Sherwin-Williams(SHW)

Sherwin-Williams (SHW) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for SHW · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$319.91last close · Jul 22, 202652-week range $289.86 – $379.65 · 15.74% below the high

SHW Falling Wedge Pattern

SHW is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $344.69 (+13.8%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; SHW's own falling wedges have hit 45.5%.

DirectionBullishTarget$344.69Projected move+13.8%Breakout level$302.48

New to this pattern? What a falling wedge is and how to trade it →

SHW's Most Recent Falling Wedge Trade

SHW's most recent completed falling wedge resolved as a win: it broke higher on Jun 9, 2026 near $303.95, then reached its target at $330.57 on Jul 8, 2026 — a 8.8% move (+1.89R) over 19 sessions. Across 170 backtested falling wedges, this setup wins 52.4% of the time.

OutcomeWinResult+8.8%R+1.89REntry$303.95Exit$330.57

Learn about falling wedge

How Falling Wedges Have Performed

Win rate

56.4%

Avg return

+0.52R

Backtested trades

10,683

SHW win rate

45.5%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

SHW Pattern Trade History

Every completed pattern trade our nightly backtest found on SHW's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Falling Wedge	Jun 9, 2026 @ $303.95	Jul 8, 2026 @ $330.57	Win	+13.8% · +1.89R
Rising Wedge	Feb 20, 2026 @ $358.26	Mar 5, 2026 @ $336.07	Win	+8.4% · +1.14R
Falling Wedge	Jan 5, 2026 @ $329.80	Jan 20, 2026 @ $346.96	Win	+7.2% · +1.95R
Falling Wedge	Aug 6, 2025 @ $353.08	Nov 17, 2025 @ $326.81	Loss	+8.8% · -1.03R
Triangle	Apr 28, 2025 @ $334.57	May 14, 2025 @ $351.37	Win	+10.4% · +1.11R
Triangle	Mar 12, 2025 @ $349.50	Apr 7, 2025 @ $319.08	Win	+9.7% · +1.95R
Bullish Pennant	Jan 30, 2024 @ $309.15	Mar 13, 2024 @ $336.81	Win	+7.6% · +1.61R
Bullish Pennant	Jul 25, 2023 @ $275.11	Sep 15, 2023 @ $261.63	Loss	+7.3% · -1.01R
Falling Wedge	Mar 23, 2023 @ $210.79	Mar 31, 2023 @ $224.77	Loss	+6.8% · -1.18R
Rising Wedge	Dec 13, 2022 @ $255.96	Jan 5, 2023 @ $227.35	Win	+15.8% · +2.96R
Rising Wedge	Dec 6, 2022 @ $253.46	Jan 26, 2023 @ $225.32	Win	+15.7% · +4.52R
Falling Wedge	Oct 17, 2022 @ $208.33	Nov 29, 2022 @ $241.57	Win	+11.0% · +2.54R

Falling Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

ALNYAlnylam Pharmaceuticals

Winning trade · +18.8%

Opened Feb 6, 2026

Closed Jul 22, 2026

Open ALNY’s live chart →

Open BA’s live chart →

BDXBecton Dickinson

Winning trade · +2.8%

Opened Jun 25, 2026

Closed Jul 21, 2026

Open BDX’s live chart →

HIIHuntington Ingalls Industries

Winning trade · +13.1%

Opened Jun 1, 2026

Closed Jul 21, 2026

Open HII’s live chart →

Learn about falling wedge

SHW Support and Resistance Levels

Price is being turned away at a ceiling near $344.65 and starting to slide. On the weekly chart, the next floor below sits near $276.90 — about 13% away.

Traders commonly watch $276.90 as a target (its 61.8% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $344.65 ceiling about a week ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

SHW Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$321.05	$322.79	$318.32	$319.91
Jul 21, 2026	$324.35	$324.35	$317.50	$318.46
Jul 20, 2026	$331.67	$333.34	$323.22	$323.60
Jul 17, 2026	$336.41	$343.69	$330.37	$331.32
Jul 16, 2026	$331.29	$339.23	$330.98	$338.14
Jul 15, 2026	$329.99	$335.51	$328.60	$332.29
Jul 14, 2026	$333.12	$334.90	$327.38	$328.50
Jul 13, 2026	$332.19	$335.35	$327.53	$328.97
Jul 10, 2026	$333.98	$337.20	$332.14	$333.99
Jul 9, 2026	$333.68	$333.95	$329.50	$332.03

SHW Frequently Asked Questions

What chart pattern is SHW forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Sherwin-Williams (SHW) on the daily chart, with a measured-move target of $344.69.

Is a falling wedge bullish or bearish?

The falling wedge detected on SHW is a bullish pattern, projecting a measured-move target of $344.69. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a falling wedge pattern, and what is its win rate?

Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.

What is the price target if SHW's pattern breaks out?

The detected falling wedge has a geometry-based measured-move target of $344.69 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was SHW's closing price on Jul 22, 2026?

Sherwin-Williams (SHW) last closed at $319.91 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.