Logo image of SHW

SHERWIN-WILLIAMS CO/THE (SHW) Stock Technical Analysis

NYSE:SHW - New York Stock Exchange, Inc. - US8243481061 - Common Stock

357.575  -3.94 (-1.09%)

Technical Rating and Analysis

4

Overall SHW gets a technical rating of 4 out of 10. SHW has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
SHW is one of the better performing stocks in the Chemicals industry, it outperforms 76% of 85 stocks in the same industry.
In the last month SHW has a been trading in the 327.44 - 366.96 range, which is quite wide. It is currently trading near the high of this range.
SHW has an average volume of 1981860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SHW turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
SHERWIN-WILLIAMS CO/THE / SHW Weekly stock chart
SHERWIN-WILLIAMS CO/THE / SHW Daily stock chart
Setup Rating and Analysis

4

SHW has an average technical rating and the quality of the presented setup is also not ideal 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

326.85

403.72

2 important support areas can be observed.

  • A support zone ranging from 339.09 to 343.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 330.15 to 331.71. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 397.41 to 399.72. 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
CRS68.13
Mansfield-0.33
10 Day High366.96
10 Day Low327.44
20 Day High366.96
20 Day Low327.44
52 Week High400.42
52 Week Low282.09
Performance
1 Week7.56%
2 Weeks7.42%
1 Month3.69%
3 Month0.69%
6 Month3.52%
12 Month19.77%
2 Year52.8%
3 Year26.18%
5 Year94.72%
10 Year299.81%
15 Year1612.01%
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)3.93
RSI(14)59.25
LBB323.99
UBB359.25
SHERWIN-WILLIAMS CO/THE / SHW Daily stock chart

SHERWIN-WILLIAMS CO/THE

NYSE:SHW (1/22/2025, 11:48:09 AM)

357.575

-3.94 (-1.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-1.09%
1 Week7.56%
2 Weeks7.42%
1 Month3.69%
3 Month0.69%
6 Month3.52%
12 Month19.77%
2 Year52.8%
3 Year26.18%
5 Year94.72%
10 Year299.81%
15 Year1612.01%
Volatility
ATR(14)8.43
ATR(20)%2.13%
ATR Inc44.82%
Range Today5.26
ADR(20)7.15
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.13
Mansfield-0.33
10 Day High366.96
10 Day Low327.44
20 Day High366.96
20 Day Low327.44
52 Week High400.42
52 Week Low282.09
CS1 End343.43
CR1 Start397.41
Volume & EV
DER(3)0.47%
DER(5)0.21%
Volume369.06K
Volume Incr18.38%
Vol(5)1.78M
Vol(50)1.98M