Large Inflow of Money Detected in Sherwin-Williams Company (The)

Sherwin-Williams Company (The) (SHW) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $40.39 million worth of transactions were on upticks, whereas, the downticks accounted for $29.48 million worth of transactions. The net money flow was a positive $10.9 million and the uptick to downtick ratio was 1.37. The net money flow into the stock was $11.6 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $11.6 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Sherwin-Williams Company (The) (SHW) was trading at $295.81, down $0.93 during day. The stock slid -0.31% over the previous days close. For the week, the stock recorded -1.52% over the previous weeks close.


The Sherwin-Williams Company has lost 0.42% in the last five trading days and dropped 3.13% in the last 4 weeks. The Sherwin-Williams Company has dropped 0.17% during the last 3-month period . Year-to-Date the stock performance stands at 14.85%.

Sherwin-Williams Company (The) (NYSE:SHW): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $297.22 and $295.84 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $297.80. The buying momentum continued till the end and the stock did not give up its gains. It closed at $296.33, notching a gain of 0.18% for the day. The total traded volume was 339,823 . The stock had closed at $295.81 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Baxter Joel D., officer (Pres. & GM, Glob. Supply Chain) of Sherwin Williams Co, had unloaded 3,853 shares at an average price of $300.16 in a transaction dated on August 5, 2016. The total value of the transaction was worth $1,156,516.

The Sherwin-Williams Company is engaged in the development, manufacture, distribution and sale of paint, coatings and related products. The Companys segments include Paint Stores Group, Consumer Group, Global Finishes Group and Latin America Coatings Group. The Paint Stores Group markets and sells architectural paint and coatings, protective and marine products, original equipment manufacturer (OEM) product finishes and related items. The Consumer Group develops, manufactures and distributes a range of paint, coatings and related products to third party customers. The Global Finishes Group develops, licenses, manufactures, distributes and sells a range of protective and marine products, automotive finishes and refinished products, and OEM product finishes, among others. The Latin America Coatings Group develops, licenses, manufactures, distributes and sells a range of architectural paint and coatings, protective and marine products, and OEM product finishes, among others.

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