What chart pattern is ChartPattern.io tracking on Sherwin-Williams?
ChartPattern.io is currently tracking Double Bottom on Sherwin-Williams in the Materials stock. Secondary context includes Falling Wedge and Rounding Bottom.
Live Materials stock scanner page for Sherwin-Williams. Review the double bottom setup, chart structure, and trade levels in one place.
Traders are watching Sherwin-Williams (SHW) as price action tightens. The stock is trading at $317.44, down 1.0% on the day. Price action has carved out a classic Double Bottom. Volume is average (1.1x avg) with high trend strength (63.9). A potential breakout level is identified at $371.3, targeting $427.18 with support near $343.36 (R:R 2.0).
SHW is part of the Materials stock on ChartPattern.io. The scanner currently highlights Double Bottom as the leading setup, with an entry near $371.30, a stop around $343.36, and a target near $427.18.
Double Bottom
59/100 CP Index
Entry $371.30 · Stop $343.36 · Target $427.18
See how the Double Bottom is playing out for SHW. View live chart.
Reversal pattern after a downtrend.
Reversal pattern. Price likely to break upwards.
Gradual reversal from bearish to bullish.
What is your outlook on SHW?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on SHW.
ChartPattern.io is currently tracking Double Bottom on Sherwin-Williams in the Materials stock. Secondary context includes Falling Wedge and Rounding Bottom.
The current trade plan points to an entry near $371.30, a stop near $343.36, and a target near $427.18.
Sherwin-Williams currently leans neutral. The page is showing a CP Index of 59/100, which helps summarize the current technical setup.