US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

1 hourBullish79%
1h Upside probability 79%Bullish

GWW 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $1,316.7 and reclaim $1,363.6.

Invalidation Trigger

Lose $1,316.7 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateRange
Momentum mixed

RSI 53.8, MACD -0.150

1h
Volatility EnvironmentBullish
Low volatility

ATR is $10.94 (0.81%)

1h

EMA Structure

Bullish
EMA 8$1,353.7Bearish
EMA 21$1,348.9Bullish
EMA 50$1,338.4Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.8 · MACD -0.150

Neutral zone

Strength
Range
Volatility
ATR $10.94 · BB 2.44%

Low volatility

Strength
Bullish
Volume
MFI 66.2 · OBV -1.39%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,316.7 - $1,363.6

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.65% · 2.0 ATR above latest close

$1,374.5
Nearest resistance

+0.84% · 1.0 ATR above · 34-bar high

$1,363.6
Current price

Price shown is delayed

$1,352.2
Nearest support

-2.62% · 3.2 ATR below · 34-bar low

$1,316.7
Deeper support zone

-3.43% · 4.2 ATR below latest close

$1,305.8
ATR zone

Latest close ± ATR14

$1,341.3 - $1,363.1

Indicators

Trend

Dow Theory Structure

Confirmation $1,363.6, invalidation $1,344.5

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

Trend strength is moderate

10.9 / 30.3 / 40.0Bearish
Supertrend (10,3)

Price is above Supertrend

$1,328.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,346.8 / $1,338Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Volatility

ATR (14)

Low volatility

$10.94 (0.81%)Bullish
Bollinger Bands (20,2)

Width 2.44%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,365.9 / $1,332.6Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,341.3 / $1,363.1Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,363.6Range
Support

Nearest Downside Decision Level

$1,316.7Range

Momentum

RSI (14)

Neutral zone

53.8Range
MACD (12,26,9)

Histogram is negative

-0.150Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.7 / 82.1Bearish
Williams %R (14)

Neutral zone

-26.3Range
CCI (20)

Balanced zone

29.7Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

66.2Bullish
OBV slope

20-period OBV slope

-1.39%Bearish
Volume ratio

Relative to 20-period average volume

0.45xBearish

Trend

Dow Theory Structure

Confirmation $1,363.6, invalidation $1,344.5

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

Trend strength is moderate

10.9 / 30.3 / 40.0Bearish
Supertrend (10,3)

Price is above Supertrend

$1,328.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,346.8 / $1,338Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Momentum

RSI (14)

Neutral zone

53.8Range
MACD (12,26,9)

Histogram is negative

-0.150Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.7 / 82.1Bearish
Williams %R (14)

Neutral zone

-26.3Range
CCI (20)

Balanced zone

29.7Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$10.94 (0.81%)Bullish
Bollinger Bands (20,2)

Width 2.44%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,365.9 / $1,332.6Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,341.3 / $1,363.1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

66.2Bullish
OBV slope

20-period OBV slope

-1.39%Bearish
Volume ratio

Relative to 20-period average volume

0.45xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,363.6Range
Support

Nearest Downside Decision Level

$1,316.7Range

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