US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

1 hourBearish92%
1h Downside probability 92%Bearish

SHW 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $322.88 and stabilize above resistance $328.44.

Invalidation Trigger

Break above $328.44 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 44.9, MACD -0.451

1h
Volatility EnvironmentBullish
Low volatility

ATR is $2.28 (0.71%)

1h

EMA Structure

Bearish
EMA 8$322.05Bearish
EMA 21$322.88Bearish
EMA 50$323.41Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.9 · MACD -0.451

Momentum is weak

Strength
Bearish
Volatility
ATR $2.28 · BB 2.72%

Low volatility

Strength
Bullish
Volume
MFI 42.0 · OBV -279.68%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$318.76 - $328.44

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+3.05% · 4.3 ATR above latest close

$330.72
Nearest resistance

+2.34% · 3.3 ATR above · 34-bar high

$328.44
Current price

Price shown is delayed

$320.94
Nearest support

-0.68% · 1.0 ATR below · 34-bar low

$318.76
Deeper support zone

-1.39% · 2.0 ATR below latest close

$316.48
ATR zone

Latest close ± ATR14

$318.66 - $323.22

Indicators

Trend

Dow Theory Structure

Confirmation $328.44, invalidation $318.76

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

Trend strength is moderate

10.7 / 24.1 / 33.8Bearish
Supertrend (10,3)

Price is above Supertrend

$314.87Bullish
Ichimoku Cloud

Cloud Span A / Span B

$324.13 / $321.95Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Volatility

ATR (14)

Low volatility

$2.28 (0.71%)Bullish
Bollinger Bands (20,2)

Width 2.72%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$326.9 / $318.81Bullish
ATR channel lower / upper

Current Volatility Envelope

$318.66 / $323.22Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$328.44Range
Support

Nearest Downside Decision Level

$318.76Range

Momentum

RSI (14)

Momentum is weak

44.9Bearish
MACD (12,26,9)

Histogram is negative

-0.451Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.5 / 25.4Bearish
Williams %R (14)

Neutral zone

-77.5Range
CCI (20)

Balanced zone

-94.8Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.0Bearish
OBV slope

20-period OBV slope

-279.68%Bearish
Volume ratio

Relative to 20-period average volume

5.64xBullish

Trend

Dow Theory Structure

Confirmation $328.44, invalidation $318.76

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

Trend strength is moderate

10.7 / 24.1 / 33.8Bearish
Supertrend (10,3)

Price is above Supertrend

$314.87Bullish
Ichimoku Cloud

Cloud Span A / Span B

$324.13 / $321.95Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Momentum

RSI (14)

Momentum is weak

44.9Bearish
MACD (12,26,9)

Histogram is negative

-0.451Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.5 / 25.4Bearish
Williams %R (14)

Neutral zone

-77.5Range
CCI (20)

Balanced zone

-94.8Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$2.28 (0.71%)Bullish
Bollinger Bands (20,2)

Width 2.72%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$326.9 / $318.81Bullish
ATR channel lower / upper

Current Volatility Envelope

$318.66 / $323.22Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.0Bearish
OBV slope

20-period OBV slope

-279.68%Bearish
Volume ratio

Relative to 20-period average volume

5.64xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$328.44Range
Support

Nearest Downside Decision Level

$318.76Range

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