WW GRAINGER INC (GWW)
US3848021040 - Common Stock
We assign a technical rating of 10 out of 10 to GWW. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GWW is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that GWW is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by GWW over the past year are nicely spread over this period.
GWW is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 80% of 51 stocks in the same industry.
GWW is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GWW has a been trading in the 1091.19 - 1227.66 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, GWW also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1206.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1192.90, a Stop Loss order could be placed below this zone.
More info and screens
884.80
1,233.15
3 important support areas can be observed.
- A support zone ranging from 1153.21 to 1192.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1006.55 from a trend line in the weekly time frame.
- Support @893.74 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1206.66 to 1220.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.91
Mansfield1.12
10 Day High1227.66
10 Day Low1159.57
20 Day High1227.66
20 Day Low1091.19
52 Week High1227.66
52 Week Low772.13
Performance
1 Week2.4%
2 Weeks0.36%
1 Month10.61%
3 Month22.85%
6 Month24.86%
12 Month48.55%
2 Year100.09%
3 Year150.65%
5 Year280.71%
10 Year391.15%
15 Year1135.06%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.78
RSI(14)68.08
LBB1140.65
UBB1233.3
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1,220.95 | 1,159.56 | 61.39 (5.03%) | 19.89% |
| An entry @1220.95. This is a Buy Stop order right above the resistance zone. | An exit @1159.56. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 61.39 points, which is 5.03%. | For a 1.00% total portfolio risk, you can invest 19.89% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
WW GRAINGER INC
NYSE:GWW (11/22/2024, 8:04:00 PM)
After market: 1206.65 0 (0%)1206.65
+12.24 (+1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg1.02%
1 Week2.4%
2 Weeks0.36%
1 Month10.61%
3 Month22.85%
6 Month24.86%
12 Month48.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)25.27
ATR(20)%1.94%
ATR Inc
Range Today12.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1227.66
10 Day Low1159.57
20 Day High1227.66
20 Day Low1091.19
52 Week High1227.66
52 Week Low772.13
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume206.70K
Volume Incr-29.13%
Vol(5)167.48K
Vol(50)213.42K