US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

12 hoursBullish92%
12h Upside probability 92%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 $1,236.3 and reclaim $1,363.6.

Invalidation Trigger

Lose $1,236.3 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 61.0, MACD 4.311

12h
Volatility EnvironmentRange
Low volatility

ATR is $25.31 (1.87%)

12h

EMA Structure

Bullish
EMA 8$1,340.9Bullish
EMA 21$1,319.5Bullish
EMA 50$1,306.2Bullish

Signals

CategoryReadStrength
Momentum
RSI 61.0 · MACD 4.311

Momentum is strong

Strength
Bullish
Volatility
ATR $25.31 · BB 8.94%

Low volatility

Strength
Range
Volume
MFI 73.7 · OBV 73.20%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$1,236.3 - $1,363.6

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.72% · 1.5 ATR above latest close

$1,388.9
Nearest resistance

+0.84% · 0.5 ATR above · 34-bar high

$1,363.6
Current price

Price shown is delayed

$1,352.2
Nearest support

-8.57% · 4.6 ATR below · 34-bar low

$1,236.3
Deeper support zone

-10.44% · 5.6 ATR below latest close

$1,211
ATR zone

Latest close ± ATR14

$1,326.9 - $1,377.5

Indicators

Trend

Dow Theory Structure

Confirmation $1,355, invalidation $1,316.7

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

Trend strength is active

22.6 / 18.6 / 26.4Bearish
Supertrend (10,3)

Price is above Supertrend

$1,269.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,317.6 / $1,299.9Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Volatility

ATR (14)

Low volatility

$25.31 (1.87%)Range
Bollinger Bands (20,2)

Width 8.94%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,376.7 / $1,264.6Range
ATR channel lower / upper

Current Volatility Envelope

$1,326.9 / $1,377.5Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,363.6Range
Support

Nearest Downside Decision Level

$1,236.3Range

Momentum

RSI (14)

Momentum is strong

61.0Bullish
MACD (12,26,9)

Histogram is positive

4.311Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

85.8 / 92.8Bearish
Williams %R (14)

Overbought zone

-14.2Bearish
CCI (20)

Strong expansion

112.3Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

73.7Bullish
OBV slope

20-period OBV slope

73.20%Bullish
Volume ratio

Relative to 20-period average volume

0.37xBearish

Trend

Dow Theory Structure

Confirmation $1,355, invalidation $1,316.7

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

Trend strength is active

22.6 / 18.6 / 26.4Bearish
Supertrend (10,3)

Price is above Supertrend

$1,269.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,317.6 / $1,299.9Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Momentum

RSI (14)

Momentum is strong

61.0Bullish
MACD (12,26,9)

Histogram is positive

4.311Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

85.8 / 92.8Bearish
Williams %R (14)

Overbought zone

-14.2Bearish
CCI (20)

Strong expansion

112.3Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$25.31 (1.87%)Range
Bollinger Bands (20,2)

Width 8.94%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,376.7 / $1,264.6Range
ATR channel lower / upper

Current Volatility Envelope

$1,326.9 / $1,377.5Range

Volume / Money Flow

MFI (14)

Money flow is strong

73.7Bullish
OBV slope

20-period OBV slope

73.20%Bullish
Volume ratio

Relative to 20-period average volume

0.37xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,363.6Range
Support

Nearest Downside Decision Level

$1,236.3Range

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