US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

12 hoursBullish62%
12h Upside probability 62%Bullish

SHW 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $304.5 and reclaim $346.25.

Invalidation Trigger

Lose $304.5 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 46.3, MACD -0.951

12h
Volatility EnvironmentRange
Medium volatility

ATR is $8.96 (2.75%)

12h

EMA Structure

Bullish
EMA 8$332.18Bearish
EMA 21$331.02Bearish
EMA 50$329.67Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.3 · MACD -0.951

Neutral zone

Strength
Bearish
Volatility
ATR $8.96 · BB 8.99%

Medium volatility

Strength
Range
Volume
MFI 62.1 · OBV 22.94%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$304.5 - $346.25

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+8.96% · 3.3 ATR above latest close

$355.21
Nearest resistance

+6.21% · 2.3 ATR above · 34-bar high

$346.25
Current price

Price shown is delayed

$326.01
Nearest support

-6.6% · 2.4 ATR below · 34-bar low

$304.5
Deeper support zone

-9.35% · 3.4 ATR below latest close

$295.54
ATR zone

Latest close ± ATR14

$317.05 - $334.97

Indicators

Trend

Dow Theory Structure

Confirmation $346.25, invalidation $304.5

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

Trend strength is active

44.3 / 25.7 / 23.8Bullish
Supertrend (10,3)

Price is above Supertrend

$294.72Bullish
Ichimoku Cloud

Cloud Span A / Span B

$327.56 / $325.38Bearish
Donchian Channel (20)

20-period breakout channel position

39%Range

Volatility

ATR (14)

Medium volatility

$8.96 (2.75%)Range
Bollinger Bands (20,2)

Width 8.99%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$350.06 / $312.28Range
ATR channel lower / upper

Current Volatility Envelope

$317.05 / $334.97Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$346.25Range
Support

Nearest Downside Decision Level

$304.5Range

Momentum

RSI (14)

Neutral zone

46.3Range
MACD (12,26,9)

Histogram is negative

-0.951Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

38.7 / 39.2Bearish
Williams %R (14)

Neutral zone

-61.3Range
CCI (20)

Balanced zone

-67.9Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

62.1Bullish
OBV slope

20-period OBV slope

22.94%Bullish
Volume ratio

Relative to 20-period average volume

3.12xBullish

Trend

Dow Theory Structure

Confirmation $346.25, invalidation $304.5

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

Trend strength is active

44.3 / 25.7 / 23.8Bullish
Supertrend (10,3)

Price is above Supertrend

$294.72Bullish
Ichimoku Cloud

Cloud Span A / Span B

$327.56 / $325.38Bearish
Donchian Channel (20)

20-period breakout channel position

39%Range

Momentum

RSI (14)

Neutral zone

46.3Range
MACD (12,26,9)

Histogram is negative

-0.951Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

38.7 / 39.2Bearish
Williams %R (14)

Neutral zone

-61.3Range
CCI (20)

Balanced zone

-67.9Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Medium volatility

$8.96 (2.75%)Range
Bollinger Bands (20,2)

Width 8.99%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$350.06 / $312.28Range
ATR channel lower / upper

Current Volatility Envelope

$317.05 / $334.97Range

Volume / Money Flow

MFI (14)

Money flow is strong

62.1Bullish
OBV slope

20-period OBV slope

22.94%Bullish
Volume ratio

Relative to 20-period average volume

3.12xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$346.25Range
Support

Nearest Downside Decision Level

$304.5Range

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