Grainger (GWW) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for GWW · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$1,300.45last close · Aug 4, 202652-week range $906.52 – $1,419.91 · 8.41% below the high

GWW Rising Wedge Pattern

GWW is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $1,264.85 (−11.5%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; GWW's own rising wedges have hit 60.9%.

DirectionBearishTarget$1,264.85Projected move−11.5%Breakout level$1,397.23

New to this pattern? What a rising wedge is and how to trade it →

GWW's Most Recent Rising Wedge Trade

GWW's most recent completed rising wedge resolved as a win: it broke down on Jul 20, 2026 near $1,390.55, then reached its target at $1,264.85 on Aug 4, 2026 — a +4.28R move (9.0%) over 11 sessions. Across 157 backtested rising wedges, this setup wins 52.2% of the time.

OutcomeWinResult+4.28REntry$1,390.55Exit$1,264.85

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
GWW win rate
60.9%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

GWW Pattern Trade History

Every completed pattern trade our nightly backtest found on GWW's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeJul 20, 2026 @ $1,390.55Aug 4, 2026 @ $1,264.85Win+4.28R
Rising WedgeJan 29, 2026 @ $1,077.25Feb 12, 2026 @ $1,116.60Win+0.49R
Falling WedgeDec 1, 2025 @ $951.58Dec 26, 2025 @ $1,024.28Win+1.61R
TriangleSep 18, 2025 @ $992.85Dec 11, 2025 @ $1,032.39Loss-1.58R
TriangleAug 1, 2025 @ $936.18Nov 18, 2025 @ $916.30Win+0.16R
TriangleJun 12, 2025 @ $1,070.52Jun 26, 2025 @ $1,021.35Win+1.67R
Rising WedgeJun 2, 2025 @ $1,079.60Jun 26, 2025 @ $1,017.55Win+2.58R
TriangleSep 11, 2024 @ $980.02Oct 3, 2024 @ $1,029.15Win+0.93R
TriangleAug 29, 2024 @ $965.31Sep 11, 2024 @ $988.64Loss-1.08R
TriangleAug 21, 2024 @ $968.57Sep 5, 2024 @ $938.48Loss-1.05R
TriangleAug 13, 2024 @ $955.14Aug 23, 2024 @ $982.23Loss-1.02R
Falling WedgeOct 2, 2023 @ $700.20Oct 18, 2023 @ $711.86Win+0.54R

GWW Support and Resistance Levels

Price is bouncing off a floor near $1,272.18 and starting to climb. On the weekly chart, the next ceiling overhead sits near $1,561.33 — about 20% away.

  • Traders commonly watch $1,561.33 as a target (its 200% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $1,272.18 floor, where price is testing it now, not out here in the climb. Chasing once price pulls away tends to be worse odds.

Nearest auto-detected support sits near $1,272.18, resistance near $1,422.48. These are chart/swing-derived levels, not formula pivots.

Resistance
$1,422.48$1,829.40
Support
$1,272.18$1,225.49$1,034.51

GWW Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$1,280.59$1,311.21$1,260.22$1,300.45
Aug 3, 2026$1,378.48$1,388.38$1,333.05$1,371.25
Jul 31, 2026$1,356.97$1,391.40$1,342.92$1,382.22
Jul 30, 2026$1,371.51$1,373.63$1,340.66$1,355.49
Jul 29, 2026$1,389.14$1,392.27$1,354.67$1,358.92
Jul 28, 2026$1,412.40$1,418.20$1,385.18$1,398.90
Jul 27, 2026$1,377.89$1,398.97$1,374.94$1,398.95
Jul 24, 2026$1,350.28$1,383.34$1,350.28$1,382.60
Jul 23, 2026$1,353.01$1,369.90$1,352.34$1,367.46
Jul 22, 2026$1,363.35$1,377.34$1,348.34$1,354.01

GWW Frequently Asked Questions

What chart pattern is GWW forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Grainger (GWW) on the daily chart, with a measured-move target of $1,264.85.
Is a rising wedge bullish or bearish?
The rising wedge detected on GWW is a bearish pattern, projecting a measured-move target of $1,264.85. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for GWW?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), GWW's nearest support is around $1,272.18 and nearest resistance around $1,422.48.
What is the price target if GWW's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $1,264.85 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was GWW's closing price on Aug 4, 2026?
Grainger (GWW) last closed at $1,300.45 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.