| W.W. Grainger is a distributor of maintenance, repair and operating (MRO) products and services in North America, Japan and Europe. Co.'s MRO product offering is grouped under material-handling equipment, safety and security supplies, lighting and electrical products, power and hand tools, pumps and plumbing supplies, cleaning and maintenance supplies and metalworking tools categories. Co.'s segments are the United States, which provides MRO products and services through its eCommerce platform, catalogs, branches and sales and service representatives; and Canada, which serves Canadian customers through its distribution center and branch network as well as sales and service representatives. |
When researching a stock like W.W. Grainger, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from GWW Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for GWW stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the GWW 200 day moving average ("GWW 200 DMA"), while one of the most popular "shorter look-backs" is the GWW 50 day moving average ("GWW 50 DMA"). A chart showing both of these popular moving averages is shown on this page for W.W. Grainger. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the GWW 200 DMA and the GWW 50 DMA, we get a moving average convergence divergence indicator ("GWW MACD"). The GWW MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).