US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

12 hoursBearish82%
12h Downside probability 82%Bearish

SHW 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $349.61 and stabilize above resistance $371.53.

Invalidation Trigger

Break above $371.53 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 44.0, MACD -1.337

12h
Volatility EnvironmentRange
Low volatility

ATR is $6.19 (1.8%)

12h

EMA Structure

Range
EMA 8$347.31Bearish
EMA 21$349.61Bearish
EMA 50$345.89Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.0 · MACD -1.337

Momentum is weak

Strength
Bearish
Volatility
ATR $6.19 · BB 7.42%

Low volatility

Strength
Range
Volume
MFI 11.0 · OBV -10.17%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$338.06 - $371.53

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.83% · 5.5 ATR above latest close

$377.72
Nearest resistance

+8.04% · 4.5 ATR above · 34-bar high

$371.53
Current price

Price shown is delayed

$343.9
Nearest support

-1.7% · 0.9 ATR below · 34-bar low

$338.06
Deeper support zone

-3.5% · 1.9 ATR below latest close

$331.87
ATR zone

Latest close ± ATR14

$337.71 - $350.08

Indicators

Trend

Dow Theory Structure

Confirmation $355.51, invalidation $343.04

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

Trend strength is active

38.3 / 15.1 / 33.1Bearish
Supertrend (10,3)

Price is above Supertrend

$332.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$352.64 / $336.32Bearish
Donchian Channel (20)

20-period breakout channel position

12%Bearish

Volatility

ATR (14)

Low volatility

$6.19 (1.8%)Range
Bollinger Bands (20,2)

Width 7.42%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$358.49 / $340.68Range
ATR channel lower / upper

Current Volatility Envelope

$337.71 / $350.08Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$371.53Range
Support

Nearest Downside Decision Level

$338.06Range

Momentum

RSI (14)

Momentum is weak

44.0Bearish
MACD (12,26,9)

Histogram is negative

-1.337Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.4 / 24.9Bearish
Williams %R (14)

Oversold zone

-81.6Bullish
CCI (20)

Balanced zone

-85.7Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

11.0Bearish
OBV slope

20-period OBV slope

-10.17%Bearish
Volume ratio

Relative to 20-period average volume

0.36xBearish

Trend

Dow Theory Structure

Confirmation $355.51, invalidation $343.04

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

Trend strength is active

38.3 / 15.1 / 33.1Bearish
Supertrend (10,3)

Price is above Supertrend

$332.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$352.64 / $336.32Bearish
Donchian Channel (20)

20-period breakout channel position

12%Bearish

Momentum

RSI (14)

Momentum is weak

44.0Bearish
MACD (12,26,9)

Histogram is negative

-1.337Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.4 / 24.9Bearish
Williams %R (14)

Oversold zone

-81.6Bullish
CCI (20)

Balanced zone

-85.7Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$6.19 (1.8%)Range
Bollinger Bands (20,2)

Width 7.42%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$358.49 / $340.68Range
ATR channel lower / upper

Current Volatility Envelope

$337.71 / $350.08Range

Volume / Money Flow

MFI (14)

Money flow is weak

11.0Bearish
OBV slope

20-period OBV slope

-10.17%Bearish
Volume ratio

Relative to 20-period average volume

0.36xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$371.53Range
Support

Nearest Downside Decision Level

$338.06Range

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