US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

4 hoursBearish57%
4h Downside probability 57%Bearish

SHW 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $334.32 and stabilize above resistance $353.67.

Invalidation Trigger

Break above $353.67 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 44.6, MACD 0.235

4h
Volatility EnvironmentBullish
Low volatility

ATR is $4.4 (1.33%)

4h

EMA Structure

Range
EMA 8$334.01Bearish
EMA 21$334.32Bearish
EMA 50$333.84Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.6 · MACD 0.235

Momentum is weak

Strength
Bearish
Volatility
ATR $4.4 · BB 4.20%

Low volatility

Strength
Bullish
Volume
MFI 30.1 · OBV -580.55%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$327.51 - $353.67

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.07% · 6.1 ATR above latest close

$358.07
Nearest resistance

+6.75% · 5.1 ATR above · 34-bar high

$353.67
Current price

Price shown is delayed

$331.32
Nearest support

-1.15% · 0.9 ATR below · 34-bar low

$327.51
Deeper support zone

-2.48% · 1.9 ATR below latest close

$323.11
ATR zone

Latest close ± ATR14

$326.92 - $335.72

Indicators

Trend

Dow Theory Structure

Confirmation $340.63, invalidation $328.82

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

Trend strength is active

34.9 / 38.2 / 21.3Bullish
Supertrend (10,3)

Price is above Supertrend

$317.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$334.4 / $340.59Bearish
Donchian Channel (20)

20-period breakout channel position

29%Bearish

Volatility

ATR (14)

Low volatility

$4.4 (1.33%)Bullish
Bollinger Bands (20,2)

Width 4.20%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$343.38 / $325.17Bullish
ATR channel lower / upper

Current Volatility Envelope

$326.92 / $335.72Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$353.67Range
Support

Nearest Downside Decision Level

$327.51Range

Momentum

RSI (14)

Momentum is weak

44.6Bearish
MACD (12,26,9)

Histogram is positive

0.235Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.0 / 42.9Bearish
Williams %R (14)

Neutral zone

-71.0Range
CCI (20)

Balanced zone

-43.4Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.1Bearish
OBV slope

20-period OBV slope

-580.55%Bearish
Volume ratio

Relative to 20-period average volume

1.67xBullish

Trend

Dow Theory Structure

Confirmation $340.63, invalidation $328.82

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

Trend strength is active

34.9 / 38.2 / 21.3Bullish
Supertrend (10,3)

Price is above Supertrend

$317.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$334.4 / $340.59Bearish
Donchian Channel (20)

20-period breakout channel position

29%Bearish

Momentum

RSI (14)

Momentum is weak

44.6Bearish
MACD (12,26,9)

Histogram is positive

0.235Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.0 / 42.9Bearish
Williams %R (14)

Neutral zone

-71.0Range
CCI (20)

Balanced zone

-43.4Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$4.4 (1.33%)Bullish
Bollinger Bands (20,2)

Width 4.20%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$343.38 / $325.17Bullish
ATR channel lower / upper

Current Volatility Envelope

$326.92 / $335.72Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.1Bearish
OBV slope

20-period OBV slope

-580.55%Bearish
Volume ratio

Relative to 20-period average volume

1.67xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$353.67Range
Support

Nearest Downside Decision Level

$327.51Range

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