Trading Signals: SHW Stock Price Prediction and Forecast

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Fri. Apr. 16, 2021

Trading Signals: SHW Stock Price Prediction and Forecast (Tue. Apr. 12, 2016 - Fri. Oct. 27, 2023)

(Sherwin-Williams Company)
SHW latest price $266.9200 (3.8%) ($258.5750 - $269.3200) on Fri. Apr. 16, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.47% (three month average)
RSI   63
Latest Price   $266.9200(3.8%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHW advances 0.9% a day on average for past five trading days.
Weekly Trend   SHW advances 1.8% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support SHW advance at 0% a week (0% probability)
SDY(60%)    SPLV(58%)    IVE(57%)    PAVE(57%)    DIA(56%)
Factors Impacting SHW price   SHW will decline at least -0.735% in a week (0% probabilities).
VIXM(-27%)    UUP(-19%)    TBT(-16%)    VXX(-12%)    USO(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.735% (StdDev 1.47%)
Hourly BBV 1.5 ()
Intraday Trend 3.1%

5 Day Moving Average   $258.82(3.13%)
10 Day Moving Average   $257.07(3.83%)
20 Day Moving Average   $251.63(6.08%)
To recent high   0%
To recent low   21.4%
Market Cap   $24.29b

The Sherwin-Williams Co. engages in the manufacture and trade of paint and coatings. It operates through the following segments: America Group, Consumer Brands Group, and Performance Coating Group. The America Group segment manages the exclusive outlets for Sherwin-Williams branded paints, stains, supplies, equipment, and floor covering. The Consumer Brands Group segment sells portfolios of branded and private-label products through retailers in North America and in parts of Europe, Australia, New Zealand and China, and also operates global supply chain for paint and coatings. The Performance Coating Group segment offers coatings and finishes, and sells in industrial wood, protective and marine, coil, packaging, and automotive markets. The company was founded by Henry Sherwin and Edward Williams in 1866 and is headquartered in Cleveland, OH.

$. SHW price fluctuates within 2.94% (three month std-dev: 1.47%) daily (68% of days).

Sample size 50 Average positive next day return: 2.2%(64%) Average negative next day return: -1.83%(36%) Sample size 50 Average positive next three day return: 3.92%(66%) Average negative next three day return: -2.85%(34%) Sample size 50 Average positive next weekly return: 4.25%(70%) Average negative next weekly return: -2.84%(30%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210516

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Apr_16_2021	241.21	251.63	257.07	258.82	258.41	260.09	266.92(3.8%)	UT	OpenLong	75	1.1	163	40	170	140	2.08	56%	0.11	73.1	1.47%	1.5	2.1	63	1.8
2	Apr_15_2021	240.94	250.11	255.31	256.5	256.79	256.43	257.14(0.82%)	UT	OpenLong	75	0.1	20	-10	6	63	1.18	53%	0.06	68.4	1.4%	0.1	1	63	1.8
3	Apr_14_2021	240.8	249.14	254.26	255.77	256.19	256.74	255.05(-0.92%)	UD	OpenLong	75	-0.1	21	20	6	65	0.89	53%	0.05	65.3	1.41%	-1.7	0.8	66	1.4
4	Apr_13_2021	240.69	248.36	253.67	255.1	255.38	257.15	257.41(-0.07%)	UD	OpenLong	75	0.3	71	50	63	93	0.69	51%	0.05	64.4	1.41%	0.7	1.2	68	1.7
5	Apr_12_2021	240.56	247.43	253.11	255.4	254.82	255.65	257.6(0.9%)	UT	OpenLong	75	0.3	85	20	73	119	1.01	51%	0.07	73.3	1.43%	1	1.4	70	1.8

6	Apr_9_2021	240.39	246.34	252.59	255.06	254.84	253.61	255.29(0.71%)	UD	OpenLong	65	0	27	-40	-3	117	1.55	51%	0.05	80	1.41%	1.2	1.2	72	1.5
7	Apr_8_2021	240.26	245.32	251.73	253.96	254.64	253.99	253.48(0.71%)	N/A	N/A	0	-0.1	-2	-10	-39	109	1.24	51%	0.05	85.5	1.42%	-0	1.1	69	1.5
8	Apr_7_2021	240.13	244.41	250.6	252.46	253.4	256.08	251.7(-2.8%)	UD	OpenLong	75	-0.1	89	90	70	147	1.74	53%	0.03	87.5	1.43%	-1.5	1	67	1.4
9	Apr_6_2021	240.05	243.6	249.69	251.87	251.53	255.28	258.95(1.19%)	UT	OpenLong	75	1	211	100	211	209	1.91	56%	0.07	89.5	1.39%	1.1	2.1	73	1.2
10	Apr_5_2021	239.89	242.1	247.78	250.5	249.69	250.73	255.9(2.46%)	UT	OpenLong	75	0.8	125	20	113	161	1.37	56%	0.06	88.1	1.39%	-0.6	1.9	71	1.3

11	Apr_1_2021	239.74	240.57	245.75	249.92	249.52	247.77	249.75(1.52%)	N/A	N/A	0	-0	-4	-50	-38	100	1.47	52%	0.03	74	1.36%	-1.4	1.1	70	1.3
12	Mar_31_2021	239.66	239.12	244.49	249.25	249.96	248.65	246(-1.1%)	N/A	N/A	0	-0.4	-30	-30	-69	87	1.32	50%	0.02	68	1.36%	-1.5	0.8	69	1.2
13	Mar_30_2021	239.61	238.08	243.67	248.33	248.96	251.27	248.74(-1.33%)	UD	OpenLong	75	0	73	70	53	133	1.08	50%	0.08	64.3	1.36%	-0.8	1.3	72	1.2
14	Mar_29_2021	239.41	237.11	242.68	246.98	246.96	251.26	252.1(-0.36%)	UD	OpenLong	75	0.6	234	120	244	205	1.09	50%	0.03	61.3	1.35%	1.1	1.9	79	1
15	Mar_26_2021	239.34	236.01	241.28	244.57	244.32	246.64	253.01(2.68%)	UT	HoldLong	65	1.1	226	60	236	196	1.69	50%	0.04	54.2	1.34%	1.9	2.3	85	1.4

16	Mar_25_2021	239.24	234.64	239.49	241.05	241.37	242.67	246.4(2.08%)	UT	HoldLong	65	0.8	91	40	81	119	1.43	46%	0.02	38.1	1.31%	2	1.8	85	1.1
17	Mar_24_2021	239.19	233.52	238.28	239.11	239.51	241.99	241.38(-0.25%)	UD	OpenLong	75	0.4	119	80	112	141	1.27	43%	0.02	19.5	1.29%	-0.1	1.3	86	1
18	Mar_23_2021	239.14	232.8	237.67	238.33	238.13	240.07	241.98(0.79%)	UT	OpenLong	75	0.6	151	50	145	167	1.8	42%	0.03	7.1	1.3%	0.9	1.5	75	1.1
19	Mar_22_2021	239.08	232.26	236.97	237.74	237.08	237.02	240.08(1.98%)	UT	OpenLong	75	0.4	52	-10	27	125	1.06	42%	0.05	1.7	1.31%	2	1.4	62	1.9
20	Mar_19_2021	238.97	232	235.94	237.52	237.35	236.19	235.42(-0.55%)	N/A	N/A	0	-0.4	-8	-40	-43	96	2.83	38%	0.02	-2.9	1.29%	-0.3	0.6	56	1.6

21	Mar_18_2021	238.92	232.12	235.03	237.64	237.59	237.14	236.71(-0.31%)	N/A	N/A	0	-0.2	-8	-10	-43	96	1.39	38%	0.05	-2.7	1.3%	-0.7	0.8	63	1.2
22	Mar_17_2021	238.81	232.31	233.47	237.23	237.32	238.5	237.45(-0.65%)	UD	OpenLong	75	0	57	40	36	118	1.07	38%	0.05	-1.1	1.3%	0.1	0.8	66	2.1
23	Mar_16_2021	238.68	232.39	232.2	236.82	236.64	238.05	239.02(0.01%)	UT	OpenLong	75	0.4	102	40	91	134	1.27	38%	0.07	-1.2	1.29%	1.6	1.1	63	1.9
24	Mar_15_2021	238.52	232.17	231.22	236.08	236.1	236.14	238.99(1.25%)	UT	OpenLong	75	0.5	80	0	68	114	0.82	38%	0.05	-8.9	1.29%	2.1	1.1	55	2.4
25	Mar_12_2021	238.4	232.16	230.35	234.16	235.23	235.23	236.04(0.59%)	UT	OpenLong	75	0.3	31	10	19	65	1.23	38%		-16.4	1.28%	0.1	0.6	48	1.8
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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