US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

GWW 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $1,303.3 and stabilize above resistance $1,418.2.

Invalidation Trigger

Break above $1,418.2 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 42.1, MACD -2.493

Daily
Volatility EnvironmentRange
Low volatility

ATR is $25.47 (1.99%)

Daily

EMA Structure

Bearish
EMA 8$1,290.3Bearish
EMA 21$1,303.3Bearish
EMA 50$1,310.2Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.1 · MACD -2.493

Momentum is weak

Strength
Bearish
Volatility
ATR $25.47 · BB 5.17%

Low volatility

Strength
Range
Volume
MFI 45.8 · OBV -7.04%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,260.2 - $1,418.2

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+12.79% · 6.4 ATR above latest close

$1,443.7
Nearest resistance

+10.8% · 5.4 ATR above · 34-bar high

$1,418.2
Current price

Price shown is delayed

$1,280
Nearest support

-1.55% · 0.8 ATR below · 34-bar low

$1,260.2
Deeper support zone

-3.54% · 1.8 ATR below latest close

$1,234.8
ATR zone

Latest close ± ATR14

$1,254.5 - $1,305.5

Indicators

Trend

Dow Theory Structure

Confirmation $1,263.6, invalidation $1,330.6

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

26.7 / 13.3 / 23.9Bearish
Supertrend (10,3)

Price is above Supertrend

$1,218.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,298.9 / $1,340.1Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Volatility

ATR (14)

Low volatility

$25.47 (1.99%)Range
Bollinger Bands (20,2)

Width 5.17%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,346.9 / $1,258.1Range
ATR channel lower / upper

Current Volatility Envelope

$1,254.5 / $1,305.5Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,418.2Range
Support

Nearest Downside Decision Level

$1,260.2Range

Momentum

RSI (14)

Momentum is weak

42.1Bearish
MACD (12,26,9)

Histogram is negative

-2.493Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.1 / 18.3Bullish
Williams %R (14)

Neutral zone

-77.9Range
CCI (20)

Weak expansion

-122.9Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.8Range
OBV slope

20-period OBV slope

-7.04%Bearish
Volume ratio

Relative to 20-period average volume

1.61xBullish

Trend

Dow Theory Structure

Confirmation $1,263.6, invalidation $1,330.6

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

26.7 / 13.3 / 23.9Bearish
Supertrend (10,3)

Price is above Supertrend

$1,218.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,298.9 / $1,340.1Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Momentum

RSI (14)

Momentum is weak

42.1Bearish
MACD (12,26,9)

Histogram is negative

-2.493Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.1 / 18.3Bullish
Williams %R (14)

Neutral zone

-77.9Range
CCI (20)

Weak expansion

-122.9Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$25.47 (1.99%)Range
Bollinger Bands (20,2)

Width 5.17%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,346.9 / $1,258.1Range
ATR channel lower / upper

Current Volatility Envelope

$1,254.5 / $1,305.5Range

Volume / Money Flow

MFI (14)

Money flow is neutral

45.8Range
OBV slope

20-period OBV slope

-7.04%Bearish
Volume ratio

Relative to 20-period average volume

1.61xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,418.2Range
Support

Nearest Downside Decision Level

$1,260.2Range

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