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 57.4, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $57.58 (17.38%)

3M

EMA Structure

Range
EMA 8$331.06Bullish
EMA 21$298.33Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 57.4 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $57.58 · BB 68.58%

High volatility

Strength
Bearish
Volume
MFI 49.3 · OBV -45.68%

Relative to 20-period average volume

Strength
Range
Price Levels
$108.48 - $400.42

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+38.23% · 2.2 ATR above latest close

$458
Nearest resistance

+20.86% · 1.2 ATR above · 29-bar high

$400.42
Current price

Price shown is delayed

$331.32
Nearest support

-67.26% · 3.9 ATR below · 29-bar low

$108.48
Deeper support zone

-84.64% · 4.9 ATR below latest close

$50.9
ATR zone

Latest close ± ATR14

$273.74 - $388.9

Indicators

Trend

Dow Theory Structure

Confirmation $289.86, invalidation $377.77

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

Trend strength is active

33.6 / 21.0 / 9.4Bullish
Supertrend (10,3)

Price is above Supertrend

$164.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$307.01 / --Bullish
Donchian Channel (20)

20-period breakout channel position

66%Bullish

Volatility

ATR (14)

High volatility

$57.58 (17.38%)Bearish
Bollinger Bands (20,2)

Width 68.58%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$419.87 / $185.28Bearish
ATR channel lower / upper

Current Volatility Envelope

$273.74 / $388.9Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$400.42Range
Support

Nearest Downside Decision Level

$108.48Range

Momentum

RSI (14)

Momentum is strong

57.4Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

61.7 / 64.7Bearish
Williams %R (14)

Neutral zone

-38.3Range
CCI (20)

Balanced zone

54.9Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.3Range
OBV slope

20-period OBV slope

-45.68%Bearish
Volume ratio

Relative to 20-period average volume

0.20xBearish

Trend

Dow Theory Structure

Confirmation $289.86, invalidation $377.77

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

Trend strength is active

33.6 / 21.0 / 9.4Bullish
Supertrend (10,3)

Price is above Supertrend

$164.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$307.01 / --Bullish
Donchian Channel (20)

20-period breakout channel position

66%Bullish

Momentum

RSI (14)

Momentum is strong

57.4Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

61.7 / 64.7Bearish
Williams %R (14)

Neutral zone

-38.3Range
CCI (20)

Balanced zone

54.9Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$57.58 (17.38%)Bearish
Bollinger Bands (20,2)

Width 68.58%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$419.87 / $185.28Bearish
ATR channel lower / upper

Current Volatility Envelope

$273.74 / $388.9Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.3Range
OBV slope

20-period OBV slope

-45.68%Bearish
Volume ratio

Relative to 20-period average volume

0.20xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$400.42Range
Support

Nearest Downside Decision Level

$108.48Range

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