US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

12 hoursBearish66%
12h Downside probability 66%Bearish

GWW 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $1,371.4 and stabilize above resistance $1,417.8.

Invalidation Trigger

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

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 51.3, MACD -2.611

12h
Volatility EnvironmentRange
Medium volatility

ATR is $32.4 (2.36%)

12h

EMA Structure

Bullish
EMA 8$1,376.6Bearish
EMA 21$1,371.4Bearish
EMA 50$1,339.7Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.3 · MACD -2.611

Neutral zone

Strength
Bearish
Volatility
ATR $32.4 · BB 3.81%

Medium volatility

Strength
Range
Volume
MFI 50.8 · OBV -15.24%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,312.2 - $1,417.8

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.76% · 2.4 ATR above latest close

$1,450.2
Nearest resistance

+3.39% · 1.4 ATR above · 34-bar high

$1,417.8
Current price

Price shown is delayed

$1,371.3
Nearest support

-4.31% · 1.8 ATR below · 34-bar low

$1,312.2
Deeper support zone

-6.67% · 2.8 ATR below latest close

$1,279.8
ATR zone

Latest close ± ATR14

$1,338.8 - $1,403.7

Indicators

Trend

Dow Theory Structure

Confirmation $1,417.8, invalidation $1,340.8

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

Trend strength is moderate

13.0 / 16.9 / 35.8Bearish
Supertrend (10,3)

Price is above Supertrend

$1,262.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,374.4 / $1,318.9Bearish
Donchian Channel (20)

20-period breakout channel position

45%Range

Volatility

ATR (14)

Medium volatility

$32.4 (2.36%)Range
Bollinger Bands (20,2)

Width 3.81%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,437.6 / $1,306.5Range
ATR channel lower / upper

Current Volatility Envelope

$1,338.8 / $1,403.7Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,417.8Range
Support

Nearest Downside Decision Level

$1,312.2Range

Momentum

RSI (14)

Neutral zone

51.3Range
MACD (12,26,9)

Histogram is negative

-2.611Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.1 / 55.1Bearish
Williams %R (14)

Neutral zone

-54.9Range
CCI (20)

Balanced zone

-78.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.8Range
OBV slope

20-period OBV slope

-15.24%Bearish
Volume ratio

Relative to 20-period average volume

1.41xBullish

Trend

Dow Theory Structure

Confirmation $1,417.8, invalidation $1,340.8

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

Trend strength is moderate

13.0 / 16.9 / 35.8Bearish
Supertrend (10,3)

Price is above Supertrend

$1,262.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,374.4 / $1,318.9Bearish
Donchian Channel (20)

20-period breakout channel position

45%Range

Momentum

RSI (14)

Neutral zone

51.3Range
MACD (12,26,9)

Histogram is negative

-2.611Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.1 / 55.1Bearish
Williams %R (14)

Neutral zone

-54.9Range
CCI (20)

Balanced zone

-78.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$32.4 (2.36%)Range
Bollinger Bands (20,2)

Width 3.81%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,437.6 / $1,306.5Range
ATR channel lower / upper

Current Volatility Envelope

$1,338.8 / $1,403.7Range

Volume / Money Flow

MFI (14)

Money flow is neutral

50.8Range
OBV slope

20-period OBV slope

-15.24%Bearish
Volume ratio

Relative to 20-period average volume

1.41xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,417.8Range
Support

Nearest Downside Decision Level

$1,312.2Range

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