NYSE:GWW • US3848021040
Overall GWW gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GWW is only an average performer.
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.
923.12
4 important support areas can be observed.
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GWW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GWW is neutral. |
| ChartMill Relative Strength | 74.82 | POSITIVE | GWW has a high relative strength, it outperformed 74.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GWW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GWW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GWW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.16 | NEUTRAL | The RSI value for GWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -7.24 | NEGATIVE | The MACD value suggests GWW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.48 | OVERSOLD | The low Stochastics value suggests GWW may be oversold. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for GWW suggests some volalility. |
| Average Directional Index/ADX (14) | 24.76 | NEUTRAL | The ADX value for GWW suggests a possible start of a new trend. |
1144.73
+39.21 (+3.55%)
ChartMill assigns a technical rating of 7 / 10 to GWW.
The current trend direction for WW GRAINGER INC (GWW) is Bullish.
WW GRAINGER INC (GWW) has an RSI value of 57.1561. This indicates that the stock is currently neutral.
The MACD indicator for WW GRAINGER INC (GWW) has a value of -7.23936, indicating a bearish trend.
The short term momentum for WW GRAINGER INC (GWW) is neutral.