WW GRAINGER INC (GWW) Stock Technical Analysis
NYSE:GWW - New York Stock Exchange, Inc. - US3848021040 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to GWW. GWW has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
In the last month GWW has a been trading in the 893.99 - 1013.49 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When compared to the yearly performance of all other stocks, GWW outperforms 58% of them, which is more or less in line with the market.
GWW is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry, GWW did better than 65% of them.
GWW is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is bad, GWW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1002.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 942.42, a Stop Loss order could be placed below this zone.
More info and screens
894.25
1,143.75
We found 2 important support areas.
- A support zone ranging from 919.92 to 942.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @903.28 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1002.70 to 1021.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1046.36 from a horizontal line in the daily time frame.
- Resistance @1132.43 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.53
Mansfield0.57
10 Day High1013.49
10 Day Low893.99
20 Day High1013.49
20 Day Low893.99
52 Week High1227.66
52 Week Low874.98
Performance
1 Week4.37%
2 Weeks3.01%
1 Month2.98%
3 Month-9.96%
6 Month-11.03%
12 Month6.37%
2 Year44.15%
3 Year100.53%
5 Year263.85%
10 Year303.61%
15 Year807.08%
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)6.01
RSI(14)55.15
LBB919.48
UBB1031.16
1002.69
+17.36 (+1.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg1.76%
1 Week4.37%
2 Weeks3.01%
1 Month2.98%
3 Month-9.96%
6 Month-11.03%
12 Month6.37%
2 Year44.15%
3 Year100.53%
5 Year263.85%
10 Year303.61%
15 Year807.08%
Volatility
ATR(14)36.72
ATR(20)%3.03%
ATR Inc-15.69%
Range Today26.01
ADR(20)28.48
ADR(20)%2.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.53
Mansfield0.57
10 Day High1013.49
10 Day Low893.99
20 Day High1013.49
20 Day Low893.99
52 Week High1227.66
52 Week Low874.98
CS1 End942.42
CR1 Start1002.7
Volume & EV
DER(3)-0.99%
DER(5)-1.11%
Volume412.20K
Volume Incr7.58%
Vol(5)302.48K
Vol(50)288.67K