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WW Grainger Crosses Above its 10-day MA (GWW)

By David Diaz

WW Grainger (NYSE:GWW) shares have crossed bullishly above their 10-day moving average of $218.59 on a volume of 110K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, WW Grainger has traded in a range of $176.85 to $251.90 and is now at $219.38, 24% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

SmarTrend is tracking the current trend status for WW Grainger and will alert subscribers who have GWW in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses WW Grainger

Ticker(s): GWW