WW GRAINGER INC (GWW) Stock Technical Analysis
NYSE:GWW - US3848021040 - Common Stock
1013.45 USD
-8.41 (-0.82%)
1013.45 USD
0 (0%)
Overall GWW gets a technical rating of 0 out of 10. GWW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, GWW is a bad performer in the overall market: 73% of all stocks are doing better.
GWW is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry, of which 78% are performing better than GWW.
GWW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GWW is lagging the market.
In the last month GWW has a been trading in the 915.87 - 1062.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of GWW is bad and it also does not present a quality setup 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
910.72
1,143.74
We found 2 important support areas.
- Support @947.93 from a horizontal line in the weekly time frame.
- A support zone ranging from 919.92 to 932.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 1013.95 to 1021.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1037.80 to 1052.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1074.50 from a trend line in the daily time frame.
- A resistance zone ranging from 1101.67 to 1101.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1121.57 to 1132.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for GWW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GWW is neutral. |
| ChartMill Relative Strength | 27.24 | NEGATIVE | GWW has a low relative strength, it was outperformed by 72.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GWW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GWW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GWW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.52 | NEUTRAL | The RSI value for GWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 8.37 | POSITIVE | The MACD value suggests GWW has a positive trend. |
| Stochastics (14,3) | 90.26 | OVERBOUGHT | The high Stochastics value suggests GWW may be overbought. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for GWW suggests some volalility. |
| Average Directional Index/ADX (14) | 18.8 | NEGATIVE | The low ADX value for GWW suggests a weak or negative trend. |
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)
1013.45
-8.41 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.82%
1 Week3.61%
2 Weeks7.84%
1 Month-3.33%
3 Month-6.81%
6 Month-0.76%
12 Month2.9%
2 Year41.91%
3 Year82.62%
5 Year177.33%
10 Year353.57%
15 Year857.98%
Volatility
ATR(14)18.84
ATR(20)%2.32%
ATR Inc27.83%
Range Today14.51
ADR(20)19.1
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.24
Mansfield-1.18
10 Day High1025.3
10 Day Low939.71
20 Day High1062.33
20 Day Low915.87
52 Week High1227.66
52 Week Low893.99
CS1 End947.93
CR1 Start1013.95
Volume & EV
DER(3)-2.8%
DER(5)-2.34%
Volume273.00K
Volume Incr0.18%
Vol(5)330.58K
Vol(50)327.49K