BUY! SHERWIN-WILLIAMS CORP (SHW) NYSE

  Report No. 1495    Analysis by: Harry Aloof     APRIL 12, 2002

SHERWIN-WILLIAMS CORP (SHW-NYSE): Technical Viewpoint: From a low of $23.50 on Feb 6, 2002 prices rallied, reaching a high of $29.65 on Mar 19, 2002. A decline saw prices pull back, reaching a low of $27.25 on Mar 25, 2002. Another rally saw prices penetrate resistance, closing 4/11/02 at $30.78. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Mar 4, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $28.50. Resistance: Is at $32.88. Point & Figure: Reversed to the upside on Apr 9, 2002. A P&F upside reversal takes place at $29.50. Summary: Technical indicators have turned bullish. BUY! SHERWIN-WILLIAMS CORP (SHW-NYSE) @ $31.13 Stop: Use a protective stop of $28.88. SHERWIN-WILLIAMS CORP is currently trading @ $30.78 plus $1.18 on Apr 11, 2002. Price Objective: $40.00. Risk/Reward: $2.25 VS. $8.88. Today's Risk Reward Ratio: 4:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

View full size chart
Price Objective:
$40.00 Risk/Reward:
$2.25 VS. $8.88 Risk/Reward Ratio:
4:1
5 Most Recent Reports
  Posted on: Jul 29, 2021  Tesla Inc (TSLA-Nasdaq)
  Posted on: Jul 11, 2021  Peabody Energy (BTU-NYSE)
  Posted on: Jul 8, 2021  Modine Manufacturing (MOD-NYSE)
  Posted on: Jul 8, 2021  NCR Corp (NCR-NYSE)
  Posted on: Jun 24, 2021  Live Person (LPSN-Nasdaq)

View All Archives

Trailer
Website Design and Development by Webelancer.com