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 $331.15 and stabilize above resistance $346.25.

Invalidation Trigger

Break above $346.25 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 41.5, MACD -0.216

1h
Volatility EnvironmentRange
Low volatility

ATR is $5.47 (1.68%)

1h

EMA Structure

Bearish
EMA 8$328Bearish
EMA 21$331.15Bearish
EMA 50$333.79Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.5 · MACD -0.216

Momentum is weak

Strength
Bearish
Volatility
ATR $5.47 · BB 7.74%

Low volatility

Strength
Range
Volume
MFI 36.2 · OBV -15.73%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$313.25 - $346.25

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+7.89% · 4.7 ATR above latest close

$351.72
Nearest resistance

+6.21% · 3.7 ATR above · 34-bar high

$346.25
Current price

Price shown is delayed

$326.01
Nearest support

-3.91% · 2.3 ATR below · 34-bar low

$313.25
Deeper support zone

-5.59% · 3.3 ATR below latest close

$307.78
ATR zone

Latest close ± ATR14

$320.54 - $331.48

Indicators

Trend

Dow Theory Structure

Confirmation $332.87, invalidation $325.06

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

Trend strength is active

54.3 / 14.2 / 51.5Bearish
Supertrend (10,3)

Price is above Supertrend

$307.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$325.47 / $329.75Bearish
Donchian Channel (20)

20-period breakout channel position

44%Range

Volatility

ATR (14)

Low volatility

$5.47 (1.68%)Range
Bollinger Bands (20,2)

Width 7.74%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$343.56 / $318.32Range
ATR channel lower / upper

Current Volatility Envelope

$320.54 / $331.48Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$346.25Range
Support

Nearest Downside Decision Level

$313.25Range

Momentum

RSI (14)

Momentum is weak

41.5Bearish
MACD (12,26,9)

Histogram is negative

-0.216Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

51.6 / 58.9Bearish
Williams %R (14)

Neutral zone

-48.4Range
CCI (20)

Balanced zone

-68.6Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

36.2Bearish
OBV slope

20-period OBV slope

-15.73%Bearish
Volume ratio

Relative to 20-period average volume

6.08xBullish

Trend

Dow Theory Structure

Confirmation $332.87, invalidation $325.06

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

Trend strength is active

54.3 / 14.2 / 51.5Bearish
Supertrend (10,3)

Price is above Supertrend

$307.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$325.47 / $329.75Bearish
Donchian Channel (20)

20-period breakout channel position

44%Range

Momentum

RSI (14)

Momentum is weak

41.5Bearish
MACD (12,26,9)

Histogram is negative

-0.216Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

51.6 / 58.9Bearish
Williams %R (14)

Neutral zone

-48.4Range
CCI (20)

Balanced zone

-68.6Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$5.47 (1.68%)Range
Bollinger Bands (20,2)

Width 7.74%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$343.56 / $318.32Range
ATR channel lower / upper

Current Volatility Envelope

$320.54 / $331.48Range

Volume / Money Flow

MFI (14)

Money flow is weak

36.2Bearish
OBV slope

20-period OBV slope

-15.73%Bearish
Volume ratio

Relative to 20-period average volume

6.08xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$346.25Range
Support

Nearest Downside Decision Level

$313.25Range

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