US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

1 weekBullish76%
Weekly Upside probability 76%Bullish

SHW 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Hold above $289.97 and reclaim $376.98.

Invalidation Trigger

Lose $289.97 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 56.1, MACD 1.578

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $20.78 (6.04%)

Weekly

EMA Structure

Bearish
EMA 8$321.93Bullish
EMA 21$325.69Bullish
EMA 50$333.47Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.1 · MACD 1.578

Momentum is strong

Strength
Bullish
Volatility
ATR $20.78 · BB 24.74%

High volatility

Strength
Bearish
Volume
MFI 58.6 · OBV 97.16%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$289.97 - $376.98

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+15.62% · 2.6 ATR above latest close

$397.76
Nearest resistance

+9.58% · 1.6 ATR above · 34-bar high

$376.98
Current price

Price shown is delayed

$344.02
Nearest support

-15.71% · 2.6 ATR below · 34-bar low

$289.97
Deeper support zone

-21.75% · 3.6 ATR below latest close

$269.19
ATR zone

Latest close ± ATR14

$323.24 - $364.8

Indicators

Trend

Dow Theory Structure

Confirmation $289.97, invalidation $350.45

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

Trend strength is active

26.1 / 22.8 / 17.3Bullish
Supertrend (10,3)

Price is above Supertrend

$272.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$325.67 / $334.73Bullish
Donchian Channel (20)

20-period breakout channel position

62%Range

Volatility

ATR (14)

High volatility

$20.78 (6.04%)Bearish
Bollinger Bands (20,2)

Width 24.74%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$364.73 / $285.85Bearish
ATR channel lower / upper

Current Volatility Envelope

$323.24 / $364.8Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$376.98Range
Support

Nearest Downside Decision Level

$289.97Range

Momentum

RSI (14)

Momentum is strong

56.1Bullish
MACD (12,26,9)

Histogram is positive

1.578Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.4 / 62.0Bullish
Williams %R (14)

Overbought zone

-10.6Bearish
CCI (20)

Balanced zone

37.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.6Bullish
OBV slope

20-period OBV slope

97.16%Bullish
Volume ratio

Relative to 20-period average volume

1.62xBullish

Trend

Dow Theory Structure

Confirmation $289.97, invalidation $350.45

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

Trend strength is active

26.1 / 22.8 / 17.3Bullish
Supertrend (10,3)

Price is above Supertrend

$272.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$325.67 / $334.73Bullish
Donchian Channel (20)

20-period breakout channel position

62%Range

Momentum

RSI (14)

Momentum is strong

56.1Bullish
MACD (12,26,9)

Histogram is positive

1.578Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.4 / 62.0Bullish
Williams %R (14)

Overbought zone

-10.6Bearish
CCI (20)

Balanced zone

37.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$20.78 (6.04%)Bearish
Bollinger Bands (20,2)

Width 24.74%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$364.73 / $285.85Bearish
ATR channel lower / upper

Current Volatility Envelope

$323.24 / $364.8Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.6Bullish
OBV slope

20-period OBV slope

97.16%Bullish
Volume ratio

Relative to 20-period average volume

1.62xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$376.98Range
Support

Nearest Downside Decision Level

$289.97Range

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