US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

12 hoursBullish72%
12h Upside probability 72%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 $1,220 and reclaim $1,403.2.

Invalidation Trigger

Lose $1,220 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateRange
Momentum mixed

RSI 57.9, MACD -0.918

12h
Volatility EnvironmentRange
Low volatility

ATR is $29.45 (2.15%)

12h

EMA Structure

Bullish
EMA 8$1,372Bearish
EMA 21$1,353.2Bullish
EMA 50$1,306.7Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.9 · MACD -0.918

Momentum is strong

Strength
Range
Volatility
ATR $29.45 · BB 5.34%

Low volatility

Strength
Range
Volume
MFI 32.5 · OBV -6.55%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$1,220 - $1,403.2

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.49% · 2.1 ATR above latest close

$1,432.7
Nearest resistance

+2.35% · 1.1 ATR above · 34-bar high

$1,403.2
Current price

Price shown is delayed

$1,371.1
Nearest support

-11.02% · 5.1 ATR below · 34-bar low

$1,220
Deeper support zone

-13.17% · 6.1 ATR below latest close

$1,190.6
ATR zone

Latest close ± ATR14

$1,341.6 - $1,400.5

Indicators

Trend

Dow Theory Structure

Confirmation $1,383.5, invalidation $1,329

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

Trend strength is active

35.2 / 18.0 / 13.6Bullish
Supertrend (10,3)

Price is above Supertrend

$1,292.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,361 / $1,306.8Bullish
Donchian Channel (20)

20-period breakout channel position

65%Bullish

Volatility

ATR (14)

Low volatility

$29.45 (2.15%)Range
Bollinger Bands (20,2)

Width 5.34%

68%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,412.1 / $1,297.3Range
ATR channel lower / upper

Current Volatility Envelope

$1,341.6 / $1,400.5Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,403.2Range
Support

Nearest Downside Decision Level

$1,220Range

Momentum

RSI (14)

Momentum is strong

57.9Bullish
MACD (12,26,9)

Histogram is negative

-0.918Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.7 / 75.8Bearish
Williams %R (14)

Neutral zone

-43.3Range
CCI (20)

Balanced zone

98.2Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

32.5Bearish
OBV slope

20-period OBV slope

-6.55%Bearish
Volume ratio

Relative to 20-period average volume

0.60xBearish

Trend

Dow Theory Structure

Confirmation $1,383.5, invalidation $1,329

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

Trend strength is active

35.2 / 18.0 / 13.6Bullish
Supertrend (10,3)

Price is above Supertrend

$1,292.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,361 / $1,306.8Bullish
Donchian Channel (20)

20-period breakout channel position

65%Bullish

Momentum

RSI (14)

Momentum is strong

57.9Bullish
MACD (12,26,9)

Histogram is negative

-0.918Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.7 / 75.8Bearish
Williams %R (14)

Neutral zone

-43.3Range
CCI (20)

Balanced zone

98.2Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$29.45 (2.15%)Range
Bollinger Bands (20,2)

Width 5.34%

68%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,412.1 / $1,297.3Range
ATR channel lower / upper

Current Volatility Envelope

$1,341.6 / $1,400.5Range

Volume / Money Flow

MFI (14)

Money flow is weak

32.5Bearish
OBV slope

20-period OBV slope

-6.55%Bearish
Volume ratio

Relative to 20-period average volume

0.60xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,403.2Range
Support

Nearest Downside Decision Level

$1,220Range

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