SHERWIN-WILLIAMS CO/THE (SHW)

US8243481061 - Common Stock

304.84  +1.75 (+0.58%)

After market: 304.84 0 (0%)

Technical Rating and Analysis

3

Taking everything into account, SHW scores 3 out of 10 in our technical rating. Although SHW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month SHW has a been trading in the 298.37 - 322.99 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that SHW is one of the better performing stocks in the market, outperforming 73% of all stocks. We also observe that the gains produced by SHW over the past year are nicely spread over this period.
SHW has an average volume of 1459020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
SHW is an average performer in the Chemicals industry, it outperforms 68% of 84 stocks in the same industry.
SHW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SHW is lagging the market.
Weekly and Daily overview Charts
SHW Weekly chart
SHW Daily chart
Setup Rating and Analysis

3

The technical rating of SHW is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

257.38

350.81

We found 3 important support areas.

  • Support @304.83 from a horizontal line in the weekly time frame.
  • A support zone ranging from 295.77 to 299.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @259.98 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 310.72 to 320.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 344.66 to 347.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.43
Mansfield-0.57
10 Day High322.99
10 Day Low302.86
20 Day High322.99
20 Day Low298.37
52 Week High348.37
52 Week Low224.4
Performance
1 Week-2.42%
2 Weeks-4.99%
1 Month-0.53%
3 Month-5.34%
6 Month10.52%
12 Month33.04%
2 Year13.73%
3 Year7.52%
5 Year118.03%
10 Year346.96%
15 Year1632.05%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.63
RSI(14)38.56
LBB302.26
UBB324.36
SHW Daily chart

SHERWIN-WILLIAMS CO/THE

NYSE:SHW (5/24/2024, 7:04:00 PM)

After market: 304.84 0 (0%)

304.84

+1.75 (+0.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.58%
1 Week-2.42%
2 Weeks-4.99%
1 Month-0.53%
3 Month-5.34%
6 Month10.52%
12 Month33.04%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.22
ATR(20)%1.66%
ATR Inc
Range Today3.94
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High322.99
10 Day Low302.86
20 Day High322.99
20 Day Low298.37
52 Week High348.37
52 Week Low224.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.01M
Volume Incr-15.17%
Vol(5)1.48M
Vol(50)1.46M