For its latest trading sesion, Sherwin-Williams Company (The) (NYSE:SHW) dropped by -0.4% – here is what that looked like (as of 2019-11-28):
What’s the reason for these moves? To understand this better, We ought to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.064, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 5.26, an Accumulation/Distribution Index (ADI) of 5.26, an On-Balance Volume (OBV) of 3601.931, and a Chaiikin Money Flow (CMF) of -587.18. 4.606
Now let’s take all these indicators into account. Consulting Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for Sherwin-Williams Company (The) (NYSE:SHW). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.
2335 Holt Street, SAINT CROIX IN 47576