US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

12 hoursBearish62%
12h Downside probability 62%Bearish

SHW 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $333.45 and stabilize above resistance $353.67.

Invalidation Trigger

Break above $353.67 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 49.3, MACD -1.522

12h
Volatility EnvironmentRange
Medium volatility

ATR is $7.81 (2.36%)

12h

EMA Structure

Bullish
EMA 8$334.16Bearish
EMA 21$333.45Bearish
EMA 50$327.35Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.3 · MACD -1.522

Neutral zone

Strength
Bearish
Volatility
ATR $7.81 · BB 8.13%

Medium volatility

Strength
Range
Volume
MFI 52.4 · OBV 53.09%

Relative to 20-period average volume

Strength
Range
Price Levels
$304.17 - $353.67

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.1% · 3.9 ATR above latest close

$361.48
Nearest resistance

+6.75% · 2.9 ATR above · 34-bar high

$353.67
Current price

Price shown is delayed

$331.32
Nearest support

-8.19% · 3.5 ATR below · 34-bar low

$304.17
Deeper support zone

-10.55% · 4.5 ATR below latest close

$296.36
ATR zone

Latest close ± ATR14

$323.51 - $339.13

Indicators

Trend

Dow Theory Structure

Confirmation $327.51, invalidation $336.95

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

Trend strength is active

29.5 / 13.8 / 21.6Bearish
Supertrend (10,3)

Price is above Supertrend

$313.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$333.95 / $321.77Bearish
Donchian Channel (20)

20-period breakout channel position

15%Range

Volatility

ATR (14)

Medium volatility

$7.81 (2.36%)Range
Bollinger Bands (20,2)

Width 8.13%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$348.1 / $319.22Range
ATR channel lower / upper

Current Volatility Envelope

$323.51 / $339.13Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$353.67Range
Support

Nearest Downside Decision Level

$304.17Range

Momentum

RSI (14)

Neutral zone

49.3Range
MACD (12,26,9)

Histogram is negative

-1.522Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.6 / 31.3Bearish
Williams %R (14)

Oversold zone

-85.4Bullish
CCI (20)

Balanced zone

-50.7Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.4Range
OBV slope

20-period OBV slope

53.09%Bullish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Trend

Dow Theory Structure

Confirmation $327.51, invalidation $336.95

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

Trend strength is active

29.5 / 13.8 / 21.6Bearish
Supertrend (10,3)

Price is above Supertrend

$313.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$333.95 / $321.77Bearish
Donchian Channel (20)

20-period breakout channel position

15%Range

Momentum

RSI (14)

Neutral zone

49.3Range
MACD (12,26,9)

Histogram is negative

-1.522Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.6 / 31.3Bearish
Williams %R (14)

Oversold zone

-85.4Bullish
CCI (20)

Balanced zone

-50.7Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$7.81 (2.36%)Range
Bollinger Bands (20,2)

Width 8.13%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$348.1 / $319.22Range
ATR channel lower / upper

Current Volatility Envelope

$323.51 / $339.13Range

Volume / Money Flow

MFI (14)

Money flow is neutral

52.4Range
OBV slope

20-period OBV slope

53.09%Bullish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$353.67Range
Support

Nearest Downside Decision Level

$304.17Range

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