SHERWIN-WILLIAMS CO/THE (SHW)
US8243481061 - Common Stock
Taking everything into account, SHW scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SHW has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
SHW is one of the better performing stocks in the Chemicals industry, it outperforms 86% of 83 stocks in the same industry.
SHW is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SHW is leading the market.
In the last month SHW has a been trading in the 292.33 - 351.99 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SHW has an average volume of 1880860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SHW did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SHW has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
264.50
352.72
When analyzing the support we can see 4 important areas.
- Support @321.84 from a horizontal line in the daily time frame.
- Support @300.55 from a trend line in the daily time frame.
- Support @295.77 from a horizontal line in the daily time frame.
- Support @267.17 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 349.23 to 349.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.28
Mansfield0.55
10 Day High351.99
10 Day Low316.76
20 Day High351.99
20 Day Low292.33
52 Week High351.99
52 Week Low232.06
Performance
1 Week8.5%
2 Weeks9.69%
1 Month17.58%
3 Month13.96%
6 Month15.69%
12 Month24.67%
2 Year44.34%
3 Year19.99%
5 Year104.21%
10 Year408.01%
15 Year1714.13%
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)3.53
RSI(14)72.17
LBB297.3
UBB352.05
SHERWIN-WILLIAMS CO/THE
NYSE:SHW (7/26/2024, 7:04:00 PM)
After market: 349.99 +0.77 (+0.22%)349.22
+6.48 (+1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.89%
1 Week8.5%
2 Weeks9.69%
1 Month17.58%
3 Month13.96%
6 Month15.69%
12 Month24.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)8.58
ATR(20)%2.06%
ATR Inc
Range Today8.99
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 High351.99
10 Day Low316.76
20 Day High351.99
20 Day Low292.33
52 Week High351.99
52 Week Low232.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.93M
Volume Incr46.43%
Vol(5)2.58M
Vol(50)1.88M