Sherwin-Williams's most recent trend suggests a bullish bias. One trading opportunity on Sherwin-Williams is a Bull Put Spread using a strike $253.33 short put and a strike $246.67 long put offers a potential 8.12% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $253.33 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $6.16 would be incurred if the stock dropped below the $246.67 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Sherwin-Williams is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Sherwin-Williams is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Sherwin-Williams
The Sherwin-Williams Company (NYSE:SHW) Shares Could Be 33% Above Their Intrinsic Value Estimate
Thu, 08 Apr 2021 09:25:26 +0000
How far off is The Sherwin-Williams Company ( NYSE:SHW ) from its intrinsic value? Using the most recent financial…
3 Surefire Value Stocks to Buy While Tech Stocks Crash
Tue, 06 Apr 2021 11:31:00 +0000
Tech stocks dominated 2020 as the S&P 500's best-performing sector. “Prove it” mentality is having the opposite effect on value stocks whose underperformance and fundamentals are looking increasingly attractive in an infrastructure bill and stimulus-induced environment. Clorox (NYSE: CLX), Kinder Morgan (NYSE: KMI), and Sherwin-Williams (NYSE: SHW) all performed well in 2020 and are positioned to deliver consistent results for years to come.
3 Special Chemical Stocks Trading at an All-Time High
Mon, 29 Mar 2021 10:45:22 +0000
These three specialty chemical stocks are trading at record highs. Here’s how to trade the momentum.
Sherwin-Williams to Announce First Quarter 2021 Financial Results on April 27, 2021
Thu, 25 Mar 2021 12:00:00 +0000
The Sherwin-Williams Company (NYSE: SHW) will issue a press release announcing its financial results for the first quarter ended March 31, 2021 prior to the opening of the market on Tuesday, April 27, 2021. At that time, a copy of the press release and information regarding Sherwin-Williams' financial condition, operating segment results and other information will be available by clicking on this link Sherwin-Williams Press Releases, then clicking on the reference to the April 27 release.
Is Sherwin-Williams (SHW) Stock A Buy or Sell?
Mon, 22 Mar 2021 20:37:50 +0000
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]
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