WW GRAINGER INC (GWW)
US3848021040 - Common Stock
Taking everything into account, GWW scores 7 out of 10 in our technical rating. In the last year, GWW was one of the better performers, but we do observe some doubts in the very recent evolution.
GWW is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that GWW is one of the better performing stocks in the market, outperforming 85% of all stocks. On top of that, GWW also shows a nice and consistent pattern of rising prices.
GWW is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GWW is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
GWW is an average performer in the Trading Companies & Distributors industry, it outperforms 64% of 51 stocks in the same industry.
GWW has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
657.59
1,039.86
4 important support areas can be observed.
- A support zone ranging from 935.15 to 942.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @798.36 from a trend line in the weekly time frame.
- Support @732.91 from a trend line in the weekly time frame.
- Support @664.23 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 948.38 to 954.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1027.11 to 1029.56. 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
CRS85.49
Mansfield0.8
10 Day High980.05
10 Day Low920.85
20 Day High1026.47
20 Day Low920.85
52 Week High1034.18
52 Week Low641.95
Performance
1 Week1.1%
2 Weeks-1.91%
1 Month-7.09%
3 Month7.31%
6 Month34.11%
12 Month36.27%
2 Year89.56%
3 Year118.63%
5 Year236.11%
10 Year272.58%
15 Year1030%
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)-4.1
RSI(14)39.49
LBB916.03
UBB1012.65
WW GRAINGER INC
NYSE:GWW (4/25/2024, 8:53:09 PM)
After market: 947.84 0 (0%)947.84
-10.48 (-1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-1.09%
1 Week1.1%
2 Weeks-1.91%
1 Month-7.09%
3 Month7.31%
6 Month34.11%
12 Month36.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)20.92
ATR(20)%2.08%
ATR Inc
Range Today34.64
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 High980.05
10 Day Low920.85
20 Day High1026.47
20 Day Low920.85
52 Week High1034.18
52 Week Low641.95
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume419.00K
Volume Incr49.84%
Vol(5)293.60K
Vol(50)209.85K