See how the Rounding Bottom is playing out for SHW. View live chart.
Gradual reversal from bearish to bullish.
Traders are watching Sherwin-Williams (SHW) as price action tightens. The stock is trading at $320.79, up 2.23% on the day. The primary technical feature is a Rounding Bottom formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $328.14, targeting $366.42 with support near $309.0 (R:R 2.0).
What is your outlook on SHW?