US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

SHW 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $331.99 and stabilize above resistance $372.16.

Invalidation Trigger

Break above $372.16 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 36.1, MACD -1.482

Daily
Volatility EnvironmentRange
Low volatility

ATR is $6.94 (2.16%)

Daily

EMA Structure

Bearish
EMA 8$324.03Bearish
EMA 21$331.99Bearish
EMA 50$335.78Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.1 · MACD -1.482

Momentum is weak

Strength
Bearish
Volatility
ATR $6.94 · BB 13.32%

Low volatility

Strength
Range
Volume
MFI 52.1 · OBV -322.03%

Relative to 20-period average volume

Strength
Range
Price Levels
$315.42 - $372.16

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+18.12% · 8.4 ATR above latest close

$379.1
Nearest resistance

+15.96% · 7.4 ATR above · 34-bar high

$372.16
Current price

Price shown is delayed

$320.94
Nearest support

-1.72% · 0.8 ATR below · 34-bar low

$315.42
Deeper support zone

-3.88% · 1.8 ATR below latest close

$308.48
ATR zone

Latest close ± ATR14

$314 - $327.88

Indicators

Trend

Dow Theory Structure

Confirmation $315.42, invalidation $355.51

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

Trend strength is active

54.6 / 11.5 / 33.1Bearish
Supertrend (10,3)

Price is above Supertrend

$304.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$333.06 / $336.63Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Volatility

ATR (14)

Low volatility

$6.94 (2.16%)Range
Bollinger Bands (20,2)

Width 13.32%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$345.18 / $317.94Range
ATR channel lower / upper

Current Volatility Envelope

$314 / $327.88Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$372.16Range
Support

Nearest Downside Decision Level

$315.42Range

Momentum

RSI (14)

Momentum is weak

36.1Bearish
MACD (12,26,9)

Histogram is negative

-1.482Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.5 / 18.0Bearish
Williams %R (14)

Oversold zone

-83.5Bullish
CCI (20)

Balanced zone

-72.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.1Range
OBV slope

20-period OBV slope

-322.03%Bearish
Volume ratio

Relative to 20-period average volume

0.81xBearish

Trend

Dow Theory Structure

Confirmation $315.42, invalidation $355.51

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

Trend strength is active

54.6 / 11.5 / 33.1Bearish
Supertrend (10,3)

Price is above Supertrend

$304.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$333.06 / $336.63Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Momentum

RSI (14)

Momentum is weak

36.1Bearish
MACD (12,26,9)

Histogram is negative

-1.482Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.5 / 18.0Bearish
Williams %R (14)

Oversold zone

-83.5Bullish
CCI (20)

Balanced zone

-72.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$6.94 (2.16%)Range
Bollinger Bands (20,2)

Width 13.32%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$345.18 / $317.94Range
ATR channel lower / upper

Current Volatility Envelope

$314 / $327.88Range

Volume / Money Flow

MFI (14)

Money flow is neutral

52.1Range
OBV slope

20-period OBV slope

-322.03%Bearish
Volume ratio

Relative to 20-period average volume

0.81xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$372.16Range
Support

Nearest Downside Decision Level

$315.42Range

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