatility

Strength
Range
Volume
MFI 68.1 · OBV 167.29%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$289.86 - $353.67

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.27% · 3.7 ATR above latest close

$362.04
Nearest resistance

+6.75% · 2.7 ATR above · 34-bar high

$353.67
Current price

Price shown is delayed

$331.32
Nearest support

-12.51% · 5.0 ATR below · 34-bar low

$289.86
Deeper support zone

-15.04% · 6.0 ATR below latest close

$281.49
ATR zone

Latest close ± ATR14

$322.95 - $339.69

Indicators

Trend

Dow Theory Structure

Confirmation $327.38, invalidation $337.2

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

31.9 / 16.8 / 26.1Bearish
Supertrend (10,3)

Price is above Supertrend

$310.35Bullish
Ichimoku Cloud

Cloud Span A / Span B

$332.23 / $321.77Bearish
Donchian Channel (20)

20-period breakout channel position

41%Range

Volatility

ATR (14)

Medium volatility

$8.37 (2.53%)Range
Bollinger Bands (20,2)

Width 10.57%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$350.09 / $314.52Range
ATR channel lower / upper

Current Volatility Envelope

$322.95 / $339.69Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$353.67Range
Support

Nearest Downside Decision Level

$289.86Range

Momentum

RSI (14)

Neutral zone

50.8Range
MACD (12,26,9)

Histogram is negative

-1.792Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.0 / 23.6Bearish
Williams %R (14)

Oversold zone

-85.0Bullish
CCI (20)

Balanced zone

-15.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

68.1Bullish
OBV slope

20-period OBV slope

167.29%Bullish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Trend

Dow Theory Structure

Confirmation $327.38, invalidation $337.2

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

31.9 / 16.8 / 26.1Bearish
Supertrend (10,3)

Price is above Supertrend

$310.35Bullish
Ichimoku Cloud

Cloud Span A / Span B

$332.23 / $321.77Bearish
Donchian Channel (20)

20-period breakout channel position

41%Range

Momentum

RSI (14)

Neutral zone

50.8Range
MACD (12,26,9)

Histogram is negative

-1.792Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.0 / 23.6Bearish
Williams %R (14)

Oversold zone

-85.0Bullish
CCI (20)

Balanced zone

-15.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$8.37 (2.53%)Range
Bollinger Bands (20,2)

Width 10.57%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$350.09 / $314.52Range
ATR channel lower / upper

Current Volatility Envelope

$322.95 / $339.69Range

Volume / Money Flow

MFI (14)

Money flow is strong

68.1Bullish
OBV slope

20-period OBV slope

167.29%Bullish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$353.67Range
Support

Nearest Downside Decision Level

$289.86Range

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