SHW technical analysis

SHW Technical Analysis

Analysis date

August 5, 2026

Market

NYSE (USD)

Daily cutoff

August 4, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

SHW Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
SHW
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
August 4, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series361.57August 4, 2026-Verified
Verification series361.57August 4, 20260.00%Verified

Bottom line

SHW Technical Analysis Summary

SHW technical analysis at the August 4, 2026 cutoff shows a constructive daily picture and a recovering weekly picture. The 361.57 daily close is above SMA20 (333.64), SMA50 (325.24), and SMA200 (331.75), and the completed weekly close of 340.85 is above all three weekly averages as well. Daily RSI14 at 64.44 is strong but below the 70 overbought threshold, and the daily MACD histogram is positive and expanding at 2.97. The stock sits at about 82% of its 52-week range after reclaiming ground from mid-July lows. Near-term resistance is the 364.49 daily high, with the 376.95 52-week high beyond it. Support is the daily SMA20 at 333.64, then the SMA50 at 325.24 and the 301.10 20-day low. Volume on the latest daily gain was below the 20-session average, so confirmation on higher participation would strengthen the setup. A close above 364.49 would open the path toward 376.95, while a close back below 333.64 would signal a failed breakout.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 4, 2026)

Trend
Constructive with mixed alignment. The August 4 close at 361.57 is above SMA20 (333.64), SMA50 (325.24), and SMA200 (331.75), reclaiming every major average after a pullback. The averages are not in clean bullish order because SMA200 sits between SMA20 and SMA50, but price action has turned decisively upward.
Momentum
Bullish. RSI14 at 64.44 is below the 70 overbought threshold and pointing higher. MACD is 6.24 versus a 3.27 signal, with a positive 2.97 histogram that is expanding, indicating strengthening bullish momentum.
Volatility
Moderate. ATR14 is 10.90, or 3.01% of price. Bollinger Bands span 307.74 to 359.53, and the close at 361.57 is above the upper band, reflecting a short-term extension after the move up from lower levels.
Volume
Below average. August 4 volume was 1,803,248 shares, or 86.5% of the 20-session average of 2,084,437. The rally came on lighter-than-average participation, so follow-through on higher volume would be more convincing.

Assessment

The daily timeframe has turned constructive. Price is above SMA20, SMA50, and SMA200, RSI is strong but not overbought, and the MACD histogram is positive and expanding. The close above the upper Bollinger Band shows short-term extension, so some consolidation is possible. Volume was below the 20-session average, making confirmation on higher participation the key follow-up. A close above the 364.49 high would open the path toward the 52-week high at 376.95, while a close back below SMA20 at 333.64 would signal a failed breakout.

Weekly (July 27, 2026 week)

Trend
Recovering. The completed July 27 week closed at 340.85, above SMA20 (323.01), SMA50 (335.17), and SMA200 (305.03). The averages are not in clean bullish order, with SMA50 above SMA20, but price has climbed back above all three averages and the SMA200 continues to slope upward.
Momentum
Improving. RSI14 at 53.92 is back above the neutral 50 level. MACD is -0.49 versus a -2.95 signal, with a positive 2.47 histogram that has been rising, indicating that weekly downside momentum is fading and a bullish crossover is developing.
Volatility
Moderate. ATR14 is 21.96, or 6.44% of the weekly close. Bollinger Bands span 292.25 to 353.78, with price in the upper half of the band range.
Volume
Above average. The July 27 week volume was 13,762,800 shares, or 1.32x the 20-week average of 10,409,530, showing increased participation during the weekly advance.

Assessment

The weekly timeframe shows a recovering picture. Price is back above all three major averages after reclaiming the SMA50 at 335.17, and the positive and rising MACD histogram confirms fading downside momentum. The gain came on above-average volume. Weekly RSI at 53.92 is neutral, leaving room for further upside without being overbought. The main hurdles ahead are the 357.27 20-week high and then the 376.95 52-week high, while the 289.86 60-week low marks the downside reference.

Key indicators

SHW Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)64.4453.92
MACD (12, 26, 9)6.24 / 3.27 / 2.97-0.49 / -2.95 / 2.47
ATR (14)10.90 (3.01%)21.96 (6.44%)
Bollinger Bands (20, 2)307.74 to 359.53292.25 to 353.78
SMA (20)333.64323.01
SMA (50)325.24335.17
SMA (200)331.75305.03

Price structure

SHW Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price361.57340.85
1-Period Return+2.08%+7.35%
5-Period Return+2.06%-0.94%
20-Period Return+5.64%+6.87%
60-Period Return+13.21%-3.76%
252-Period Return+6.27%+24.84%
52-Week Low289.86289.86
52-Week High376.95376.95
52-Week Position82.34%58.55%

Key levels

SHW Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High364.49357.27
20-Period Low301.10289.86
60-Period High364.49376.95
60-Period Low289.86289.86

Scenarios

SHW Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price closes above the 364.49 daily high with volume above the 20-session average, opening the path toward the 376.95 52-week high.

Invalidation

Price closes back below the SMA20 at 333.64.

What to watch

Daily MACD histogram holding positive while RSI does not show divergence; a weekly close above the 357.27 20-week high.

Range-Bound

Trigger

Price holds above the SMA20 at 333.64 while staying below the 364.49 high and the 376.95 52-week high.

Invalidation

A decisive break of either boundary with above-average volume.

What to watch

RSI drifting between 40 and 65 and volume normalizing near the 20-session average.

Bearish

Trigger

Price closes below the SMA20 at 333.64, then breaks the SMA50 at 325.24 toward the 301.10 20-day low.

Invalidation

Price reclaims 333.64 and holds above the SMA20.

What to watch

A rolling daily MACD histogram and a weekly close below the 323.01 SMA20.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 4, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 4, 2026, weekly July 27, 2026 week. Generated August 5, 2026.