US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

SHW 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $296.2 and reclaim $344.4.

Invalidation Trigger

Lose $296.2 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 69.3, MACD 1.853

4h
Volatility EnvironmentRange
Low volatility

ATR is $6.1 (1.77%)

4h

EMA Structure

Bullish
EMA 8$336.09Bullish
EMA 21$326.69Bullish
EMA 50$318.85Bullish

Signals

CategoryReadStrength
Momentum
RSI 69.3 · MACD 1.853

Momentum is strong

Strength
Bullish
Volatility
ATR $6.1 · BB 11.03%

Low volatility

Strength
Range
Volume
MFI 53.6 · OBV -33.72%

Relative to 20-period average volume

Strength
Range
Price Levels
$296.2 - $344.4

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.9% · 1.1 ATR above latest close

$350.5
Nearest resistance

+0.13% · 0.1 ATR above · 34-bar high

$344.4
Current price

Price shown is delayed

$343.95
Nearest support

-13.88% · 7.8 ATR below · 34-bar low

$296.2
Deeper support zone

-15.66% · 8.8 ATR below latest close

$290.1
ATR zone

Latest close ± ATR14

$337.85 - $350.05

Indicators

Trend

Dow Theory Structure

Confirmation $343.96, invalidation $316.64

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

29.5 / 33.3 / 14.6Bullish
Supertrend (10,3)

Price is above Supertrend

$325.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$327.31 / $317.18Bullish
Donchian Channel (20)

20-period breakout channel position

99%Bullish

Volatility

ATR (14)

Low volatility

$6.1 (1.77%)Range
Bollinger Bands (20,2)

Width 11.03%

99%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$339.33 / $315.13Range
ATR channel lower / upper

Current Volatility Envelope

$337.85 / $350.05Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$344.4Range
Support

Nearest Downside Decision Level

$296.2Range

Momentum

RSI (14)

Momentum is strong

69.3Bullish
MACD (12,26,9)

Histogram is positive

1.853Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

98.6 / 91.4Bullish
Williams %R (14)

Overbought zone

-1.4Bearish
CCI (20)

Strong expansion

158.8Bullish
TD Sequential

Exhaustion setup is near completion

sell 10Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.6Range
OBV slope

20-period OBV slope

-33.72%Bearish
Volume ratio

Relative to 20-period average volume

0.93xRange

Trend

Dow Theory Structure

Confirmation $343.96, invalidation $316.64

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

29.5 / 33.3 / 14.6Bullish
Supertrend (10,3)

Price is above Supertrend

$325.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$327.31 / $317.18Bullish
Donchian Channel (20)

20-period breakout channel position

99%Bullish

Momentum

RSI (14)

Momentum is strong

69.3Bullish
MACD (12,26,9)

Histogram is positive

1.853Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

98.6 / 91.4Bullish
Williams %R (14)

Overbought zone

-1.4Bearish
CCI (20)

Strong expansion

158.8Bullish
TD Sequential

Exhaustion setup is near completion

sell 10Bearish

Volatility

ATR (14)

Low volatility

$6.1 (1.77%)Range
Bollinger Bands (20,2)

Width 11.03%

99%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$339.33 / $315.13Range
ATR channel lower / upper

Current Volatility Envelope

$337.85 / $350.05Range

Volume / Money Flow

MFI (14)

Money flow is neutral

53.6Range
OBV slope

20-period OBV slope

-33.72%Bearish
Volume ratio

Relative to 20-period average volume

0.93xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$344.4Range
Support

Nearest Downside Decision Level

$296.2Range

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