US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

1 hourBearish59%
1h Downside probability 59%Bearish

SHW 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $334.15 and stabilize above resistance $340.63.

Invalidation Trigger

Break above $340.63 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 41.6, MACD -0.932

1h
Volatility EnvironmentBullish
Low volatility

ATR is $2.48 (0.75%)

1h

EMA Structure

Range
EMA 8$333.11Bearish
EMA 21$334.15Bearish
EMA 50$334.11Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.6 · MACD -0.932

Momentum is weak

Strength
Bearish
Volatility
ATR $2.48 · BB 3.46%

Low volatility

Strength
Bullish
Volume
MFI 83.4 · OBV -5.39%

Relative to 20-period average volume

Strength
Range
Price Levels
$327.51 - $340.63

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+3.56% · 4.8 ATR above latest close

$343.11
Nearest resistance

+2.81% · 3.8 ATR above · 34-bar high

$340.63
Current price

Price shown is delayed

$331.32
Nearest support

-1.15% · 1.5 ATR below · 34-bar low

$327.51
Deeper support zone

-1.9% · 2.5 ATR below latest close

$325.03
ATR zone

Latest close ± ATR14

$328.84 - $333.8

Indicators

Trend

Dow Theory Structure

Confirmation $340.63, invalidation $330.37

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

Trend strength is active

46.6 / 6.1 / 62.2Bearish
Supertrend (10,3)

Price is above Supertrend

$322.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$335.06 / $334.07Bearish
Donchian Channel (20)

20-period breakout channel position

21%Bearish

Volatility

ATR (14)

Low volatility

$2.48 (0.75%)Bullish
Bollinger Bands (20,2)

Width 3.46%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$340.11 / $328.19Bullish
ATR channel lower / upper

Current Volatility Envelope

$328.84 / $333.8Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$340.63Range
Support

Nearest Downside Decision Level

$327.51Range

Momentum

RSI (14)

Momentum is weak

41.6Bearish
MACD (12,26,9)

Histogram is negative

-0.932Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.2 / 17.2Bullish
Williams %R (14)

Neutral zone

-78.8Range
CCI (20)

Weak expansion

-103.9Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

83.4Bullish
OBV slope

20-period OBV slope

-5.39%Bearish
Volume ratio

Relative to 20-period average volume

3.12xBullish

Trend

Dow Theory Structure

Confirmation $340.63, invalidation $330.37

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

Trend strength is active

46.6 / 6.1 / 62.2Bearish
Supertrend (10,3)

Price is above Supertrend

$322.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$335.06 / $334.07Bearish
Donchian Channel (20)

20-period breakout channel position

21%Bearish

Momentum

RSI (14)

Momentum is weak

41.6Bearish
MACD (12,26,9)

Histogram is negative

-0.932Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.2 / 17.2Bullish
Williams %R (14)

Neutral zone

-78.8Range
CCI (20)

Weak expansion

-103.9Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$2.48 (0.75%)Bullish
Bollinger Bands (20,2)

Width 3.46%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$340.11 / $328.19Bullish
ATR channel lower / upper

Current Volatility Envelope

$328.84 / $333.8Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

83.4Bullish
OBV slope

20-period OBV slope

-5.39%Bearish
Volume ratio

Relative to 20-period average volume

3.12xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$340.63Range
Support

Nearest Downside Decision Level

$327.51Range

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