Sherwin-Williams sell signals
This morning I detected technical sell signals in Sherwin - Williams (SHW).
Sherwin-Williams Co. (SHW) is a manufacturer, distributor and retailer of paint, coatings and related products. It is the one of largest paint companies in the United States and in the world. Well known brands include Sherwin- Williams, Dutch Boy, Pratt & Lambert, Martin-Senour, Thompson's, Minwax and Krylon.
1 - 100% Barchart short term technical sell signal
2 - Trend Spotter (tm) sell signal
3 - Below 20 and 50 day moving averages
4 - 7.78% off its recent high
5 - Relative strength Index 32.99% and dropping
Jim Van Meerten is an analyst for Marketocracy Capital Management. He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs onBarchart.com in his daily blog -- Barchart Portfolio Blogs.
Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High model portfolio.