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Downtrend Broken Resist.Archive
- 10/9/2026 -
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Grainger (W.W.) Inc. (GWW) Technical Analysis
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| Summary:
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| | It was a second positive week after 3 consecutive negative weeks for the Grainger (W.W.) Inc. (GWW). During the week, the GWW climbed 9.49 points, or 0.74%, and closed at 1289.79 on Friday, October 9, 2026. Weekly volume was -27% below 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 924.22 and resistance is at 1484.02. 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 (1230.62) is broken. A broken support is considered to be a long-term bullish signal. 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 Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 1300.00 on October 2, 2026. GWW gained -63.71 points, or -5.15%, in 4 days. The price is now at the 16.03% retracement level.
 Daily Technical Indicators: [See GWW daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since September 30, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
The distance between the Bollinger Bands is falling, and it was 4% on Friday. It is 56.86% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
Price is close to the 50 Day Moving Average. 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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