US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

12 hoursBearish58%
12h Downside probability 58%Bearish

GWW 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $1,319.5 and stabilize above resistance $1,417.8.

Invalidation Trigger

Break above $1,417.8 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateRange
Momentum mixed

RSI 46.3, MACD 1.149

12h
Volatility EnvironmentRange
Low volatility

ATR is $20.49 (1.56%)

12h

EMA Structure

Bearish
EMA 8$1,309.6Bullish
EMA 21$1,319.5Bearish
EMA 50$1,322.4Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.3 · MACD 1.149

Neutral zone

Strength
Range
Volatility
ATR $20.49 · BB 9.28%

Low volatility

Strength
Range
Volume
MFI 49.9 · OBV -21.89%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,260.2 - $1,417.8

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.61% · 6.2 ATR above latest close

$1,438.3
Nearest resistance

+8.04% · 5.2 ATR above · 34-bar high

$1,417.8
Current price

Price shown is delayed

$1,312.2
Nearest support

-3.96% · 2.5 ATR below · 34-bar low

$1,260.2
Deeper support zone

-5.53% · 3.5 ATR below latest close

$1,239.7
ATR zone

Latest close ± ATR14

$1,291.8 - $1,332.7

Indicators

Trend

Dow Theory Structure

Confirmation $1,329.8, invalidation $1,269.1

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

Trend strength is active

43.7 / 19.7 / 22.8Bearish
Supertrend (10,3)

Price is above Supertrend

$1,251.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,325.5 / $1,339Bearish
Donchian Channel (20)

20-period breakout channel position

39%Range

Volatility

ATR (14)

Low volatility

$20.49 (1.56%)Range
Bollinger Bands (20,2)

Width 9.28%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,357.1 / $1,280.4Range
ATR channel lower / upper

Current Volatility Envelope

$1,291.8 / $1,332.7Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,417.8Range
Support

Nearest Downside Decision Level

$1,260.2Range

Momentum

RSI (14)

Neutral zone

46.3Range
MACD (12,26,9)

Histogram is positive

1.149Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

71.1 / 54.9Bullish
Williams %R (14)

Neutral zone

-28.9Range
CCI (20)

Balanced zone

-23.1Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.9Range
OBV slope

20-period OBV slope

-21.89%Bearish
Volume ratio

Relative to 20-period average volume

1.35xBullish

Trend

Dow Theory Structure

Confirmation $1,329.8, invalidation $1,269.1

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

Trend strength is active

43.7 / 19.7 / 22.8Bearish
Supertrend (10,3)

Price is above Supertrend

$1,251.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,325.5 / $1,339Bearish
Donchian Channel (20)

20-period breakout channel position

39%Range

Momentum

RSI (14)

Neutral zone

46.3Range
MACD (12,26,9)

Histogram is positive

1.149Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

71.1 / 54.9Bullish
Williams %R (14)

Neutral zone

-28.9Range
CCI (20)

Balanced zone

-23.1Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$20.49 (1.56%)Range
Bollinger Bands (20,2)

Width 9.28%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,357.1 / $1,280.4Range
ATR channel lower / upper

Current Volatility Envelope

$1,291.8 / $1,332.7Range

Volume / Money Flow

MFI (14)

Money flow is neutral

49.9Range
OBV slope

20-period OBV slope

-21.89%Bearish
Volume ratio

Relative to 20-period average volume

1.35xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,417.8Range
Support

Nearest Downside Decision Level

$1,260.2Range

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