US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

1 hourBullish83%
1h Upside probability 83%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 $1,240 and reclaim $1,293.6.

Invalidation Trigger

Lose $1,240 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 58.9, MACD 0.190

1h
Volatility EnvironmentBullish
Low volatility

ATR is $6.51 (0.51%)

1h

EMA Structure

Bullish
EMA 8$1,280.7Bearish
EMA 21$1,273.4Bullish
EMA 50$1,266.5Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.9 · MACD 0.190

Momentum is strong

Strength
Bullish
Volatility
ATR $6.51 · BB 4.54%

Low volatility

Strength
Bullish
Volume
MFI 50.7 · OBV -4.03%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,240 - $1,293.6

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.55% · 3.0 ATR above latest close

$1,300.1
Nearest resistance

+1.04% · 2.0 ATR above · 34-bar high

$1,293.6
Current price

Price shown is delayed

$1,280.3
Nearest support

-3.15% · 6.2 ATR below · 34-bar low

$1,240
Deeper support zone

-3.66% · 7.2 ATR below latest close

$1,233.5
ATR zone

Latest close ± ATR14

$1,273.8 - $1,286.8

Indicators

Trend

Dow Theory Structure

Confirmation $1,293.6, invalidation $1,240

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

Trend strength is active

62.3 / 40.5 / 11.3Bullish
Supertrend (10,3)

Price is above Supertrend

$1,261.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,275.9 / $1,265Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Volatility

ATR (14)

Low volatility

$6.51 (0.51%)Bullish
Bollinger Bands (20,2)

Width 4.54%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,286.5 / $1,261.4Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,273.8 / $1,286.8Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,293.6Range
Support

Nearest Downside Decision Level

$1,240Range

Momentum

RSI (14)

Momentum is strong

58.9Bullish
MACD (12,26,9)

Histogram is positive

0.190Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

47.6 / 63.4Bearish
Williams %R (14)

Neutral zone

-52.4Range
CCI (20)

Balanced zone

46.0Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.7Range
OBV slope

20-period OBV slope

-4.03%Bearish
Volume ratio

Relative to 20-period average volume

3.55xBullish

Trend

Dow Theory Structure

Confirmation $1,293.6, invalidation $1,240

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

Trend strength is active

62.3 / 40.5 / 11.3Bullish
Supertrend (10,3)

Price is above Supertrend

$1,261.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,275.9 / $1,265Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Momentum

RSI (14)

Momentum is strong

58.9Bullish
MACD (12,26,9)

Histogram is positive

0.190Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

47.6 / 63.4Bearish
Williams %R (14)

Neutral zone

-52.4Range
CCI (20)

Balanced zone

46.0Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$6.51 (0.51%)Bullish
Bollinger Bands (20,2)

Width 4.54%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,286.5 / $1,261.4Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,273.8 / $1,286.8Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.7Range
OBV slope

20-period OBV slope

-4.03%Bearish
Volume ratio

Relative to 20-period average volume

3.55xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,293.6Range
Support

Nearest Downside Decision Level

$1,240Range

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