The Greedy Trader Weekly Analysis
Sign In Apr 20, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 4/13/2018
Sign In to see current Signals.
Sherwin-Williams
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support lineWilliams' Percentage Range is oversold
Daily :
Move cursor over the icon to see details.

It was the negative week for the Sherwin-Williams (SHW). During the week, the SHW gave back -0.28 points, or -0.07%, and closed at 385.43 on Friday, April 13, 2018. SHW was trading at average weekly trading volume.

Long-term trend: [See SHW long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 42.19 and reached 435.15 on January 16, 2018. SHW gained -392.96 points, or -931.41%, in 462 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 280.57 and resistance is at 407.41. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See SHW medium-term trend chart]
A medium-term uptrend had started on November 1, 2016 at 239.48 and reached 435.15 on January 16, 2018. SHW gained -195.67 points, or -81.71%, in 63 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (413.68) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.

Weekly Technical Indicators: [See SHW weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is below its signal line since February 2, 2018. The distance between MACD and the signal line is near its high and getting bigger. Use the following link to access a MACD help.

Short-term trend: [See SHW short-term trend chart]
A short-term downtrend had started on March 9, 2018 at 421.45 and reached 378.14 on April 2, 2018. SHW lost 43.31 points, or 10.28%, in 24 days. The price is now at the 16.83% retracement level.

Daily Technical Indicators: [See SHW daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since March 21, 2018. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 47.78
Williams' Percentage Range (W%R) 69.80
Lane's Stochastic (%D-Slow) 36.46
Greed/Fear Indicator (GFI) 38.14
Moving Average Converg./Diverg. (MACD) -3.97
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 36.55
Williams' Percentage Range (W%R) 82.50
Oversold
Lane's Stochastic (%D-Slow) 33.76
Greed/Fear Indicator (GFI) 31.22
Moving Average Converg./Diverg. (MACD) 11.51
Trading Signals
Description Value Chart
Monthly Trendline Resistance 450.51
Monthly Trendline Support 413.68
Upper Bollinger Band 408.24
Quarterly Trendline Resistance 407.41
50 Day Moving Average 398.85
20 Day Moving Average 393.10
Daily Stochastic Crossing 390.43
Weekly Stochastic Crossing 389.88
Parabolic System 389.86
Price 385.43
Lower Bollinger Band 377.59
Sector and Industry
Description Name Rank
Sector Industrial Goods 4
Industry General Building Matrials 50
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 421.45
High Date 03/09/2018
Low 378.14
Low Date 04/02/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 435.15
High Date 01/16/2018
Low 378.14
Low Date 04/02/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 450.51
Support 413.68
Low 239.48
Low Date 11/01/2016
High 435.15
High Date 01/16/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 407.41
Support 280.57
Low 42.19
Low Date 03/06/2009
High 435.15
High Date 01/16/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 17.01
Low Date 02/03/2000
High 435.15
High Date 01/16/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.