US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

1 monthBullish87%
Monthly Upside probability 87%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 $727.99 and reclaim $1,419.9.

Invalidation Trigger

Lose $727.99 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 71.6, MACD 26.935

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $106.13 (7.74%)

Monthly

EMA Structure

Bullish
EMA 8$1,250.2Bullish
EMA 21$1,122.5Bullish
EMA 50$931.1Bullish

Signals

CategoryReadStrength
Momentum
RSI 71.6 · MACD 26.935

Momentum is strong

Strength
Bullish
Volatility
ATR $106.13 · BB 48.35%

High volatility

Strength
Bearish
Volume
MFI 56.2 · OBV 14.05%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$727.99 - $1,419.9

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+11.32% · 1.5 ATR above latest close

$1,526
Nearest resistance

+3.58% · 0.5 ATR above · 34-bar high

$1,419.9
Current price

Price shown is delayed

$1,370.9
Nearest support

-46.9% · 6.1 ATR below · 34-bar low

$727.99
Deeper support zone

-54.64% · 7.1 ATR below latest close

$621.86
ATR zone

Latest close ± ATR14

$1,264.8 - $1,477

Indicators

Trend

Dow Theory Structure

Confirmation $1,218.6, invalidation $906.52

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

Trend strength is moderate

19.7 / 33.3 / 11.6Bullish
Supertrend (10,3)

Price is above Supertrend

$1,023.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,167.5 / $930.2Bullish
Donchian Channel (20)

20-period breakout channel position

91%Bullish

Volatility

ATR (14)

High volatility

$106.13 (7.74%)Bearish
Bollinger Bands (20,2)

Width 48.35%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,356.1 / $903.83Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,264.8 / $1,477Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,419.9Range
Support

Nearest Downside Decision Level

$727.99Range

Momentum

RSI (14)

Momentum is strong

71.6Bullish
MACD (12,26,9)

Histogram is positive

26.935Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

90.5 / 92.3Bearish
Williams %R (14)

Overbought zone

-9.5Bearish
CCI (20)

Strong expansion

177.3Bullish
TD Sequential

Exhaustion setup is near completion

sell 8Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.2Bullish
OBV slope

20-period OBV slope

14.05%Bullish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Trend

Dow Theory Structure

Confirmation $1,218.6, invalidation $906.52

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

Trend strength is moderate

19.7 / 33.3 / 11.6Bullish
Supertrend (10,3)

Price is above Supertrend

$1,023.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,167.5 / $930.2Bullish
Donchian Channel (20)

20-period breakout channel position

91%Bullish

Momentum

RSI (14)

Momentum is strong

71.6Bullish
MACD (12,26,9)

Histogram is positive

26.935Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

90.5 / 92.3Bearish
Williams %R (14)

Overbought zone

-9.5Bearish
CCI (20)

Strong expansion

177.3Bullish
TD Sequential

Exhaustion setup is near completion

sell 8Bearish

Volatility

ATR (14)

High volatility

$106.13 (7.74%)Bearish
Bollinger Bands (20,2)

Width 48.35%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,356.1 / $903.83Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,264.8 / $1,477Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.2Bullish
OBV slope

20-period OBV slope

14.05%Bullish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,419.9Range
Support

Nearest Downside Decision Level

$727.99Range

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