Sherwin-Williams stock had its Relative Strength (RS) Rating upgraded from 70 to 82 Wednesday.
IBD's proprietary rating tracks price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an 80 or better RS Rating as they launch their biggest climbs.
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Is Sherwin-Williams Stock A Buy?
Sherwin-Williams stock is working on a cup without handle with a 348.37 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Earnings grew 12% last quarter, up from 6% in the prior report. Revenue also increased, from -1% to 0%.
Sherwin-Williams stock earns the No. 1 rank among its peers in the Chemicals-Paints industry group. Axalta Coating Systems and RPM International are also among the group's highest-rated stocks.
