US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

3 monthsBullish70%
3M Upside probability 70%Bullish

SHW 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $195.51 and reclaim $400.18.

Invalidation Trigger

Lose $195.51 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 57.6, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $58.21 (16.92%)

3M

EMA Structure

Range
EMA 8$331.16Bullish
EMA 21$297.07Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 57.6 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $58.21 · BB 68.75%

High volatility

Strength
Bearish
Volume
MFI 45.6 · OBV -61.05%

Relative to 20-period average volume

Strength
Range
Price Levels
$195.51 - $400.18

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+33.24% · 2.0 ATR above latest close

$458.39
Nearest resistance

+16.32% · 1.0 ATR above · 24-bar high

$400.18
Current price

Price shown is delayed

$344.02
Nearest support

-43.17% · 2.6 ATR below · 24-bar low

$195.51
Deeper support zone

-60.09% · 3.6 ATR below latest close

$137.3
ATR zone

Latest close ± ATR14

$285.81 - $402.23

Indicators

Trend

Dow Theory Structure

Confirmation $376.98, invalidation $309.09

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$137.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Volatility

ATR (14)

High volatility

$58.21 (16.92%)Bearish
Bollinger Bands (20,2)

Width 68.75%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$421.53 / $178.01Bearish
ATR channel lower / upper

Current Volatility Envelope

$285.81 / $402.23Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$400.18Range
Support

Nearest Downside Decision Level

$195.51Range

Momentum

RSI (14)

Momentum is strong

57.6Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

71.1 / 65.0Bullish
Williams %R (14)

Neutral zone

-28.9Range
CCI (20)

Balanced zone

44.8Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.6Range
OBV slope

20-period OBV slope

-61.05%Bearish
Volume ratio

Relative to 20-period average volume

1.22xBullish

Trend

Dow Theory Structure

Confirmation $376.98, invalidation $309.09

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$137.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Momentum

RSI (14)

Momentum is strong

57.6Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

71.1 / 65.0Bullish
Williams %R (14)

Neutral zone

-28.9Range
CCI (20)

Balanced zone

44.8Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$58.21 (16.92%)Bearish
Bollinger Bands (20,2)

Width 68.75%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$421.53 / $178.01Bearish
ATR channel lower / upper

Current Volatility Envelope

$285.81 / $402.23Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.6Range
OBV slope

20-period OBV slope

-61.05%Bearish
Volume ratio

Relative to 20-period average volume

1.22xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$400.18Range
Support

Nearest Downside Decision Level

$195.51Range

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