W.W. GRAINGER INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	GWW
ISIN:

W.W. GRAINGER INC. - 1H - Technical analysis published on 01/06/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

44%

17%

39%

My opinion

Bearish under 1,065.50 USD

My targets

1,045.34 USD (-0.77%)

1,023.43 USD (-2.85%)

My analysis

The bearish basic trend is very strong on W.W. GRAINGER INC. but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 1,065.50 USD. Crossing the first support at 1,045.34 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 1,023.43 USD as an objective. Crossing it would then enable sellers to target 984.38 USD. Caution, a return to above the resistance located at 1,065.50 USD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

4.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

W.W. GRAINGER INC. rating 1,053.48 USD. On the day, this instrument lost -0.05% with the lowest point at 1,050.19 USD and the highest point at 1,064.74 USD. The deviation from the price is +0.31% for the low point and -1.06% for the high point.

1,050.19

1,064.74

1,053.48

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of W.W. GRAINGER INC. in 1H shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Near horizontal support

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	984.38	1,023.43	1,045.34	1,053.48	1,065.50	1,080.75	1,125.06
Change (%)	-6.56%	-2.85%	-0.77%	-	+1.14%	+2.59%	+6.79%
Change	-69.10	-30.05	-8.14	-	+12.02	+27.27	+71.58
Level	Intermediate	Major	Intermediate	-	Major	Intermediate	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,020.85	1,029.25	1,041.62	1,050.02	1,062.39	1,070.79	1,083.16
Camarilla	1,048.28	1,050.18	1,052.09	1,053.99	1,055.89	1,057.80	1,059.70
Woodie	1,022.84	1,030.24	1,043.61	1,051.01	1,064.38	1,071.78	1,085.15
Fibonacci	1,029.25	1,037.18	1,042.09	1,050.02	1,057.95	1,062.86	1,070.79

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,010.90	1,024.28	1,039.13	1,052.51	1,067.36	1,080.74	1,095.59
Camarilla	1,046.23	1,048.82	1,051.40	1,053.99	1,056.58	1,059.17	1,061.75
Woodie	1,011.65	1,024.65	1,039.88	1,052.88	1,068.11	1,081.11	1,096.34
Fibonacci	1,024.28	1,035.06	1,041.72	1,052.51	1,063.29	1,069.95	1,080.74

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	834.20	939.77	996.91	1,102.48	1,159.62	1,265.19	1,322.33
Camarilla	1,009.31	1,024.22	1,039.14	1,054.05	1,068.97	1,083.88	1,098.80
Woodie	809.99	927.66	972.70	1,090.37	1,135.41	1,253.08	1,298.12
Fibonacci	939.77	1,001.93	1,040.33	1,102.48	1,164.64	1,203.04	1,265.19

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	47.70
MACD (12,26,9):	-1.4500
Directional Movement:	6.15
AROON (14):	57.14
DEMA (21):	1,050.01
Parabolic SAR (0,02-0,02-0,2):	1,047.89
Elder Ray (13):	-0.71
Super Trend (3,10):	1,041.33
Zig ZAG (10):	1,052.10
VORTEX (21):	0.9600
Stochastique (14,3,5):	58.68
TEMA (21):	1,054.37
Williams %R (14):	-46.66
Chande Momentum Oscillator (20):	9.69
Repulse (5,40,3):	-0.2300
ROCnROLL:	2
TRIX (15,9):	-0.0400
Courbe Coppock:	1.64

MA7:	1,058.94
MA20:	1,103.15
MA50:	1,141.15
MA100:	1,078.16
MAexp7:	1,054.10
MAexp20:	1,053.58
MAexp50:	1,063.56
MAexp100:	1,085.73
Price / MA7:	-0.52%
Price / MA20:	-4.50%
Price / MA50:	-7.68%
Price / MA100:	-2.29%
Price / MAexp7:	-0.06%
Price / MAexp20:	-0.01%
Price / MAexp50:	-0.95%
Price / MAexp100:	-2.97%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on W.W. GRAINGER INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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