US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

12 hoursBullish87%
12h Upside probability 87%Bullish

GWW 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $1,283.1 and reclaim $1,521.4.

Invalidation Trigger

Lose $1,283.1 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 69.8, MACD 7.005

12h
Volatility EnvironmentRange
Medium volatility

ATR is $48.28 (3.21%)

12h

EMA Structure

Bullish
EMA 8$1,470.7Bullish
EMA 21$1,424.4Bullish
EMA 50$1,373.6Bullish

Signals

CategoryReadStrength
Momentum
RSI 69.8 · MACD 7.005

Momentum is strong

Strength
Bullish
Volatility
ATR $48.28 · BB 15.54%

Medium volatility

Strength
Range
Volume
MFI 59.6 · OBV -9.04%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,283.1 - $1,521.4

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.46% · 1.4 ATR above latest close

$1,569.7
Nearest resistance

+1.25% · 0.4 ATR above · 34-bar high

$1,521.4
Current price

Price shown is delayed

$1,502.6
Nearest support

-14.61% · 4.5 ATR below · 34-bar low

$1,283.1
Deeper support zone

-17.82% · 5.5 ATR below latest close

$1,234.8
ATR zone

Latest close ± ATR14

$1,454.3 - $1,550.9

Indicators

Trend

Dow Theory Structure

Confirmation $1,521.4, invalidation $1,308.5

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

Trend strength is moderate

15.3 / 33.7 / 24.3Bullish
Supertrend (10,3)

Price is above Supertrend

$1,338.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,415 / $1,378.9Bullish
Donchian Channel (20)

20-period breakout channel position

91%Bullish

Volatility

ATR (14)

Medium volatility

$48.28 (3.21%)Range
Bollinger Bands (20,2)

Width 15.54%

90%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,537.9 / $1,316.7Range
ATR channel lower / upper

Current Volatility Envelope

$1,454.3 / $1,550.9Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,521.4Range
Support

Nearest Downside Decision Level

$1,283.1Range

Momentum

RSI (14)

Momentum is strong

69.8Bullish
MACD (12,26,9)

Histogram is positive

7.005Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.2 / 88.8Bullish
Williams %R (14)

Overbought zone

-8.8Bearish
CCI (20)

Strong expansion

125.5Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

59.6Bullish
OBV slope

20-period OBV slope

-9.04%Bearish
Volume ratio

Relative to 20-period average volume

1.58xBullish

Trend

Dow Theory Structure

Confirmation $1,521.4, invalidation $1,308.5

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

Trend strength is moderate

15.3 / 33.7 / 24.3Bullish
Supertrend (10,3)

Price is above Supertrend

$1,338.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,415 / $1,378.9Bullish
Donchian Channel (20)

20-period breakout channel position

91%Bullish

Momentum

RSI (14)

Momentum is strong

69.8Bullish
MACD (12,26,9)

Histogram is positive

7.005Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.2 / 88.8Bullish
Williams %R (14)

Overbought zone

-8.8Bearish
CCI (20)

Strong expansion

125.5Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$48.28 (3.21%)Range
Bollinger Bands (20,2)

Width 15.54%

90%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,537.9 / $1,316.7Range
ATR channel lower / upper

Current Volatility Envelope

$1,454.3 / $1,550.9Range

Volume / Money Flow

MFI (14)

Money flow is strong

59.6Bullish
OBV slope

20-period OBV slope

-9.04%Bearish
Volume ratio

Relative to 20-period average volume

1.58xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,521.4Range
Support

Nearest Downside Decision Level

$1,283.1Range

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