US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

1 monthBullish66%
Monthly Upside probability 66%Bullish

SHW 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $235.91 and reclaim $400.42.

Invalidation Trigger

Lose $235.91 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 52.4, MACD -3.462

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $40.02 (11.64%)

Monthly

EMA Structure

Bullish
EMA 8$337.11Bullish
EMA 21$336.53Bullish
EMA 50$314.65Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.4 · MACD -3.462

Neutral zone

Strength
Bullish
Volatility
ATR $40.02 · BB 18.49%

High volatility

Strength
Bearish
Volume
MFI 49.5 · OBV -30.76%

Relative to 20-period average volume

Strength
Range
Price Levels
$235.91 - $400.42

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+28.08% · 2.4 ATR above latest close

$440.44
Nearest resistance

+16.44% · 1.4 ATR above · 34-bar high

$400.42
Current price

Price shown is delayed

$343.9
Nearest support

-31.4% · 2.7 ATR below · 34-bar low

$235.91
Deeper support zone

-43.04% · 3.7 ATR below latest close

$195.88
ATR zone

Latest close ± ATR14

$303.87 - $383.92

Indicators

Trend

Dow Theory Structure

Confirmation $289.86, invalidation $377.77

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

Trend strength is active

22.4 / 17.2 / 16.1Bullish
Supertrend (10,3)

Price is above Supertrend

$236.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$339.48 / $297.83Bullish
Donchian Channel (20)

20-period breakout channel position

60%Range

Volatility

ATR (14)

High volatility

$40.02 (11.64%)Bearish
Bollinger Bands (20,2)

Width 18.49%

50%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$416.76 / $257.16Bearish
ATR channel lower / upper

Current Volatility Envelope

$303.87 / $383.92Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$400.42Range
Support

Nearest Downside Decision Level

$235.91Range

Momentum

RSI (14)

Neutral zone

52.4Range
MACD (12,26,9)

Histogram is negative

-3.462Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.2 / 59.2Bullish
Williams %R (14)

Neutral zone

-39.8Range
CCI (20)

Balanced zone

56.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.5Range
OBV slope

20-period OBV slope

-30.76%Bearish
Volume ratio

Relative to 20-period average volume

0.64xBearish

Trend

Dow Theory Structure

Confirmation $289.86, invalidation $377.77

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

Trend strength is active

22.4 / 17.2 / 16.1Bullish
Supertrend (10,3)

Price is above Supertrend

$236.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$339.48 / $297.83Bullish
Donchian Channel (20)

20-period breakout channel position

60%Range

Momentum

RSI (14)

Neutral zone

52.4Range
MACD (12,26,9)

Histogram is negative

-3.462Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.2 / 59.2Bullish
Williams %R (14)

Neutral zone

-39.8Range
CCI (20)

Balanced zone

56.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$40.02 (11.64%)Bearish
Bollinger Bands (20,2)

Width 18.49%

50%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$416.76 / $257.16Bearish
ATR channel lower / upper

Current Volatility Envelope

$303.87 / $383.92Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.5Range
OBV slope

20-period OBV slope

-30.76%Bearish
Volume ratio

Relative to 20-period average volume

0.64xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$400.42Range
Support

Nearest Downside Decision Level

$235.91Range

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