SHW trade ideas
$SHW Sherwin-Williams Long Term Bull Flag Breakout$SHW appears to be breaking out of a long term bull flag
Medium term target $421 possible by mid-July ER
Longer term target $435 (retest of ATH) by Sept-Oct
Idea credit to Adam Miller ( @SupplyTractor ) for directing me to this stock
SHW long idea 1 Wait until buy price is hit in blue area. Set buy limit order, & other cancels other order for stop and target prices.
Buy order price : 404.00
Target Price: 425.00
Stop loss: 397.00
Duration: 1 month
The Sherwin Willings Company long at weekly demand imbalanceThe Sherwin Willings Company #SHW long bias at weekly demand imbalance. New weekly demand zone created around 346 for long term positioning very strong bullish impulse. Previous weekly demand level around 335 played out nicely. There are several options to plan this long trade at weekly demand imbalance, buying the underlying stock and protection with a married put option, buying a long term call, etc.
6.14.2017 Trade Idea: SHWIf you are interested in more of our trades, check out our profile and Tradingview Indicator @ChaoticTrader
A good break! This is a good trade. Personally, I would have entered in on Friday 4/21/17. But, I think it still has potential to grow after the earnings report on Thursday.
Entry: 324.67
S/L: $305.00
SHW shortIts always hard to determine when the drop will be. But the risk reward here is def to the downside and over the course of the next few months should begin to show.
Sherwin Williams Head and ShouldersSherwin Williams might be setting up for a classic head and shoulders Price has already broken the $260 neckline. If it closes today (12/221/15) below the $260 it will likely be sign that the bears have won and this brief rally since October is finished. Look for support around previous support of $235-$230 area
Chivas's idea: SHW out of flat base Chivas likes the low volatility and flat shallow base of SHW for his weekly pick. SHW has good rel strength, has a nice trend going, but there are a few drawbacks as I see it:
1. Lacking vol on breakout
2. Red vol comes in Thursday, 4/16.
3. Not in a good group rank. 77/197
4. Acc/Dis is D+.
I see these as enough to rule this stock out.
PERFORMANCE WITHIN GROUP (SHW)
SHERWIN-WILLIAMS CO RANK WITHIN THE CHEMICALS-PAINTS GROUP (5 STOCKS)
Composite Rating 87 Rank within Group: 1st
100%
Best in Group
EPS Rating 88 Rank within Group: 2nd
80%
Relative Strength Rating 86 Rank within Group: 2nd
80%
SMR Rating A Rank within Group: 1st
100%
Best in Group
Acc/Dist. Rating D+ Rank within Group: 5th
1%
Composite - Group Leaders
SHW
SHERWIN-WILLIAMS CO (Added to My Stock Lists 04/15/15)
RPM
R P M INTERNATIONAL INC
PPG
P P G INDUSTRIES
VAL
VALSPAR CORP
AXTA
AXALTA COATING SYSTEMS
Composite Rating 87
GENERAL MARKET AND INDUSTRY GROUP (SHW)
General Market
Uptrend under pressure
Industry Group
Industry Group Rank (1 to 197) 77
FUNDAMENTAL PERFORMANCE (SHW)
Current Earnings
EPS Due Date 07/17/2015 est
EPS Rating 88
EPS % Chg (Last Qtr) 10%
Last 3 Qtrs Avg EPS Growth 22%
# Qtrs of EPS Acceleration 0
EPS Est % Chg (Current Qtr) 23%
Estimate Revisions
Last Quarter % Earnings Surprise -4.2%
Annual Earnings
3 Yr EPS Growth Rate 20%
Consecutive Yrs of Annual EPS Growth 4
EPS Est % Chg for Current Year 23%
Sales, Margin, ROE
SMR Rating A
Sales % Chg (Last Qtr) 4%
3 Yr Sales Growth Rate 8%
Annual Pre-Tax Margin 11.6%
Annual ROE 64.6%
Debt/Equity Ratio 113%
TECHNICAL PERFORMANCE (SHW)
Price And Volume
Price $282.30
RS Rating 86
% Off 52 Week High -3%
Price vs. 50-Day Moving Average -1%
50-Day Average Volume 648,600
Supply And Demand
Market Capitalization $26.9 B
Accumulation/Distribution Rating D+
Up/Down Volume 1
% Change In Funds Owning Stock 1%
Qtrs Of Increasing Fund Ownership 5
