SHW stock: buy or sell

SHW stock price: $725.55 0.94% At close on Jan 15th, 2021

Updated on:
Jan 18th, 2021

1

SHW stock brief

  • Sherwin-Williams closed last Friday at $725.55 after slightly moving a 0.94%.
  • The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers.

Should I buy Sherwin-Williams stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $SHW stock a buy?

In the current situation of Sherwin-Williams there is just one buy setup eligible:

ATH buy setup

All-time Highs is always an excellent buy point for those who like to buy high and sell higher. The good point of buying at ATHs is that shares price doesn't have upper resistances, and usually it rises rapidly. However, you must always be aware of a possible bulls trap that may trigger your buy order and then falls sharply. That's why a stop loss is so important. Sherwin-Williams can break to ATH any time soon, as it only needs to rise a 4.28%. The buy point is at $756.60 if you want to trade with this strategy. Set your stop-loss at $682.02

Buy setupBuy pointStop lossRisk
ATH buy setup$756.60$682.029.86%

Should I sell Sherwin-Williams stock?

Knowing when to sell a stock is even more difficult than knowing when to buy it. Trading strategies allow us to avoid rash decisions based on our sentiments or the buzz that surrounds the market. When selling, as well as buying, detailed strategies are very easy to use and are only applicable for selling stocks you already own, not for shorting $SHW stock

A golden rule is that you should not mantain an open trade that yields higher than expected losses at the time of the buy. The moment to sell your stock always has to be determined by the stop-loss (automatic or manual)

Is it time to sell Sherwin-Williams stock?

In the current situation of Sherwin-Williams there is not any eligible sell setup, so Sherwin-Williams stock holders with operations in green can keep their positions

Sherwin-Williams ratings

We don't have any rating published in the last 30 days for Sherwin-Williams

Sherwin-Williams stock analysis

SMAs overview

SHW stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $755.00 (4.06% above)
  • R2: $756.60 (4.28% above)
  • The current support levels are:

  • S1: $724.57 (-0.14% below)
  • S2: $703.11 (-3.09% below)
  • S3: $698.52 (-3.73% below)
  • Bollinger bands

    The current range between the upper and lower bands is 3.03%, which means that price volatility is at very low levels. The compression of the Bollinger bands is frequently a signal of a sudden price movement (up or down), so we must be on alert and manage our buy or sell orders appropiately

    SHW stock Bollinger Bands chart

    Relative strength index

    When the fluctuates for so long below 70 and above 30, without indicating moments of overbought and oversold, the indicator turns out to be of little use, and we find ourselves in one of these cases.

    SHW stock RSI chart

    Sherwin-Williams stock price history

    Sherwin-Williams went public on Mar 17th, 1980 priced at $0.00 per share1. Since then, SHW stock surged by -, with an average of 0.00% per year. An investment of $1,000USD at that time would worth $inf nowadays.

    1: Adjusted price after possible price splits or reverse-splits

    SHW stock price history chart

    Price target for Sherwin-Williams stock

    Nobody knows how much a share will be priced in the future. Banks and financial organisations issue their analysis forecasting how a particular stock will performance in the future.

    The following table shows the price predictions posted by brokerage institutions in the last 30 days. Again, these predictions are not direct recommendations for individual investors and should not be followed blindly.

    We don't have any target price published in the previous 30 days for Sherwin-Williams.

    Earnings and financials

    Sherwin-Williams ($SHW) had the earnings event and released the report last October. SHW surpassed Wall St estimates and presented of $8.29, that is a 6.97% surprise compared to the forecasts of $7.75. Despite this, reported revenues of $5.1 billion were in line with market estimates.

    For comparison, the EPS for the same quarter last year was $6.65, so posted EPS means a gain of 24.66%. Looking at turnover, figures inched a 5.23% compared to $48.7B same quarter last year.

    SHW ($SHW) is releasing Q4 financial report on Thursday next week. Market expects of $4.84, compared to Q3 that was $8.29.

    Sherwin-Williams performance

    SHW performance compared
    Company1m3m6m
    Sherwin-Williams ($SHW) -0.20% 5.10% 19.70%

    Disclaimer:
    The comments written in this article are personal and should not be followed as recommendations for you to buy or sell shares. The author of this text does not know the specific circumstances of the reader, his or her own finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are published for informational motives only

    SHW summary

    Friday, January 15th, 2021
    Open$717.9
    Close$725.55
    Day range$712.09 - $728.57
    Previous close$718.78
    Session gain0.94%
    Average true range$15.18
    50d mov avg$725.84
    100d mov avg$707.22
    200d mov avg$639.91
    Earnings dateJanuary 28th, 2021

    Frequently asked questions

    What is Sherwin-Williams stock symbol?

    The Sherwin-Williams Company is a public company trading in the US stock market with the SHW symbol

    Is Sherwin-Williams stock a buy or sell?

    Sherwin-Williams had no ratings in the last 4 weeks Read the article to get additional tips on trading SHW stock.

    Will SHW go up?

    There were no predictions published by analysts in the last month for Sherwin-Williams.