US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

1 weekBullish57%
Weekly Upside probability 57%Bullish

SHW 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $289.86 and reclaim $377.77.

Invalidation Trigger

Lose $289.86 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 50.5, MACD 3.059

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $20.12 (6.07%)

Weekly

EMA Structure

Range
EMA 8$330.19Bullish
EMA 21$328.89Bullish
EMA 50$334.1Bearish

Signals

CategoryReadStrength
Momentum
RSI 50.5 · MACD 3.059

Neutral zone

Strength
Bullish
Volatility
ATR $20.12 · BB 18.41%

High volatility

Strength
Bearish
Volume
MFI 49.3 · OBV 13.09%

Relative to 20-period average volume

Strength
Range
Price Levels
$289.86 - $377.77

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+20.09% · 3.3 ATR above latest close

$397.89
Nearest resistance

+14.02% · 2.3 ATR above · 34-bar high

$377.77
Current price

Price shown is delayed

$331.32
Nearest support

-12.51% · 2.1 ATR below · 34-bar low

$289.86
Deeper support zone

-18.59% · 3.1 ATR below latest close

$269.74
ATR zone

Latest close ± ATR14

$311.2 - $351.44

Indicators

Trend

Dow Theory Structure

Confirmation $289.86, invalidation $350.59

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

Trend strength is active

27.7 / 20.8 / 22.4Bearish
Supertrend (10,3)

Price is above Supertrend

$278.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$327.79 / $334.76Bearish
Donchian Channel (20)

20-period breakout channel position

61%Range

Volatility

ATR (14)

High volatility

$20.12 (6.07%)Bearish
Bollinger Bands (20,2)

Width 18.41%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$366.86 / $290.59Bearish
ATR channel lower / upper

Current Volatility Envelope

$311.2 / $351.44Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$377.77Range
Support

Nearest Downside Decision Level

$289.86Range

Momentum

RSI (14)

Neutral zone

50.5Range
MACD (12,26,9)

Histogram is positive

3.059Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.0 / 78.0Bearish
Williams %R (14)

Neutral zone

-35.0Range
CCI (20)

Balanced zone

61.0Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.3Range
OBV slope

20-period OBV slope

13.09%Bullish
Volume ratio

Relative to 20-period average volume

0.84xBearish

Trend

Dow Theory Structure

Confirmation $289.86, invalidation $350.59

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

Trend strength is active

27.7 / 20.8 / 22.4Bearish
Supertrend (10,3)

Price is above Supertrend

$278.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$327.79 / $334.76Bearish
Donchian Channel (20)

20-period breakout channel position

61%Range

Momentum

RSI (14)

Neutral zone

50.5Range
MACD (12,26,9)

Histogram is positive

3.059Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.0 / 78.0Bearish
Williams %R (14)

Neutral zone

-35.0Range
CCI (20)

Balanced zone

61.0Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

High volatility

$20.12 (6.07%)Bearish
Bollinger Bands (20,2)

Width 18.41%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$366.86 / $290.59Bearish
ATR channel lower / upper

Current Volatility Envelope

$311.2 / $351.44Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.3Range
OBV slope

20-period OBV slope

13.09%Bullish
Volume ratio

Relative to 20-period average volume

0.84xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$377.77Range
Support

Nearest Downside Decision Level

$289.86Range

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