US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

1 dayBullish92%
Daily Upside probability 92%Bullish

SHW 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $289.97 and reclaim $345.76.

Invalidation Trigger

Lose $289.97 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 68.7, MACD 3.951

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $9.08 (2.64%)

Daily

EMA Structure

Bullish
EMA 8$332.58Bullish
EMA 21$321.87Bullish
EMA 50$319.47Bullish

Signals

CategoryReadStrength
Momentum
RSI 68.7 · MACD 3.951

Momentum is strong

Strength
Bullish
Volatility
ATR $9.08 · BB 19.48%

Medium volatility

Strength
Range
Volume
MFI 87.5 · OBV 265.90%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$289.97 - $345.76

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.14% · 1.2 ATR above latest close

$354.83
Nearest resistance

+0.5% · 0.2 ATR above · 34-bar high

$345.76
Current price

Price shown is delayed

$344.02
Nearest support

-15.71% · 6.0 ATR below · 34-bar low

$289.97
Deeper support zone

-18.35% · 7.0 ATR below latest close

$280.89
ATR zone

Latest close ± ATR14

$334.94 - $353.1

Indicators

Trend

Dow Theory Structure

Confirmation $327.25, invalidation $312.32

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

35.5 / 40.1 / 6.8Bullish
Supertrend (10,3)

Price is above Supertrend

$315.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$323.45 / $320.21Bullish
Donchian Channel (20)

20-period breakout channel position

97%Bullish

Volatility

ATR (14)

Medium volatility

$9.08 (2.64%)Range
Bollinger Bands (20,2)

Width 19.48%

96%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$340.14 / $304.46Range
ATR channel lower / upper

Current Volatility Envelope

$334.94 / $353.1Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$345.76Range
Support

Nearest Downside Decision Level

$289.97Range

Momentum

RSI (14)

Momentum is strong

68.7Bullish
MACD (12,26,9)

Histogram is positive

3.951Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

95.9 / 94.7Bullish
Williams %R (14)

Overbought zone

-4.1Bearish
CCI (20)

Strong expansion

143.9Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

87.5Bullish
OBV slope

20-period OBV slope

265.90%Bullish
Volume ratio

Relative to 20-period average volume

2.08xBullish

Trend

Dow Theory Structure

Confirmation $327.25, invalidation $312.32

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

35.5 / 40.1 / 6.8Bullish
Supertrend (10,3)

Price is above Supertrend

$315.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$323.45 / $320.21Bullish
Donchian Channel (20)

20-period breakout channel position

97%Bullish

Momentum

RSI (14)

Momentum is strong

68.7Bullish
MACD (12,26,9)

Histogram is positive

3.951Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

95.9 / 94.7Bullish
Williams %R (14)

Overbought zone

-4.1Bearish
CCI (20)

Strong expansion

143.9Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Medium volatility

$9.08 (2.64%)Range
Bollinger Bands (20,2)

Width 19.48%

96%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$340.14 / $304.46Range
ATR channel lower / upper

Current Volatility Envelope

$334.94 / $353.1Range

Volume / Money Flow

MFI (14)

Money flow is strong

87.5Bullish
OBV slope

20-period OBV slope

265.90%Bullish
Volume ratio

Relative to 20-period average volume

2.08xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$345.76Range
Support

Nearest Downside Decision Level

$289.97Range

Related Forecasts