• Return to Headlines

After Yesterday's Rally of 1.38% Shares Could Potentially Pullback

By James Quinn

Sherwin-Williams (NYSE:SHW) traded in a range yesterday that spanned from a low of $545.30 to a high of $553.94. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $552.41 on volume of 128,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, Sherwin-Williams share prices have been bracketed by a low of $410.35 and a high of $599.95 and are now at $547.39, 33% above that low price. The 200-day and 50-day moving averages have moved 0.27% higher and 0.51% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Sherwin-Williams and will alert subscribers who have SHW in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders sherwin-williams

Ticker(s): SHW