Sherwin-Williams Company (The) (SHW) has risen sharply, recording gains of 3.46% in the past 4 weeks. However, the stock has corrected -4.03% in the past 1 week, providing a good buying opportunity on dips. Sherwin-Williams Company (The) (SHW) : During the past 4 weeks, traders have been relatively bearish on Sherwin-Williams Company (The) (SHW), hence the stock is down -3.08% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.61% relative to the S&P 500.
Sherwin-Williams Company (The) (NYSE:SHW): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $291.54 and $291.54 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $295.38. The buying momentum continued till the end and the stock did not give up its gains. It closed at $293.58, notching a gain of 1.02% for the day. The total traded volume was 1,168,173 . The stock had closed at $290.63 on the previous day.
The stock has recorded a 20-day Moving Average of 1.73% and the 50-Day Moving Average is 0.3%. The Sherwin-Williams Company has dropped 1.56% during the last 3-month period . Year-to-Date the stock performance stands at 13.78%.
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.