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Watch for Ww Grainger Inc to Potentially Pullback After Gaining 2.31% Yesterday

By Nick Russo

Ww Grainger Inc (NYSE:GWW) traded in a range yesterday that spanned from a low of $265.44 to a high of $269.65. Yesterday, the shares gained 2.3%, which took the trading range above the 3-day high of $266.13 on volume of 244,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Ww Grainger Inc share prices have moved between a 52-week high of $372.06 and a 52-week low of $258.71 and are now trading 4% above that low price at $269.65 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.1% while the 200-day MA has slid 0.5%.

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

Keywords: rebounders ww grainger inc

Ticker(s): GWW