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 $1,135.2 and reclaim $1,369.4.

Invalidation Trigger

Lose $1,135.2 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 58.9, MACD 0.624

Daily
Volatility EnvironmentRange
Low volatility

ATR is $27.29 (2.06%)

Daily

EMA Structure

Bullish
EMA 8$1,330Bearish
EMA 21$1,299.9Bullish
EMA 50$1,245.8Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.9 · MACD 0.624

Momentum is strong

Strength
Bullish
Volatility
ATR $27.29 · BB 11.65%

Low volatility

Strength
Range
Volume
MFI 62.6 · OBV 8.88%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$1,135.2 - $1,369.4

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+5.68% · 2.8 ATR above latest close

$1,396.7
Nearest resistance

+3.62% · 1.8 ATR above · 34-bar high

$1,369.4
Current price

Price shown is delayed

$1,321.6
Nearest support

-14.11% · 6.8 ATR below · 34-bar low

$1,135.2
Deeper support zone

-16.17% · 7.8 ATR below latest close

$1,107.9
ATR zone

Latest close ± ATR14

$1,294.3 - $1,348.9

Indicators

Trend

Dow Theory Structure

Confirmation $1,349, invalidation $1,304.8

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

44.2 / 33.6 / 14.4Bullish
Supertrend (10,3)

Price is above Supertrend

$1,233.3Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,316.1 / $1,248.8Bullish
Donchian Channel (20)

20-period breakout channel position

68%Bullish

Volatility

ATR (14)

Low volatility

$27.29 (2.06%)Range
Bollinger Bands (20,2)

Width 11.65%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,362.1 / $1,242.2Range
ATR channel lower / upper

Current Volatility Envelope

$1,294.3 / $1,348.9Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,369.4Range
Support

Nearest Downside Decision Level

$1,135.2Range

Momentum

RSI (14)

Momentum is strong

58.9Bullish
MACD (12,26,9)

Histogram is positive

0.624Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

49.3 / 82.7Bearish
Williams %R (14)

Neutral zone

-50.7Range
CCI (20)

Balanced zone

55.9Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

62.6Bullish
OBV slope

20-period OBV slope

8.88%Bullish
Volume ratio

Relative to 20-period average volume

1.17xBullish

Trend

Dow Theory Structure

Confirmation $1,349, invalidation $1,304.8

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

44.2 / 33.6 / 14.4Bullish
Supertrend (10,3)

Price is above Supertrend

$1,233.3Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,316.1 / $1,248.8Bullish
Donchian Channel (20)

20-period breakout channel position

68%Bullish

Momentum

RSI (14)

Momentum is strong

58.9Bullish
MACD (12,26,9)

Histogram is positive

0.624Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

49.3 / 82.7Bearish
Williams %R (14)

Neutral zone

-50.7Range
CCI (20)

Balanced zone

55.9Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$27.29 (2.06%)Range
Bollinger Bands (20,2)

Width 11.65%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,362.1 / $1,242.2Range
ATR channel lower / upper

Current Volatility Envelope

$1,294.3 / $1,348.9Range

Volume / Money Flow

MFI (14)

Money flow is strong

62.6Bullish
OBV slope

20-period OBV slope

8.88%Bullish
Volume ratio

Relative to 20-period average volume

1.17xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,369.4Range
Support

Nearest Downside Decision Level

$1,135.2Range

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