US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

1 monthBullish92%
Monthly Upside probability 92%Bullish

GWW 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $674.68 and reclaim $1,369.4.

Invalidation Trigger

Lose $674.68 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 70.5, MACD 15.528

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $100.38 (7.6%)

Monthly

EMA Structure

Bullish
EMA 8$1,159.6Bullish
EMA 21$1,065.7Bullish
EMA 50$881.52Bullish

Signals

CategoryReadStrength
Momentum
RSI 70.5 · MACD 15.528

Momentum is strong

Strength
Bullish
Volatility
ATR $100.38 · BB 35.47%

High volatility

Strength
Bearish
Volume
MFI 53.0 · OBV 21.31%

Relative to 20-period average volume

Strength
Range
Price Levels
$674.68 - $1,369.4

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+11.21% · 1.5 ATR above latest close

$1,469.7
Nearest resistance

+3.62% · 0.5 ATR above · 34-bar high

$1,369.4
Current price

Price shown is delayed

$1,321.6
Nearest support

-48.95% · 6.4 ATR below · 34-bar low

$674.68
Deeper support zone

-56.54% · 7.4 ATR below latest close

$574.3
ATR zone

Latest close ± ATR14

$1,221.2 - $1,422

Indicators

Trend

Dow Theory Structure

Confirmation $1,215.6, invalidation $911.47

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

Trend strength is moderate

15.7 / 37.2 / 13.9Bullish
Supertrend (10,3)

Price is above Supertrend

$976.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,131.7 / $904.93Bullish
Donchian Channel (20)

20-period breakout channel position

90%Bullish

Volatility

ATR (14)

High volatility

$100.38 (7.6%)Bearish
Bollinger Bands (20,2)

Width 35.47%

115%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,284.2 / $859.24Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,221.2 / $1,422Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,369.4Range
Support

Nearest Downside Decision Level

$674.68Range

Momentum

RSI (14)

Momentum is strong

70.5Bullish
MACD (12,26,9)

Histogram is positive

15.528Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.6 / 86.2Bullish
Williams %R (14)

Overbought zone

-10.4Bearish
CCI (20)

Strong expansion

214.6Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.0Range
OBV slope

20-period OBV slope

21.31%Bullish
Volume ratio

Relative to 20-period average volume

0.90xBearish

Trend

Dow Theory Structure

Confirmation $1,215.6, invalidation $911.47

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

Trend strength is moderate

15.7 / 37.2 / 13.9Bullish
Supertrend (10,3)

Price is above Supertrend

$976.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,131.7 / $904.93Bullish
Donchian Channel (20)

20-period breakout channel position

90%Bullish

Momentum

RSI (14)

Momentum is strong

70.5Bullish
MACD (12,26,9)

Histogram is positive

15.528Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.6 / 86.2Bullish
Williams %R (14)

Overbought zone

-10.4Bearish
CCI (20)

Strong expansion

214.6Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

High volatility

$100.38 (7.6%)Bearish
Bollinger Bands (20,2)

Width 35.47%

115%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,284.2 / $859.24Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,221.2 / $1,422Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.0Range
OBV slope

20-period OBV slope

21.31%Bullish
Volume ratio

Relative to 20-period average volume

0.90xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,369.4Range
Support

Nearest Downside Decision Level

$674.68Range

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