US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

1 dayBullish92%
Daily Upside probability 92%Bullish

GWW 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $1,236.3 and reclaim $1,363.6.

Invalidation Trigger

Lose $1,236.3 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 70.6, MACD 7.899

Daily
Volatility EnvironmentRange
Low volatility

ATR is $26.96 (1.99%)

Daily

EMA Structure

Bullish
EMA 8$1,340.1Bullish
EMA 21$1,314.7Bullish
EMA 50$1,303.9Bullish

Signals

CategoryReadStrength
Momentum
RSI 70.6 · MACD 7.899

Momentum is strong

Strength
Bullish
Volatility
ATR $26.96 · BB 11.65%

Low volatility

Strength
Range
Volume
MFI 60.6 · OBV 8.62%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$1,236.3 - $1,363.6

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.41% · 1.2 ATR above latest close

$1,390.6
Nearest resistance

+0.43% · 0.2 ATR above · 34-bar high

$1,363.6
Current price

Price shown is delayed

$1,357.8
Nearest support

-8.95% · 4.5 ATR below · 34-bar low

$1,236.3
Deeper support zone

-10.93% · 5.5 ATR below latest close

$1,209.3
ATR zone

Latest close ± ATR14

$1,330.8 - $1,384.8

Indicators

Trend

Dow Theory Structure

Confirmation $1,355, invalidation $1,288.2

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

39.8 / 27.2 / 17.5Bullish
Supertrend (10,3)

Price is above Supertrend

$1,267Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,312.9 / $1,299.9Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Volatility

ATR (14)

Low volatility

$26.96 (1.99%)Range
Bollinger Bands (20,2)

Width 11.65%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,373.8 / $1,257.8Range
ATR channel lower / upper

Current Volatility Envelope

$1,330.8 / $1,384.8Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,363.6Range
Support

Nearest Downside Decision Level

$1,236.3Range

Momentum

RSI (14)

Momentum is strong

70.6Bullish
MACD (12,26,9)

Histogram is positive

7.899Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.5 / 95.7Bearish
Williams %R (14)

Overbought zone

-5.5Bearish
CCI (20)

Strong expansion

117.0Bullish
TD Sequential

Exhaustion setup is near completion

sell 11Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.6Bullish
OBV slope

20-period OBV slope

8.62%Bullish
Volume ratio

Relative to 20-period average volume

0.15xBearish

Trend

Dow Theory Structure

Confirmation $1,355, invalidation $1,288.2

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

39.8 / 27.2 / 17.5Bullish
Supertrend (10,3)

Price is above Supertrend

$1,267Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,312.9 / $1,299.9Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Momentum

RSI (14)

Momentum is strong

70.6Bullish
MACD (12,26,9)

Histogram is positive

7.899Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.5 / 95.7Bearish
Williams %R (14)

Overbought zone

-5.5Bearish
CCI (20)

Strong expansion

117.0Bullish
TD Sequential

Exhaustion setup is near completion

sell 11Bearish

Volatility

ATR (14)

Low volatility

$26.96 (1.99%)Range
Bollinger Bands (20,2)

Width 11.65%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,373.8 / $1,257.8Range
ATR channel lower / upper

Current Volatility Envelope

$1,330.8 / $1,384.8Range

Volume / Money Flow

MFI (14)

Money flow is strong

60.6Bullish
OBV slope

20-period OBV slope

8.62%Bullish
Volume ratio

Relative to 20-period average volume

0.15xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,363.6Range
Support

Nearest Downside Decision Level

$1,236.3Range

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