|
|
|
|
Archive
- 4/17/2025 -
Sign In to see current Signals. |
Sherwin-Williams (SHW) Technical Analysis
|
 |
| Summary:
| | | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Sherwin-Williams (SHW). During the week, the SHW dropped -3.42 points, or -1.02%, and closed at 333.38 on Thursday, April 17, 2025. Weekly volume was -6% below average.
 Long-term trend: [See SHW long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 195.24 and reached 400.40 on November 27, 2024. SHW gained -205.16 points, or -105.08%, in 110 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 282.96 and resistance is at 423.76. 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 downtrend had started on November 27, 2024 at 400.40 and reached 308.80 on April 8, 2025. SHW lost 91.60 points, or 22.88%, in 18 weeks. The price is now at the 26.83% retracement level.
 Weekly Technical Indicators: [See SHW weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since December 6, 2024. This is an indication that the medium-term trend is down. 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 7, 2025 at 365.10 and reached 308.80 on April 8, 2025. SHW lost 56.30 points, or 15.42%, in 32 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 297.66 and resistance is at 347.06. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See SHW daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Materials |
3 |
| Industry |
Specialty Chemicals |
50 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
308.80 |
| Low Date |
04/08/2025 |
| High |
342.73 |
| High Date |
04/14/2025 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Descending Wedge |
| Status |
Valid |
| Resistance |
347.06 |
| Support |
297.66 |
| High |
365.10 |
| High Date |
03/07/2025 |
| Low |
308.80 |
| Low Date |
04/08/2025 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
370.00 |
| High Date |
01/30/2025 |
| Low |
308.80 |
| Low Date |
04/08/2025 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
400.40 |
| High Date |
11/27/2024 |
| Low |
308.80 |
| Low Date |
04/08/2025 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
423.76 |
| Support |
282.96 |
| Low |
195.24 |
| Low Date |
10/13/2022 |
| High |
400.40 |
| High Date |
11/27/2024 |
|
|