Large Inflow of Money Detected in Sherwin-Williams Company (The)

Sherwin-Williams Company (The) (SHW) : Thursdays money flow data in Sherwin-Williams Company (The) (SHW) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $39.93 million, whereas, $34.89 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.14, in favor of the bulls. The total money flow into the stock was $5.04 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $7.49 million. The total value of block trades done on upticks was $7.49 million. Sherwin-Williams Company (The) (SHW) fell $0.64 and traded at $306.25, down -0.21% for the day, over previous days close. On a weekly basis, the shares are -0.09% over the previous weeks close.

Sherwin-Williams

The stock has recorded a 20-day Moving Average of 4.16% and the 50-Day Moving Average is 4.65%. Shares have rallied 8.90% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $309.19 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $292.38 and the 200 Day Moving Average price is recorded at $278.23.

Sherwin-Williams Company (The) (NYSE:SHW): The stock opened at $308.55 on Thursday but the bulls could not build on the opening and the stock topped out at $308.55 for the day. The stock traded down to $305.31 during the day, due to lack of any buying support eventually closed down at $306.25 with a loss of -0.21% for the day. The stock had closed at $306.89 on the previous day. The total traded volume was 452,971 shares.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (President, Global Finishes Grp) of Sherwin Williams Co, Sewell David B had sold 4,598 shares worth of $1,367,399 in a transaction dated May 16, 2016. In this transaction, 4,598 shares were sold at $297.39 per share.

The Sherwin-Williams Company is engaged in the development, manufacture, distribution and sale of paint, coatings and related products. The Companys segments include Paint Stores Group, Consumer Group, Global Finishes Group and Latin America Coatings Group. The Paint Stores Group markets and sells architectural paint and coatings, protective and marine products, original equipment manufacturer (OEM) product finishes and related items. The Consumer Group develops, manufactures and distributes a range of paint, coatings and related products to third party customers. The Global Finishes Group develops, licenses, manufactures, distributes and sells a range of protective and marine products, automotive finishes and refinished products, and OEM product finishes, among others. The Latin America Coatings Group develops, licenses, manufactures, distributes and sells a range of architectural paint and coatings, protective and marine products, and OEM product finishes, among others.

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