US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

3 monthsBullish69%
3M Upside probability 69%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 59.3, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $60.78 (17.67%)

3M

EMA Structure

Range
EMA 8$333.85Bullish
EMA 21$299.47Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 59.3 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $60.78 · BB 68.99%

High volatility

Strength
Bearish
Volume
MFI 50.8 · OBV -52.55%

Relative to 20-period average volume

Strength
Range
Price Levels
$108.48 - $400.42

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+34.11% · 1.9 ATR above latest close

$461.2
Nearest resistance

+16.44% · 0.9 ATR above · 29-bar high

$400.42
Current price

Price shown is delayed

$343.9
Nearest support

-68.46% · 3.9 ATR below · 29-bar low

$108.48
Deeper support zone

-86.13% · 4.9 ATR below latest close

$47.7
ATR zone

Latest close ± ATR14

$283.12 - $404.67

Indicators

Trend

Dow Theory Structure

Confirmation $289.86, invalidation $377.77

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

Trend strength is active

33.9 / 22.1 / 8.9Bullish
Supertrend (10,3)

Price is above Supertrend

$147.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$307.01 / --Bullish
Donchian Channel (20)

20-period breakout channel position

72%Bullish

Volatility

ATR (14)

High volatility

$60.78 (17.67%)Bearish
Bollinger Bands (20,2)

Width 68.99%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$430.03 / $177.52Bearish
ATR channel lower / upper

Current Volatility Envelope

$283.12 / $404.67Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$400.42Range
Support

Nearest Downside Decision Level

$108.48Range

Momentum

RSI (14)

Momentum is strong

59.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

68.6 / 67.0Bullish
Williams %R (14)

Neutral zone

-31.4Range
CCI (20)

Balanced zone

57.2Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.8Range
OBV slope

20-period OBV slope

-52.55%Bearish
Volume ratio

Relative to 20-period average volume

0.60xBearish

Trend

Dow Theory Structure

Confirmation $289.86, invalidation $377.77

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

Trend strength is active

33.9 / 22.1 / 8.9Bullish
Supertrend (10,3)

Price is above Supertrend

$147.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$307.01 / --Bullish
Donchian Channel (20)

20-period breakout channel position

72%Bullish

Momentum

RSI (14)

Momentum is strong

59.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

68.6 / 67.0Bullish
Williams %R (14)

Neutral zone

-31.4Range
CCI (20)

Balanced zone

57.2Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$60.78 (17.67%)Bearish
Bollinger Bands (20,2)

Width 68.99%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$430.03 / $177.52Bearish
ATR channel lower / upper

Current Volatility Envelope

$283.12 / $404.67Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.8Range
OBV slope

20-period OBV slope

-52.55%Bearish
Volume ratio

Relative to 20-period average volume

0.60xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$400.42Range
Support

Nearest Downside Decision Level

$108.48Range

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