US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

12 hoursBearish87%
12h Downside probability 87%Bearish

SHW 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $328.76 and stabilize above resistance $361.

Invalidation Trigger

Break above $361 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 38.2, MACD 0.215

12h
Volatility EnvironmentRange
Low volatility

ATR is $5.94 (1.85%)

12h

EMA Structure

Bearish
EMA 8$323.01Bearish
EMA 21$328.76Bearish
EMA 50$335.31Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.2 · MACD 0.215

Momentum is weak

Strength
Bearish
Volatility
ATR $5.94 · BB 9.34%

Low volatility

Strength
Range
Volume
MFI 43.2 · OBV -0.96%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$315.45 - $361

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+14.33% · 7.7 ATR above latest close

$366.94
Nearest resistance

+12.48% · 6.7 ATR above · 34-bar high

$361
Current price

Price shown is delayed

$320.94
Nearest support

-1.71% · 0.9 ATR below · 34-bar low

$315.45
Deeper support zone

-3.56% · 1.9 ATR below latest close

$309.51
ATR zone

Latest close ± ATR14

$315 - $326.88

Indicators

Trend

Dow Theory Structure

Confirmation $315.45, invalidation $327.39

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

Trend strength is active

37.7 / 20.4 / 17.8Bullish
Supertrend (10,3)

Price is above Supertrend

$306.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$328.71 / $343.49Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Volatility

ATR (14)

Low volatility

$5.94 (1.85%)Range
Bollinger Bands (20,2)

Width 9.34%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$340.51 / $316.13Range
ATR channel lower / upper

Current Volatility Envelope

$315 / $326.88Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$361Range
Support

Nearest Downside Decision Level

$315.45Range

Momentum

RSI (14)

Momentum is weak

38.2Bearish
MACD (12,26,9)

Histogram is positive

0.215Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.6 / 33.3Bearish
Williams %R (14)

Neutral zone

-73.4Range
CCI (20)

Balanced zone

-49.6Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.2Bearish
OBV slope

20-period OBV slope

-0.96%Bearish
Volume ratio

Relative to 20-period average volume

1.66xBullish

Trend

Dow Theory Structure

Confirmation $315.45, invalidation $327.39

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

Trend strength is active

37.7 / 20.4 / 17.8Bullish
Supertrend (10,3)

Price is above Supertrend

$306.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$328.71 / $343.49Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Momentum

RSI (14)

Momentum is weak

38.2Bearish
MACD (12,26,9)

Histogram is positive

0.215Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.6 / 33.3Bearish
Williams %R (14)

Neutral zone

-73.4Range
CCI (20)

Balanced zone

-49.6Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

Low volatility

$5.94 (1.85%)Range
Bollinger Bands (20,2)

Width 9.34%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$340.51 / $316.13Range
ATR channel lower / upper

Current Volatility Envelope

$315 / $326.88Range

Volume / Money Flow

MFI (14)

Money flow is weak

43.2Bearish
OBV slope

20-period OBV slope

-0.96%Bearish
Volume ratio

Relative to 20-period average volume

1.66xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$361Range
Support

Nearest Downside Decision Level

$315.45Range

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