US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

12 hoursBearish92%
12h Downside probability 92%Bearish

SHW 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $322.85 and stabilize above resistance $334.97.

Invalidation Trigger

Break above $334.97 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 39.9, MACD -0.532

12h
Volatility EnvironmentRange
Low volatility

ATR is $6.23 (1.97%)

12h

EMA Structure

Bearish
EMA 8$319.82Bearish
EMA 21$322.85Bearish
EMA 50$327.89Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.9 · MACD -0.532

Momentum is weak

Strength
Bearish
Volatility
ATR $6.23 · BB 5.80%

Low volatility

Strength
Range
Volume
MFI 51.2 · OBV -13.81%

Relative to 20-period average volume

Strength
Range
Price Levels
$311.56 - $334.97

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.93% · 4.0 ATR above latest close

$341.2
Nearest resistance

+5.96% · 3.0 ATR above · 34-bar high

$334.97
Current price

Price shown is delayed

$316.13
Nearest support

-1.45% · 0.7 ATR below · 34-bar low

$311.56
Deeper support zone

-3.42% · 1.7 ATR below latest close

$305.33
ATR zone

Latest close ± ATR14

$309.9 - $322.36

Indicators

Trend

Dow Theory Structure

Confirmation $313.35, invalidation $322.85

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

Trend strength is moderate

12.2 / 24.3 / 34.9Bearish
Supertrend (10,3)

Price is above Supertrend

$298.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$322.3 / $333.53Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Volatility

ATR (14)

Low volatility

$6.23 (1.97%)Range
Bollinger Bands (20,2)

Width 5.80%

10%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$333.74 / $311.57Range
ATR channel lower / upper

Current Volatility Envelope

$309.9 / $322.36Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$334.97Range
Support

Nearest Downside Decision Level

$311.56Range

Momentum

RSI (14)

Momentum is weak

39.9Bearish
MACD (12,26,9)

Histogram is negative

-0.532Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.5 / 23.9Bearish
Williams %R (14)

Oversold zone

-80.5Bullish
CCI (20)

Weak expansion

-145.5Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.2Range
OBV slope

20-period OBV slope

-13.81%Bearish
Volume ratio

Relative to 20-period average volume

1.69xBullish

Trend

Dow Theory Structure

Confirmation $313.35, invalidation $322.85

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

Trend strength is moderate

12.2 / 24.3 / 34.9Bearish
Supertrend (10,3)

Price is above Supertrend

$298.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$322.3 / $333.53Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Momentum

RSI (14)

Momentum is weak

39.9Bearish
MACD (12,26,9)

Histogram is negative

-0.532Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.5 / 23.9Bearish
Williams %R (14)

Oversold zone

-80.5Bullish
CCI (20)

Weak expansion

-145.5Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$6.23 (1.97%)Range
Bollinger Bands (20,2)

Width 5.80%

10%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$333.74 / $311.57Range
ATR channel lower / upper

Current Volatility Envelope

$309.9 / $322.36Range

Volume / Money Flow

MFI (14)

Money flow is neutral

51.2Range
OBV slope

20-period OBV slope

-13.81%Bearish
Volume ratio

Relative to 20-period average volume

1.69xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$334.97Range
Support

Nearest Downside Decision Level

$311.56Range

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