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Archive
- 3/21/2025 -
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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 dropped -7.40 points, or -2.17%, and closed at 334.40 on Friday, March 21, 2025. Weekly volume was 36% above 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 280.25 and resistance is at 418.60. 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 327.40 on January 13, 2025. SHW lost 73.00 points, or 18.23%, in 6 weeks. The price is now at the 9.59% retracement level.
 Weekly Technical Indicators: [See SHW weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly 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 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 327.90 on March 21, 2025. SHW lost 37.20 points, or 10.19%, in 14 days. The price is now at the 17.47% retracement level.
 Daily Technical Indicators: [See SHW daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since March 11, 2025. This is an indication that the short-term trend is down.
During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. 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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