SHERWIN-WILLIAMS CO/THE (SHW) Technical Analysis
NYSE:SHW • US8243481061
Current stock price
SHW Technical Rating and Analysis
Taking everything into account, SHW scores 0 out of 10 in our technical rating. SHW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SHW is a bad performer in the overall market: 72% of all stocks are doing better.
- SHW is part of the Chemicals industry. There are 83 other stocks in this industry, of which 65% are performing better than SHW.
- SHW is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SHW is lagging the market.
- In the last month SHW has a been trading in the 301.58 - 368.82 range, which is quite wide. It is currently trading near the lows of this range.
- SHW has an average volume of 1842470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SHW Weekly and Daily overview Charts
SHW Setup Rating and Analysis
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.
More info and screens
SHW Support and Resistance Analysis
300.48
When analyzing the support we notice one important area.
- A support zone ranging from 303.52 to 303.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 313.96 to 317.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 342.94 to 348.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 363.62 to 372.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
SHW Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SHW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SHW is down. |
| ChartMill Relative Strength | 28.29 | NEGATIVE | SHW has a low relative strength, it was outperformed by 71.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SHW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SHW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SHW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.81 | NEUTRAL | The RSI value for SHW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.41 | NEGATIVE | The MACD value suggests SHW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.26 | OVERSOLD | The low Stochastics value suggests SHW may be oversold. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for SHW suggests some volalility. |
| Average Directional Index/ADX (14) | 38.98 | POSITIVE | The high ADX value value for SHW suggests a strong trend. |
SHW Chart- and CandleStick Pattern Analysis
SHW Technicals: Chart, Performance Metrics, Trend & Indicators
313.95
+10.42 (+3.43%)
SHERWIN-WILLIAMS CO/THE / SHW TA FAQ
Can you provide the ChartMill technical rating for SHERWIN-WILLIAMS CO/THE?
ChartMill assigns a technical rating of 0 / 10 to SHW.
What is the current trend direction of SHERWIN-WILLIAMS CO/THE (SHW) stock?
The current trend direction for SHERWIN-WILLIAMS CO/THE (SHW) is Bearish.
Can you provide the RSI signal for SHERWIN-WILLIAMS CO/THE?
SHERWIN-WILLIAMS CO/THE (SHW) has an RSI value of 34.8143. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SHERWIN-WILLIAMS CO/THE?
The MACD indicator for SHERWIN-WILLIAMS CO/THE (SHW) has a value of -2.41217, indicating a bearish trend.
What is the buy/sell signal for SHW stock?
The buy/sell signal for SHERWIN-WILLIAMS CO/THE (SHW) is sell as both the short term and long term trends are negative.