See how the Rounding Bottom is playing out for SHW. View live chart.
Gradual reversal from bearish to bullish.
Technical analysis of Sherwin-Williams (SHW) reveals a significant setup. With a last close of $333.6, volatility remains active (-0.23%). The primary technical feature is a Rounding Bottom formation. This setup is supported by average volume turnover. A potential breakout level is identified at $350.89, targeting $400.2 with support near $326.24 (R:R 2.0).
What is your outlook on SHW?