US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

3 monthsBullish55%
3M Upside probability 55%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 54.9, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $58.55 (18.59%)

3M

EMA Structure

Range
EMA 8$326.1Bearish
EMA 21$299.18Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 54.9 · MACD --

Neutral zone

Strength
Bullish
Volatility
ATR $58.55 · BB 67.27%

High volatility

Strength
Bearish
Volume
MFI 49.3 · OBV -49.84%

Relative to 20-period average volume

Strength
Range
Price Levels
$108.48 - $400.42

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+45.71% · 2.5 ATR above latest close

$458.97
Nearest resistance

+27.12% · 1.5 ATR above · 30-bar high

$400.42
Current price

Price shown is delayed

$315
Nearest support

-65.56% · 3.5 ATR below · 30-bar low

$108.48
Deeper support zone

-84.15% · 4.5 ATR below latest close

$49.93
ATR zone

Latest close ± ATR14

$256.45 - $373.55

Indicators

Trend

Dow Theory Structure

Confirmation $289.86, invalidation $379.65

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

Trend strength is active

36.4 / 20.9 / 9.3Bullish
Supertrend (10,3)

Price is above Supertrend

$144.35Bullish
Ichimoku Cloud

Cloud Span A / Span B

$320.3 / --Bearish
Donchian Channel (20)

20-period breakout channel position

58%Bullish

Volatility

ATR (14)

High volatility

$58.55 (18.59%)Bearish
Bollinger Bands (20,2)

Width 67.27%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$419.31 / $186.83Bearish
ATR channel lower / upper

Current Volatility Envelope

$256.45 / $373.55Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$400.42Range
Support

Nearest Downside Decision Level

$108.48Range

Momentum

RSI (14)

Neutral zone

54.9Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

49.3 / 59.2Bearish
Williams %R (14)

Neutral zone

-50.7Range
CCI (20)

Balanced zone

24.9Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.3Range
OBV slope

20-period OBV slope

-49.84%Bearish
Volume ratio

Relative to 20-period average volume

0.07xBearish

Trend

Dow Theory Structure

Confirmation $289.86, invalidation $379.65

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

Trend strength is active

36.4 / 20.9 / 9.3Bullish
Supertrend (10,3)

Price is above Supertrend

$144.35Bullish
Ichimoku Cloud

Cloud Span A / Span B

$320.3 / --Bearish
Donchian Channel (20)

20-period breakout channel position

58%Bullish

Momentum

RSI (14)

Neutral zone

54.9Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

49.3 / 59.2Bearish
Williams %R (14)

Neutral zone

-50.7Range
CCI (20)

Balanced zone

24.9Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$58.55 (18.59%)Bearish
Bollinger Bands (20,2)

Width 67.27%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$419.31 / $186.83Bearish
ATR channel lower / upper

Current Volatility Envelope

$256.45 / $373.55Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.3Range
OBV slope

20-period OBV slope

-49.84%Bearish
Volume ratio

Relative to 20-period average volume

0.07xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$400.42Range
Support

Nearest Downside Decision Level

$108.48Range

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