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Sherwin-Williams - SHW - Barchart Chart Of The Day

|Includes:The Sherwin-Williams Company (SHW)

Barchart.coms Chart of the Day - Sherwin-Williams (NYSE:SHW)

Barchart Research Team - BC - Tue Nov 20, 8:34PM CST

The "Chart of the Day" is Sherwin-Williams (SHW), which showed up on Tuesday's Barchart "All-Time High" list. Sherwin-Williams on Tuesday posted a new all-time high of $158.64 and closed +0.61%. TrendSpotter just turned long again on Monday at $157.01. Sherwin-Williams was last featured by "Chart of the Day" as of the close of $126.31 on May 25, 2012. In recent news on the stock, CLSA upgraded Sherwin-Williams to Outperform from Underperform and raised its target to $170 from $145 due to the acquisition of Consorcio Comex, which will give Sherwin-Williams access to under-represented areas of California and the Pacific Northwest. Sherwin-Williams on Oct 25 reported Q3 EPS at $2.24, above the consensus of $2.20. Sherwin-Williams, with a market cap of $15 billion, sells paint, coatings and related products. It is the one of largest paint companies in the United States and in the world with brands including Sherwin-Williams, Dutch Boy, Pratt & Lambert, Martin-Senour, Thompson's, Minwax, and Krylon.

(click to enlarge)Click to enlarge

How we found the Chart of the Day:

We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.

The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

  • TrendSpotter: Buy
  • Short-Term Indicators: 60% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 88% Buy

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Stocks: SHW