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Archive - 2/6/2026 - Sign In to see current Signals. |
Sherwin-Williams (SHW) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Sherwin-Williams (SHW). During the week, the SHW gained 7.34 points, or 2.07%, and closed at 361.98 on Friday, February 6, 2026. Weekly volume was 24% above average. SHW is a member of Materials Sector. Materials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See SHW long-term trend chart] A long-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 chart has formed a Symmetric Triangle chart pattern. The trend support level is at 321.50 and resistance is at 366.54. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.
Medium-term trend: [See SHW medium-term trend chart] A medium-term uptrend had started on November 18, 2025 at 318.22 and reached 370.00 on February 4, 2026. SHW gained -51.78 points, or -16.27%, in 11 weeks. The price is now at the 15.49% retracement level.
Weekly Technical Indicators: [See SHW weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 above its signal line since January 9, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.
Short-term trend: [See SHW short-term trend chart] A short-term uptrend had started on January 29, 2026 at 342.00 and reached 370.00 on February 4, 2026. SHW gained -28.00 points, or -8.19%, in 6 days. The price is now at the 28.64% retracement level.
Daily Technical Indicators: [See SHW daily technical indicators chart] Daily technical indicators are neutral. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. A Parabolic SAR (stop and reversal) indicator (358.55) comes close to the price (361.98). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
Candlestick pattern: [See SHW candlestick chart pattern] On Friday the chart has formed a Bullish Homing Pigeon Candlestick pattern. A Bullish Homing Pigeon pattern occurs in a downtrend. Market usually has a tendency to enter into a congestion phase following a Homing Pigeon pattern.The reliability of the Bullish Homing Pigeon is medium. Use the Technical Stock Screener to see the list of stocks that had a Bullish Homing Pigeon Candlestick pattern during the last week.
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