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Archive
- 8/28/2026 -
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Sherwin-Williams (SHW) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Sherwin-Williams (SHW). During the week, the SHW gave back -1.73 points, or -0.50%, and closed at 344.86 on Friday, August 28, 2026. Weekly volume was -24% below average.
 Long-term trend: [See SHW long-term trend chart]
A long-term downtrend had started on November 27, 2024 at 400.40 and reached 289.86 on June 2, 2026. SHW lost 110.54 points, or 27.61%, in 78 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend resistance line (350.58). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
 Medium-term trend: [See SHW medium-term trend chart]
A medium-term uptrend had started on June 2, 2026 at 289.86 and reached 372.16 on August 7, 2026. SHW gained -82.30 points, or -28.39%, in 9 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 309.45 and resistance is at 384.22. 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 medium-term trend.
 Weekly Technical Indicators: [See SHW weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since June 18, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. 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 August 7, 2026 at 372.16 and reached 340.50 on August 20, 2026. SHW lost 31.66 points, or 8.51%, in 13 days. The price is now at the 13.77% retracement level.
Daily Technical Indicators: [See SHW daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 Lane's Stochastic help.
The daily MACD line is below its signal line since August 14, 2026. This is an indication that the short-term trend is down.
Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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