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 $1,240 and reclaim $1,521.4.

Invalidation Trigger

Lose $1,240 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 73.7, MACD 9.347

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $36.97 (2.46%)

Daily

EMA Structure

Bullish
EMA 8$1,469.1Bullish
EMA 21$1,414.5Bullish
EMA 50$1,362.4Bullish

Signals

CategoryReadStrength
Momentum
RSI 73.7 · MACD 9.347

Momentum is strong

Strength
Bullish
Volatility
ATR $36.97 · BB 17.44%

Medium volatility

Strength
Range
Volume
MFI 69.4 · OBV 6.04%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$1,240 - $1,521.4

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.71% · 1.5 ATR above latest close

$1,558.4
Nearest resistance

+1.25% · 0.5 ATR above · 34-bar high

$1,521.4
Current price

Price shown is delayed

$1,502.6
Nearest support

-17.48% · 7.1 ATR below · 34-bar low

$1,240
Deeper support zone

-19.94% · 8.1 ATR below latest close

$1,203
ATR zone

Latest close ± ATR14

$1,465.6 - $1,539.6

Indicators

Trend

Dow Theory Structure

Confirmation $1,521.4, invalidation $1,428.8

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

Trend strength is active

44.8 / 46.3 / 6.2Bullish
Supertrend (10,3)

Price is above Supertrend

$1,384.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,419.9 / $1,378.9Bullish
Donchian Channel (20)

20-period breakout channel position

91%Bullish

Volatility

ATR (14)

Medium volatility

$36.97 (2.46%)Range
Bollinger Bands (20,2)

Width 17.44%

90%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,497.7 / $1,337.8Range
ATR channel lower / upper

Current Volatility Envelope

$1,465.6 / $1,539.6Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,521.4Range
Support

Nearest Downside Decision Level

$1,240Range

Momentum

RSI (14)

Momentum is strong

73.7Bullish
MACD (12,26,9)

Histogram is positive

9.347Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

90.0 / 87.2Bullish
Williams %R (14)

Overbought zone

-10.0Bearish
CCI (20)

Strong expansion

116.0Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

69.4Bullish
OBV slope

20-period OBV slope

6.04%Bullish
Volume ratio

Relative to 20-period average volume

1.50xBullish

Trend

Dow Theory Structure

Confirmation $1,521.4, invalidation $1,428.8

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

Trend strength is active

44.8 / 46.3 / 6.2Bullish
Supertrend (10,3)

Price is above Supertrend

$1,384.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,419.9 / $1,378.9Bullish
Donchian Channel (20)

20-period breakout channel position

91%Bullish

Momentum

RSI (14)

Momentum is strong

73.7Bullish
MACD (12,26,9)

Histogram is positive

9.347Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

90.0 / 87.2Bullish
Williams %R (14)

Overbought zone

-10.0Bearish
CCI (20)

Strong expansion

116.0Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$36.97 (2.46%)Range
Bollinger Bands (20,2)

Width 17.44%

90%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,497.7 / $1,337.8Range
ATR channel lower / upper

Current Volatility Envelope

$1,465.6 / $1,539.6Range

Volume / Money Flow

MFI (14)

Money flow is strong

69.4Bullish
OBV slope

20-period OBV slope

6.04%Bullish
Volume ratio

Relative to 20-period average volume

1.50xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,521.4Range
Support

Nearest Downside Decision Level

$1,240Range

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