Stock Analysis: Sherwin williams Co/the (SHW)

Stock Analysis for Sherwin williams Co/the (SHW)

The Interpreter
Hey Friend, I'm analysing SHERWIN WILLIAMS CO/THE (SHW), and it is between the Support of $ 296.67 (PivotS1) and the Resistance of $ 304.33 (Pivot). The stock is also approaching the line of PivotS1 at $ 296.67, and if it goes below this line it could reach the next Support of 100% of Fibonacci at $ 294.55.

Sherwin williams Co/the (SHW)

$ 299.53 -2.1%

Last Close 30-Apr-24

Trade SHW Now

Supports

Next Support: $ 296.67

Pivot S1: $ 296.67
Fibonacci 100%: $ 294.55
Triangle Level (1): $ 294.21

Resistances

Next Resistance: $ 304.33

Pivot: $ 304.33
Fibonacci 61.8%: $ 315.11
Triangle Level (0): $ 323.04

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 10 Apr 2024	Sell Price: 321.16	Profit: Close Day1 ($ 319.92)	Abandoned Baby	Sell
002 03 Apr 2024	Buy Price: 334.29	Profit: Open Day1 ($ 337.64)	Piercing Line	Buy
003 18 Mar 2024	Buy Price: 335.27	Profit: Open Day1 ($ 336.35)	Abandoned Baby	Buy
004 23 Jan 2024	Sell Price: 305.46	Profit: Close Day1 ($ 301.06)	Dark Cloud Cover	Sell
005 16 Oct 2023	Buy Price: 252.37	Profit: Close Day1 ($ 252.84)	Abandoned Baby	Buy
006 10 Oct 2023	Buy Price: 253.20	Profit: Open Day1 ($ 254.46)	Engulfing	Buy
007 19 Sep 2023	Buy Price: 261.42	Profit: Open Day1 ($ 263.08)	Engulfing	Buy
008 19 Sep 2023	Buy Price: 261.20	Profit: Open Day1 ($ 263.08)	Piercing Line	Buy
009 18 Aug 2023	Buy Price: 270.15	Profit: Open Day1 ($ 270.34)	Piercing Line	Buy
010 16 Jun 2023	Sell Price: 247.89	Profit: Open Day1 ($ 245.33)	Dark Cloud Cover	Sell
011One Year Average	Both Sides Result for 10 Signals	Profit: $ 18.09 ($ 1.81 / Signal) +6.4% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for SHW Below.

Please Subscribe to See
The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	302.85	SELL	2	301.74	SELL
3	304.05	SELL	3	302.72	SELL
5	304.14	SELL	5	303.89	SELL
8	304.78	SELL	8	305.65	SELL
13	307.57	SELL	13	309.14	SELL
21	316.01	SELL	21	314.01	SELL
34	325.36	SELL	34	318.06	SELL
55	325.51	SELL	55	318.39	SELL
90	317.58	SELL	90	313.04	SELL
200	289.32	BUY	200	294.18	BUY

Company Info +

Name & IPO

Sherwin-williams Co/the
IPO: 1964-02-11

Stock Ticker & Exchange

Ticker: SHWIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.sherwin-williams.com/
Phone:

Stock Type

Common Stock

SIC Office

Trade & Services ()

Industry

Retail-building Materials, Hardware, Garden Supply

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.