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Archive
- 10/16/2026 -
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Grainger (W.W.) Inc. (GWW) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a third positive week after 3 consecutive negative weeks for the Grainger (W.W.) Inc. (GWW). During the week, the GWW gained 40.91 points, or 3.17%, and closed at 1330.70 on Friday, October 16, 2026. It was the best weekly gain since August 14, 2026. Weekly volume was 8% above average.
 Long-term trend: [See GWW long-term trend chart]
A long-term uptrend had started on April 7, 2025 at 894.00 and reached 1419.91 on July 17, 2026. GWW gained -525.91 points, or -58.83%, in 66 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 924.62 and resistance is at 1489.46. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See GWW medium-term trend chart]
A medium-term downtrend had started on July 17, 2026 at 1419.91 and reached 1236.29 on September 28, 2026. GWW lost 183.62 points, or 12.93%, in 10 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (1227.47) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. GWW may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See GWW weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is below its signal line since August 7, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See GWW short-term trend chart]
A short-term uptrend had started on September 28, 2026 at 1236.29 and reached 1355.00 on October 15, 2026. GWW gained -118.71 points, or -9.60%, in 17 days. The price is now at the 20.47% retracement level.
 Daily Technical Indicators: [See GWW daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Williams' Percentage Range help.
The daily MACD line is above its signal line since September 30, 2026. This is an indication that the short-term trend is up.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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