SHW Technical Signal Analysis
SHW have 2 buy signals and 6 sell signals now. The current trend is consolidation starting from 2025-03-07. The total price change during this trend is -5.92%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of SHW over last 5 trading day is $696,958,467.74
2 Bullish Signal
6 Bearish Signal
Name
Signal
Value
Meaning
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-129.06
Bullish
Williams %R (14 days)
WILLR_14 < -80
-97.58
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-2.22
Bearish
Momentum (10 days)
MOM_10 < 0
-13.41
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-1.21
Bearish
Closing price
close < fibonacci_S1
342.1
Bearish
Moving Average
Price crosses below 250-day SMA
--
Bearish
Moving Average
5-day SMA crosses below 20-day SMA
--
Bearish
2 Bullish Signal
Name
Signal
Value
Meaning
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-129.06
Bullish
Williams %R (14 days)
WILLR_14 < -80
-97.58
Bullish
SHW Support and Resistance Level
The support levels for SHW are at 345.31, 339.74, and 330.73, while the resistance levels are at 363.32, 368.89, and 377.89. With the current stock price at 342.1, it is leaning more toward the support levels.
SHW Technical Analysis
Comprehensive Technical Analysis of SHW Stock
Current Price and Trend Analysis
The Sherwin-Williams Company (SHW) closed at 363.62 on 2025-03-07, showing a 0.98% increase during the regular market hours. The stock opened at 361.98, reaching a high of 365.11 and a low of 355.46. The trading volume was 2,024,500, indicating moderate activity.
Key Technical Indicators
- RSI (14): 56.23 (Neutral)
- MACD: 1.13 (Bullish)
- Stochastic Oscillator: 72.94 (Overbought)
- Bollinger Bands: Price approaching the upper band, signaling potential volatility.
Fibonacci Levels
- Pivot Point: 355.12
- Resistance Levels: 363.56, 368.77
- Support Levels: 346.68
The stock is currently testing the first resistance level at 363.56, which may act as a barrier.
Moving Averages
- 20-Day SMA: 357.23
- 50-Day SMA: 356.32
- 200-Day SMA: 350.90
SHW is trading above all major moving averages, indicating a bullish trend.
Volume Analysis
The volume has been decreasing over the past few sessions, suggesting weakening momentum despite the price increase.
Candlestick Pattern
The recent Doji candlestick indicates indecision, suggesting a potential pause or reversal in the uptrend.
Conclusion and Recommendation
Based on the analysis, SHW is approaching a resistance level with overbought conditions. While the overall trend is bullish, the stock may experience a pullback.
Recommendation: Sell at current levels to lock in profits, with a plan to Buy on dips near the support levels.
Disclaimer: This analysis is for informational purposes only and should not be considered as investment advice. Always consult a financial advisor before making investment decisions.
SHW FAQs
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Is SHW a buy based on overall technical signals summary?
SHW Buy or Sell
SHW has 2 buy signals and 6 sell signals now. Overall the technical rating for SHW is Strong sell.
Strong sell
Sell
6
Buy
2
SHW Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 342.1 below the SMA_5. In the short term, the stock shows a negative trend with the 353.27 below the SMA_20. In the mid term, the stock shows a positive trend with the 354.62 above the SMA_60. In the long term, the stock shows a positive trend with the 352.62 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about SHW's current trend?What are SHW's key support and resistance levels?