US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

3 monthsBullish61%
3M Upside probability 61%Bullish

SHW 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $108.48 and reclaim $400.42.

Invalidation Trigger

Lose $108.48 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 56.5, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $59.97 (18.4%)

3M

EMA Structure

Range
EMA 8$328.55Bearish
EMA 21$300.18Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 56.5 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $59.97 · BB 67.43%

High volatility

Strength
Bearish
Volume
MFI 48.7 · OBV -43.31%

Relative to 20-period average volume

Strength
Range
Price Levels
$108.48 - $400.42

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+41.22% · 2.2 ATR above latest close

$460.39
Nearest resistance

+22.82% · 1.2 ATR above · 30-bar high

$400.42
Current price

Price shown is delayed

$326.01
Nearest support

-66.72% · 3.6 ATR below · 30-bar low

$108.48
Deeper support zone

-85.12% · 4.6 ATR below latest close

$48.51
ATR zone

Latest close ± ATR14

$266.04 - $385.98

Indicators

Trend

Dow Theory Structure

Confirmation $289.86, invalidation $379.65

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

Trend strength is active

36.4 / 20.4 / 9.0Bullish
Supertrend (10,3)

Price is above Supertrend

$148.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$320.3 / --Bullish
Donchian Channel (20)

20-period breakout channel position

64%Bullish

Volatility

ATR (14)

High volatility

$59.97 (18.4%)Bearish
Bollinger Bands (20,2)

Width 67.43%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$424.33 / $183.9Bearish
ATR channel lower / upper

Current Volatility Envelope

$266.04 / $385.98Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$400.42Range
Support

Nearest Downside Decision Level

$108.48Range

Momentum

RSI (14)

Momentum is strong

56.5Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

55.8 / 61.4Bearish
Williams %R (14)

Neutral zone

-44.2Range
CCI (20)

Balanced zone

40.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.7Range
OBV slope

20-period OBV slope

-43.31%Bearish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Trend

Dow Theory Structure

Confirmation $289.86, invalidation $379.65

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

Trend strength is active

36.4 / 20.4 / 9.0Bullish
Supertrend (10,3)

Price is above Supertrend

$148.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$320.3 / --Bullish
Donchian Channel (20)

20-period breakout channel position

64%Bullish

Momentum

RSI (14)

Momentum is strong

56.5Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

55.8 / 61.4Bearish
Williams %R (14)

Neutral zone

-44.2Range
CCI (20)

Balanced zone

40.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$59.97 (18.4%)Bearish
Bollinger Bands (20,2)

Width 67.43%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$424.33 / $183.9Bearish
ATR channel lower / upper

Current Volatility Envelope

$266.04 / $385.98Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.7Range
OBV slope

20-period OBV slope

-43.31%Bearish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$400.42Range
Support

Nearest Downside Decision Level

$108.48Range

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