GWW Stock Forecast & W.W. Grainger Chart Analysis
This article provides a detailed analysis of GWW-W.W. Grainger stock including a forecast for GWW shares. It features W.W. Grainger, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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GWW Historical Data Review
GWW Current Price Performance Analysis
The W.W. Grainger - GWW stock traded on the American stock market, on 06-05-2024, closed at 890.27$ with a %0.36 increased compared to the previous day.
In the last month, the price of GWW changed by %-5.29 decreased in value, from 940.04 dollars on 05-06-2024 to 890.27 dollars, decreased.
Last year, the price of GWW was 685.81 dollars on 06-06-2023, and changed by %29.81 increased in value, to 890.27 dollars increased within a year.
The price of W.W. Grainger stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
GWW with AI Stock Forecast & Price Target
On the GWW chart W.W. Grainger price was recorded as 890.27 Dollars on 06/05/2024.
The artificial intelligence's forecast on GWW stock is as follows.
The artificial intelligence's prediction error margin for GWW stock is moderately high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for W.W. Grainger stock over the next 4 months is: 922.5 Dollars.
The commentary on GWW stock Target Price: Highest: 1002.511 Dollars is predicted.
The commentary on GWW stock Target Price: Lowest: 870.861 Dollars is predicted.
Resistance Price where W.W. Grainger stock will Rise and Fall:
Date | Price Prediction |
---|---|
07-30-2024 | 896.810 |
10-08-2024 | 914.902 |
12-12-2024 | 1000.469 |
02-10-2025 | 931.924 |
Support Price where W.W. Grainger stock will Fall and Rise:
Date | Price Prediction |
---|---|
06-25-2024 | 870.861 |
09-03-2024 | 872.529 |
10-28-2024 | 907.820 |
01-16-2025 | 924.179 |
02-25-2025 | 929.530 |
The commentary on GWW stock: The target price can generally be said to be on the rise.
The commentary on GWW stock: Fluctuations in the target price can be expected in the coming days.
The target price for W.W. Grainger stock by the end of 2024 is predicted to be 961.014 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on GWW stock, and the 2024 target price predictions for W.W. Grainger are detailed above.
The technical analysis and charts for the commentary on GWW stock are below.
GWW Support & Resistance and Trend Analysis
GWW stock you have reviewed the technical analysis support resistance charts regarding.
GWW : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the GWW review, the W.W. Grainger support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
W.W. Grainger Support and Resistance Prices:
GWW Support Level Price | GWW Resistance Level Price |
---|---|
772.13 | 815.52 |
800.97 | 841.00 |
804.30 | 967.33 |
897.96 | 971.68 |
917.75 | 978.95 |
926.61 | 980.05 |
954.67 | 1016.89 |
958.88 | 1026.47 |
1034.18 |
GWW Technical Analysis: SMA, RSI, MACD
Upon reviewing the GWW chart, buy and sell signals have been generated in the W.W. Grainger technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for GWW stock are as follows:- GWW technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for W.W. Grainger gave a 'Buy' signal when the RSI was at 29.057, with the current RSI value at 29.057.
- The technical analysis for W.W. Grainger indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for W.W. Grainger stock: Click here to read more predictions on Japan Tobacco stock.
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