US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

1 hourBearish78%
1h Downside probability 78%Bearish

GWW 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $1,372.3 and stabilize above resistance $1,403.2.

Invalidation Trigger

Break above $1,403.2 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 41.0, MACD -2.532

1h
Volatility EnvironmentBullish
Low volatility

ATR is $10.83 (0.8%)

1h

EMA Structure

Range
EMA 8$1,367.5Bearish
EMA 21$1,372.3Bearish
EMA 50$1,369.9Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.0 · MACD -2.532

Momentum is weak

Strength
Bearish
Volatility
ATR $10.83 · BB 3.33%

Low volatility

Strength
Bullish
Volume
MFI 20.1 · OBV -3.52%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$1,353.9 - $1,403.2

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+4.04% · 5.1 ATR above latest close

$1,414.1
Nearest resistance

+3.24% · 4.1 ATR above · 34-bar high

$1,403.2
Current price

Price shown is delayed

$1,359.2
Nearest support

-0.39% · 0.5 ATR below · 34-bar low

$1,353.9
Deeper support zone

-1.19% · 1.5 ATR below latest close

$1,343.1
ATR zone

Latest close ± ATR14

$1,348.4 - $1,370

Indicators

Trend

Dow Theory Structure

Confirmation $1,373.6, invalidation $1,358.3

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

Trend strength is moderate

18.3 / 20.3 / 39.9Bearish
Supertrend (10,3)

Price is above Supertrend

$1,341Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,372.3 / $1,369.8Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Volatility

ATR (14)

Low volatility

$10.83 (0.8%)Bullish
Bollinger Bands (20,2)

Width 3.33%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,386.2 / $1,358.3Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,348.4 / $1,370Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,403.2Range
Support

Nearest Downside Decision Level

$1,353.9Range

Momentum

RSI (14)

Momentum is weak

41.0Bearish
MACD (12,26,9)

Histogram is negative

-2.532Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.8 / 20.5Bearish
Williams %R (14)

Oversold zone

-89.2Bullish
CCI (20)

Weak expansion

-106.6Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

20.1Bearish
OBV slope

20-period OBV slope

-3.52%Bearish
Volume ratio

Relative to 20-period average volume

0.47xBearish

Trend

Dow Theory Structure

Confirmation $1,373.6, invalidation $1,358.3

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

Trend strength is moderate

18.3 / 20.3 / 39.9Bearish
Supertrend (10,3)

Price is above Supertrend

$1,341Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,372.3 / $1,369.8Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Momentum

RSI (14)

Momentum is weak

41.0Bearish
MACD (12,26,9)

Histogram is negative

-2.532Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.8 / 20.5Bearish
Williams %R (14)

Oversold zone

-89.2Bullish
CCI (20)

Weak expansion

-106.6Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$10.83 (0.8%)Bullish
Bollinger Bands (20,2)

Width 3.33%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,386.2 / $1,358.3Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,348.4 / $1,370Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

20.1Bearish
OBV slope

20-period OBV slope

-3.52%Bearish
Volume ratio

Relative to 20-period average volume

0.47xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,403.2Range
Support

Nearest Downside Decision Level

$1,353.9Range

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