Maximize Returns with AI-Powered SHW Trading Strategies


SHW Forecast + Trading Strategies



Price Forecast:




80% Confidence

Bearish   <->   Bullish



Bullish Case: Sherwin-Williams is positioned for growth as it expands product lines and leverages positive market sentiment amid a recovering housing market. Strong Q4 projections back the bullish outlook with high call volumes.



Bearish Case: Rising input costs, ongoing housing market weakness, and potential logistics issues pose risks, potentially driving shares downward. Elevated implied volatility indicates market fears of significant corrections.



Potential Outcomes:
  • 1. Continued market recovery bolsters SHW growth (60%).
  • 2. Ongoing housing market challenges weaken demand, impacting stock price (25%).
  • 3. Major operational disruptions lead to sharp price declines (15%).



Trading Oracle: Given current conditions, consider initiating a bullish debit spread by buying SHW 01/17/2025 370.00 C and selling the 380.00 C. This strategy anticipates continued growth with volatility edge, targeting a high reward:risk ratio. The approach allows capitalizing on potential upward momentum while managing downside risk effectively.


December 13, 2024


Sherwin-Williams Forecast

SHW        Sherwin-Williams

4 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

9 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

20 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

36 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

49 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts











Correlated Assets

Assets that tend to move strongly with SHW


TPG Forecast + Options Trading Strategies   TPG  TPG (0.94)


ITB Forecast + Options Trading Strategies   ITB  BTC iShares U.S. Home Construction (0.93)


CBRE Forecast + Options Trading Strategies   CBRE  CBRE (0.91)


NAIL Forecast + Options Trading Strategies   NAIL  Direxion Daily Homebuilders & Supplies Bull 3X Shares (0.91)


FFIV Forecast + Options Trading Strategies   FFIV  F5 Networks (0.9)



Uncorrelated Assets

Assets with little price relationship to SHW


TMF Forecast + Options Trading Strategies   TMF  Direxion Daily 20+ Year Treasury Bull 3X Shares (-0.0)


GTLB Forecast + Options Trading Strategies   GTLB  Gitlab (-0.0)


CZR Forecast + Options Trading Strategies   CZR  Caesars Entertainment (-0.0)


RRR Forecast + Options Trading Strategies   RRR  Red Rock Resorts (0.01)


CRESY Forecast + Options Trading Strategies   CRESY  Cresud (0.02)



Anticorrelated Assets

Assets that tend to move strongly against SHW


RILY Forecast + Options Trading Strategies   RILY  B. Riley Financial (-0.75)


NAT Forecast + Options Trading Strategies   NAT  Nordic American Tankers (-0.76)


LABD Forecast + Options Trading Strategies   LABD  Direxion Daily S&P Biotech Bear 3X Shares (-0.78)


FLNG Forecast + Options Trading Strategies   FLNG  Flex Lng (-0.79)


BIIB Forecast + Options Trading Strategies   BIIB  Biogen (-0.8)







Become a more profitable investor with AI optimized trading strategies





×

Chat with SHW


 Ask any question about SHW!