US stock / ETF

The Sherwin-Williams Company

SHW · NYSE · USD

4 hoursBearish88%
4h Downside probability 88%Bearish

SHW 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $334.11 and stabilize above resistance $346.25.

Invalidation Trigger

Break above $346.25 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 40.8, MACD -2.031

4h
Volatility EnvironmentRange
Low volatility

ATR is $6.56 (2.01%)

4h

EMA Structure

Range
EMA 8$331.54Bearish
EMA 21$334.11Bearish
EMA 50$331.81Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.8 · MACD -2.031

Momentum is weak

Strength
Bearish
Volatility
ATR $6.56 · BB 6.73%

Low volatility

Strength
Range
Volume
MFI 43.0 · OBV -98.17%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$313.25 - $346.25

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+8.22% · 4.1 ATR above latest close

$352.81
Nearest resistance

+6.21% · 3.1 ATR above · 34-bar high

$346.25
Current price

Price shown is delayed

$326.01
Nearest support

-3.91% · 1.9 ATR below · 34-bar low

$313.25
Deeper support zone

-5.93% · 2.9 ATR below latest close

$306.69
ATR zone

Latest close ± ATR14

$319.45 - $332.57

Indicators

Trend

Dow Theory Structure

Confirmation $313.25, invalidation $342.5

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

Trend strength is active

42.7 / 13.2 / 42.1Bearish
Supertrend (10,3)

Price is above Supertrend

$305.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$328.81 / $325.38Bearish
Donchian Channel (20)

20-period breakout channel position

39%Range

Volatility

ATR (14)

Low volatility

$6.56 (2.01%)Range
Bollinger Bands (20,2)

Width 6.73%

3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$348.05 / $320.16Range
ATR channel lower / upper

Current Volatility Envelope

$319.45 / $332.57Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$346.25Range
Support

Nearest Downside Decision Level

$313.25Range

Momentum

RSI (14)

Momentum is weak

40.8Bearish
MACD (12,26,9)

Histogram is negative

-2.031Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

38.7 / 48.0Bearish
Williams %R (14)

Neutral zone

-61.3Range
CCI (20)

Weak expansion

-156.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.0Bearish
OBV slope

20-period OBV slope

-98.17%Bearish
Volume ratio

Relative to 20-period average volume

2.75xBullish

Trend

Dow Theory Structure

Confirmation $313.25, invalidation $342.5

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

Trend strength is active

42.7 / 13.2 / 42.1Bearish
Supertrend (10,3)

Price is above Supertrend

$305.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$328.81 / $325.38Bearish
Donchian Channel (20)

20-period breakout channel position

39%Range

Momentum

RSI (14)

Momentum is weak

40.8Bearish
MACD (12,26,9)

Histogram is negative

-2.031Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

38.7 / 48.0Bearish
Williams %R (14)

Neutral zone

-61.3Range
CCI (20)

Weak expansion

-156.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volatility

ATR (14)

Low volatility

$6.56 (2.01%)Range
Bollinger Bands (20,2)

Width 6.73%

3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$348.05 / $320.16Range
ATR channel lower / upper

Current Volatility Envelope

$319.45 / $332.57Range

Volume / Money Flow

MFI (14)

Money flow is weak

43.0Bearish
OBV slope

20-period OBV slope

-98.17%Bearish
Volume ratio

Relative to 20-period average volume

2.75xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$346.25Range
Support

Nearest Downside Decision Level

$313.25Range

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