GWW rises to highest close since Inception
Moving higher for the 3rd day in a row, GWW ended Thursday at 306.80 edging higher $0.43 (0.14%). Today's closing price of 306.80 marks the highest close since Inception. Closing within the previous day's range, prices failed to decisively move beyond the prior day's trading range in a lackluster session.
Thursday's trading range was $4.65 (1.53%), that's below last trading month's daily average range of $7.92. Things look different on a weekly scale, where volatility is slightly below the markets average with the monthly volatility being slightly below average.
Prices are trading close to a key support level at 302.81. Prices are trading close to the key resistance level at 309.80.
The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.
With prices trading close to this year's high at 309.80, upside momentum might speed up should the share be able to break out to new highs for the year.
While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being very bullish.
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|Close to R1 Resistance||TQ Pro Members Only|
|Close to S1 Support||TQ Pro Members Only|
|3 Consecutive Higher Closes||TQ Pro Members Only|
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