Trading Signals: SHW Stock Price Prediction and Forecast

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Fri. Oct. 27, 2023

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

(Sherwin-Williams Company)
SHW latest price $236.0300 (-0.71%) ($235.0200 - $239.9000) on Fri. Oct. 27, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.25% (three month average)
RSI   33
Latest Price   $236.0300(-0.71%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHW declines -0.1% a day on average for past five trading days.
Weekly Trend   SHW declines -2.9% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support SHW advance at 0% a week (0% probability)
ACES(77%)    TLT(35%)    XLC(27%)    XLE(23%)    SLV(18%)
Factors Impacting SHW price   SHW will decline at least -0.625% in a week (0% probabilities).
IDRV(62%)    FXI(-89%)    EWY(73%)    ICLN(77%)    DRIV(84%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.625% (StdDev 1.25%)
Hourly BBV -2.7 ()
Intraday Trend -0.5%

Resistance Level   $246.25
5 Day Moving Average   $237.19(-0.49%)
10 Day Moving Average   $240.7(-1.94%)
20 Day Moving Average   $246.25(-4.15%)
To recent high   -15.8%
To recent low   0.4%
Market Cap   $21.479b

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 3.02% (three month std-dev: 1.25%) daily (68% of days).

Sample size 18 Average positive next day return: 1.15%(44%) Average negative next day return: -1.04%(56%) Sample size 18 Average positive next three day return: 1.79%(72%) Average negative next three day return: -6.84%(28%) Sample size 18 Average positive next weekly return: 3.6%(67%) Average negative next weekly return: -3.59%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231127

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	Oct_27_2023	260.91	246.25	240.7	237.19	238.32	238.08	236.03(-0.71%)	DT	OpenShort	-75	-0.2	-50	10	-18	-144	1.43	31%	-0.03	-58.9	1.25%	-2.7	-1.4	33	-1.7
2	Oct_26_2023	260.99	247.22	241.79	237.53	238.57	238.33	237.71(-0.38%)	DT	OpenShort	-75	0	-45	10	-9	-151	1.54	33%	-0.01	-59.5	1.26%	0.3	-1.3	31	-1.1
3	Oct_25_2023	261.02	248.15	242.91	237.76	238.49	238.56	238.61(1.54%)	DP	OpenShort	-75	0.1	-64	10	-30	-165	2.27	38%	-0	-61.2	1.28%	0.3	-1.4	34	-0.8
4	Oct_24_2023	261.03	248.8	244.54	238.5	239.12	238.81	234.98(-1.53%)	DT	OpenShort	-75	-0.5	-70	-0	-39	-161	3.72	35%	-0.02	-67.9	1.32%	-1.7	-2.1	27	0.4
5	Oct_23_2023	261.08	249.8	246.4	242.07	240.48	238.43	238.64(0.4%)	DP	OpenShort	-75	-0.6	-140	-80	-133	-159	3.27	37%	-0.01	-65.4	1.31%	-0.2	-1.9	42	-0.7

6	Oct_20_2023	261.11	250.72	247.76	244.82	243.9	239.43	237.7(-0.5%)	DT	OpenShort	-75	-1.3	-189	-140	-199	-160	1.66	37%	0.01	-62.1	1.32%	-1.3	-2.4	37	-1.3
7	Oct_19_2023	261.08	251.62	249.54	246.67	246.98	242.54	238.89(-1.4%)	DT	OpenShort	-75	-1.7	-253	-120	-279	-175	2.15	37%	0.05	-70.8	1.32%	-1.5	-2.8	36	-1.4
8	Oct_18_2023	260.96	252.46	251.11	248.7	249.03	248.36	242.29(-4.17%)	DT	OpenShort	-75	-1.7	-159	-10	-172	-118	1.54	38%	0.05	-87.8	1.31%	-1.6	-2.7	37	-0.7
9	Oct_17_2023	260.82	253.35	252.58	251.35	250.73	251.42	252.84(0.19%)	UT	OpenLong	75	0.4	41	10	52	6	0.93	42%	-0.03	-88.5	1.21%	0.7	-0.2	53	0.5
10	Oct_16_2023	260.9	253.75	252.21	251.42	251.47	249.71	252.37(2.2%)	DP	OpenShort	-75	0.3	-26	-50	-24	-33	1.13	42%	0.09	-91.5	1.21%	1.1	-0.4	49	0.8

11	Oct_13_2023	260.66	254.1	252.24	251.31	251.93	250.03	246.94(-0.86%)	DT	OpenShort	-75	-1.1	-148	-50	-165	-98	0.94	38%	0.08	-101.3	1.18%	-1.4	-1.8	41	-1.3
12	Oct_12_2023	260.45	254.84	253.09	252.9	252.65	253.24	249.07(-2.53%)	DT	OpenShort	-75	-0.9	-42	10	-45	-32	0.93	38%	0.08	-89.7	1.18%	-1.6	-1.3	45	0.3
13	Oct_11_2023	260.24	255.76	253.82	253.83	253.18	253.83	255.54(0.92%)	UT	OpenLong	75	0.3	62	10	73	29	1.47	44%	0.12	-78.5	1.14%	0.7	-0	51	0.4
14	Oct_10_2023	259.94	256.34	253.34	254.01	253.28	252.06	253.2(0.55%)	DP	OpenShort	-75	-0.1	-24	-40	-24	-25	1.28	44%	0.09	-70.3	1.16%	0.2	-0.6	42	0.2
15	Oct_9_2023	259.71	257.07	253.4	253.12	253.66	252.53	251.82(-1.19%)	DT	OpenShort	-75	-0.2	-81	-20	-84	-73	1.14	44%	0.08	-65.4	1.16%	-0.5	-0.8	38	-0.1

16	Oct_6_2023	259.51	258.11	253.83	253.29	253.6	254.49	254.85(0.45%)	DP	OpenShort	-75	0.2	-19	30	-9	-50	1.2	46%	0.09	-62.1	1.15%	0.9	-0.5	43	-0.7
17	Oct_5_2023	259.28	258.89	253.79	253.33	253.41	254.79	253.72(-1.07%)	N/A	N/A	0	0.1	52	40	78	-28	1.22	43%	0.1	-59.5	1.15%	0.4	-0.7	40	-0.7
18	Oct_4_2023	259.01	259.73	253.85	253.83	253.78	252.7	256.46(3.09%)	N/A	N/A	0	0.4	15	-30	41	-62	1.87	43%	0.14	-56.8	1.17%	1.9	-0.4	35	-1
19	Oct_3_2023	258.65	260.34	254.1	252.66	253.6	252.03	248.77(-1.54%)	DT	HoldShort	-65	-0.5	-151	-30	-144	-170	1.79	38%	0.09	-61.1	1.12%	-1.3	-1.5	23	-2.1
20	Oct_2_2023	258.42	261.4	255.36	253.68	253.99	254.87	252.65(-0.94%)	DT	OpenShort	-75	-0.1	-54	30	-29	-130	1.22	40%	0.1	-58.8	1.1%	-1.5	-1.2	25	-1.1

21	Sep_29_2023	258.16	262.5	256.08	254.39	254.36	255.18	255.05(-0.45%)	N/A	N/A	0	0.1	56	20	105	-93	1.45	46%	0.1	-49.5	1.12%	0.3	-1	23	-1.3
22	Sep_28_2023	257.9	263.33	256.7	254.32	253.92	253.11	256.21(2.23%)	DP	OpenShort	-75	0.3	-58	-30	-23	-162	1.37	46%	0.11	-48.9	1.14%	1.6	-1	29	-0.9
23	Sep_27_2023	257.62	264.04	257.78	253.95	254.2	253.54	250.62(-1.28%)	DT	HoldShort	-65	-0.5	-121	-20	-92	-207	1.24	46%	0.09	-52.5	1.11%	-1.7	-1.8	19	-1.6
24	Sep_26_2023	257.4	265.08	259.55	255.79	255.13	254.73	253.87(-0.91%)	DT	OpenShort	-75	-0.3	-90	-20	-62	-175	1.03	50%	0.09	-50.6	1.13%	-1.9	-1.7	27	-3
25	Sep_25_2023	257.16	265.76	261.02	257.3	256.89	254.86	256.21(0.6%)	DP	OpenShort	-75	-0.2	-92	-60	-68	-164	0.98	50%		-51.7	1.14%	0.5	-1.5	28	-1.5
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