Trading Signals: SHW Stock Price Prediction and Forecast (Tue. Apr. 12, 2016 - Fri. Oct. 27, 2023)(Sherwin-Williams Company)
| SHW latest price $306.6200 (-0.05%) ($306.2000 - $308.4500) on Fri. Oct. 22, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 0.99% (three month average) | RSI | 78 | Latest Price | $306.6200(-0.05%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | SHW advances 0.7% a day on average for past five trading days. | Weekly Trend | SHW advances 2.1% a week on average for past two weeks. | Market Behavior | Rotation from growth to value for large cap. Growth stock sell-off for small cap. | Correlated ETFs | Broad market will support SHW advance at 0% a week (0% probability) SDY(61%) IVE(59%) PAVE(58%) SPLV(58%) DIA(57%) | Factors Impacting SHW price | SHW will decline at least -0.495% in a week (0% probabilities). VIXM(-27%) UUP(-19%) TBT(-17%) VXX(-11%) IGOV(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.495% (StdDev 0.99%) | Hourly BBV | 1 () | Intraday Trend | -0.1% | | | |
|
5 Day Moving Average | $302.18(1.47%) | 10 Day Moving Average | $297.34(3.12%) | 20 Day Moving Average | $292.34(4.88%) | To recent high | -0.7% | To recent low | 9.7% | Market Cap | $27.902b | | | | 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. |