US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

1 dayBearish69%
Daily Downside probability 69%Bearish

SHW 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $349.03 and stabilize above resistance $372.16.

Invalidation Trigger

Break above $372.16 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 46.3, MACD -2.362

Daily
Volatility EnvironmentRange
Low volatility

ATR is $6.95 (2.02%)

Daily

EMA Structure

Range
EMA 8$347.95Bearish
EMA 21$349.03Bearish
EMA 50$342.42Bullish

Signals

CategoryReadStrength
Momentum
RSI 46.3 · MACD -2.362

Neutral zone

Strength
Bearish
Volatility
ATR $6.95 · BB 9.37%

Low volatility

Strength
Range
Volume
MFI 37.3 · OBV -14.80%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$301.1 - $372.16

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+10.41% · 5.1 ATR above latest close

$379.11
Nearest resistance

+8.38% · 4.1 ATR above · 34-bar high

$372.16
Current price

Price shown is delayed

$343.38
Nearest support

-12.31% · 6.1 ATR below · 34-bar low

$301.1
Deeper support zone

-14.34% · 7.1 ATR below latest close

$294.15
ATR zone

Latest close ± ATR14

$336.43 - $350.33

Indicators

Trend

Dow Theory Structure

Confirmation $355.51, invalidation $340.5

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

Trend strength is active

33.4 / 12.2 / 34.3Bearish
Supertrend (10,3)

Price is above Supertrend

$324.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$345.64 / $336.63Bearish
Donchian Channel (20)

20-period breakout channel position

9%Range

Volatility

ATR (14)

Low volatility

$6.95 (2.02%)Range
Bollinger Bands (20,2)

Width 9.37%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$363.57 / $334.77Range
ATR channel lower / upper

Current Volatility Envelope

$336.43 / $350.33Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$372.16Range
Support

Nearest Downside Decision Level

$301.1Range

Momentum

RSI (14)

Neutral zone

46.3Range
MACD (12,26,9)

Histogram is negative

-2.362Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.5 / 17.7Bearish
Williams %R (14)

Oversold zone

-89.5Bullish
CCI (20)

Balanced zone

-96.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.3Bearish
OBV slope

20-period OBV slope

-14.80%Bearish
Volume ratio

Relative to 20-period average volume

0.14xBearish

Trend

Dow Theory Structure

Confirmation $355.51, invalidation $340.5

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

Trend strength is active

33.4 / 12.2 / 34.3Bearish
Supertrend (10,3)

Price is above Supertrend

$324.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$345.64 / $336.63Bearish
Donchian Channel (20)

20-period breakout channel position

9%Range

Momentum

RSI (14)

Neutral zone

46.3Range
MACD (12,26,9)

Histogram is negative

-2.362Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.5 / 17.7Bearish
Williams %R (14)

Oversold zone

-89.5Bullish
CCI (20)

Balanced zone

-96.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$6.95 (2.02%)Range
Bollinger Bands (20,2)

Width 9.37%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$363.57 / $334.77Range
ATR channel lower / upper

Current Volatility Envelope

$336.43 / $350.33Range

Volume / Money Flow

MFI (14)

Money flow is weak

37.3Bearish
OBV slope

20-period OBV slope

-14.80%Bearish
Volume ratio

Relative to 20-period average volume

0.14xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$372.16Range
Support

Nearest Downside Decision Level

$301.1Range

Related Forecasts