US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

12 hoursBullish92%
12h Upside probability 92%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 $289.97 and reclaim $344.4.

Invalidation Trigger

Lose $289.97 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 68.1, MACD 3.877

12h
Volatility EnvironmentRange
Medium volatility

ATR is $9.07 (2.64%)

12h

EMA Structure

Bullish
EMA 8$329.12Bullish
EMA 21$319.53Bullish
EMA 50$318.22Bullish

Signals

CategoryReadStrength
Momentum
RSI 68.1 · MACD 3.877

Momentum is strong

Strength
Bullish
Volatility
ATR $9.07 · BB 17.97%

Medium volatility

Strength
Range
Volume
MFI 75.2 · OBV 70.92%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$289.97 - $344.4

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.77% · 1.0 ATR above latest close

$353.47
Nearest resistance

+0.13% · 0.0 ATR above · 34-bar high

$344.4
Current price

Price shown is delayed

$343.95
Nearest support

-15.69% · 6.0 ATR below · 34-bar low

$289.97
Deeper support zone

-18.33% · 7.0 ATR below latest close

$280.9
ATR zone

Latest close ± ATR14

$334.88 - $353.02

Indicators

Trend

Dow Theory Structure

Confirmation $327.25, invalidation $312.32

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

Trend strength is active

29.9 / 36.5 / 9.5Bullish
Supertrend (10,3)

Price is above Supertrend

$314.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$322.77 / $320.21Bullish
Donchian Channel (20)

20-period breakout channel position

99%Bullish

Volatility

ATR (14)

Medium volatility

$9.07 (2.64%)Range
Bollinger Bands (20,2)

Width 17.97%

104%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$337.82 / $301.95Range
ATR channel lower / upper

Current Volatility Envelope

$334.88 / $353.02Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$344.4Range
Support

Nearest Downside Decision Level

$289.97Range

Momentum

RSI (14)

Momentum is strong

68.1Bullish
MACD (12,26,9)

Histogram is positive

3.877Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

99.0 / 92.4Bullish
Williams %R (14)

Overbought zone

-1.0Bearish
CCI (20)

Strong expansion

161.9Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

75.2Bullish
OBV slope

20-period OBV slope

70.92%Bullish
Volume ratio

Relative to 20-period average volume

0.69xBearish

Trend

Dow Theory Structure

Confirmation $327.25, invalidation $312.32

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

Trend strength is active

29.9 / 36.5 / 9.5Bullish
Supertrend (10,3)

Price is above Supertrend

$314.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$322.77 / $320.21Bullish
Donchian Channel (20)

20-period breakout channel position

99%Bullish

Momentum

RSI (14)

Momentum is strong

68.1Bullish
MACD (12,26,9)

Histogram is positive

3.877Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

99.0 / 92.4Bullish
Williams %R (14)

Overbought zone

-1.0Bearish
CCI (20)

Strong expansion

161.9Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$9.07 (2.64%)Range
Bollinger Bands (20,2)

Width 17.97%

104%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$337.82 / $301.95Range
ATR channel lower / upper

Current Volatility Envelope

$334.88 / $353.02Range

Volume / Money Flow

MFI (14)

Money flow is strong

75.2Bullish
OBV slope

20-period OBV slope

70.92%Bullish
Volume ratio

Relative to 20-period average volume

0.69xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$344.4Range
Support

Nearest Downside Decision Level

$289.97Range

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