January 12, 2019 - 8:30 AM EST
W.w. Grainger $GWW Technical Update
W.w. Grainger $GWW Technical Update

The W.w. Grainger (NYSE: GWW) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for GWW, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Review the Trading Plans:

Technical Summary

Term → Near Mid Long
Bias Strong Weak Neutral
P1 270.09 255.14 243.48
P2 279.04 285.56 306.33
P3 284.06 315.83 368.14

Long Term Trading Plans for GWW

January 12, 2019, 8:30 am ET

The Technical Summary and Trading Plans for GWW help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this GWW Report.

GWW - (Long) Support Plan

The technical summary data tells us to buy GWW near 243.48 with an upside target of 306.33. This data also tells us to set a stop loss @ 243.22 to protect against excessive loss in case the stock begins to move against the trade. 243.48 is the first level of support below 284.5 , and by rule, any test of support is a buy signal. In this case, support 243.48 would be being tested, so a buy signal would exist.

GWW - (Short) Resistance Plan

The technical summary data is suggesting a short of GWW as it gets near 306.33 with a downside target of 243.48. We should have a stop loss in place at 306.59 though. 306.33 is the first level of resistance above 284.5, and by rule, any test of resistance is a short signal. In this case, if resistance 306.33 is being tested, so a short signal would exist.

GWW Long Term Analysis

GWW EPS Analysis

GWW Dividend Chart

GWW Revenue chart

GWW Growth rate - Quarterly

GWW Growth rate - Yearly

GWW PE chart

GWW PEG chart

Source: Stock Traders Daily (January 12, 2019 - 8:30 AM EST)