SHW Forecast


Bullish Case: SHW's strong financial performance, recent dividend declaration, and strategic growth in new markets suggest robust upward potential. The bullish risk skew reflects investor confidence despite market volatility.


Bearish Case: Despite financial strengths, a persistently weak housing market, environmental concerns, and recent significant price drops can lead to further negative corrections.


Potential Outcomes:

1. Continued upward trend due to strong performance and market expansion (45%).

2. Downward pressure from housing market weaknesses and environmental issues (35%).

3. High fluctuations due to uncertain market conditions (20%).


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April 19, 2024


Sherwin-Williams Forecast

SHW        Sherwin-Williams
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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Uncorrelated Stock Forecasts

Assets with little price relationship to SHW



AU Forecast + Options Trading Strategies   AU  AngloGold Ashanti Ltd (0.0)


BMRN Forecast + Options Trading Strategies   BMRN  Registered Shares (0.0)


LNG Forecast + Options Trading Strategies   LNG  Cheniere Energy (0.0)


OTEX Forecast + Options Trading Strategies   OTEX  Open Text (0.0)


VRNT Forecast + Options Trading Strategies   VRNT  Verint Systems (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SHW



TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.93)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (-0.94)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.97)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.97)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.97)





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