US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

1 weekBullish60%
Weekly Upside probability 60%Bullish

GWW 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $1,033.2 and reclaim $1,419.9.

Invalidation Trigger

Lose $1,033.2 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 52.3, MACD -18.854

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $58.62 (4.58%)

Weekly

EMA Structure

Bullish
EMA 8$1,288Bearish
EMA 21$1,279.4Bullish
EMA 50$1,204.1Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.3 · MACD -18.854

Neutral zone

Strength
Range
Volatility
ATR $58.62 · BB 14.72%

Medium volatility

Strength
Range
Volume
MFI 51.8 · OBV -11.86%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,033.2 - $1,419.9

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+15.48% · 3.4 ATR above latest close

$1,478.5
Nearest resistance

+10.9% · 2.4 ATR above · 34-bar high

$1,419.9
Current price

Price shown is delayed

$1,280.3
Nearest support

-19.3% · 4.2 ATR below · 34-bar low

$1,033.2
Deeper support zone

-23.88% · 5.2 ATR below latest close

$974.57
ATR zone

Latest close ± ATR14

$1,221.7 - $1,338.9

Indicators

Trend

Dow Theory Structure

Confirmation $1,338, invalidation $1,260.2

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

Trend strength is active

54.1 / 8.6 / 17.5Bearish
Supertrend (10,3)

Price is above Supertrend

$1,087.3Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,277 / $1,163.2Bullish
Donchian Channel (20)

20-period breakout channel position

30%Range

Volatility

ATR (14)

Medium volatility

$58.62 (4.58%)Range
Bollinger Bands (20,2)

Width 14.72%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,402.3 / $1,161.3Range
ATR channel lower / upper

Current Volatility Envelope

$1,221.7 / $1,338.9Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,419.9Range
Support

Nearest Downside Decision Level

$1,033.2Range

Momentum

RSI (14)

Neutral zone

52.3Range
MACD (12,26,9)

Histogram is negative

-18.854Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.0 / 12.2Bullish
Williams %R (14)

Neutral zone

-76.0Range
CCI (20)

Balanced zone

-76.3Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.8Range
OBV slope

20-period OBV slope

-11.86%Bearish
Volume ratio

Relative to 20-period average volume

1.03xRange

Trend

Dow Theory Structure

Confirmation $1,338, invalidation $1,260.2

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

Trend strength is active

54.1 / 8.6 / 17.5Bearish
Supertrend (10,3)

Price is above Supertrend

$1,087.3Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,277 / $1,163.2Bullish
Donchian Channel (20)

20-period breakout channel position

30%Range

Momentum

RSI (14)

Neutral zone

52.3Range
MACD (12,26,9)

Histogram is negative

-18.854Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.0 / 12.2Bullish
Williams %R (14)

Neutral zone

-76.0Range
CCI (20)

Balanced zone

-76.3Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$58.62 (4.58%)Range
Bollinger Bands (20,2)

Width 14.72%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,402.3 / $1,161.3Range
ATR channel lower / upper

Current Volatility Envelope

$1,221.7 / $1,338.9Range

Volume / Money Flow

MFI (14)

Money flow is neutral

51.8Range
OBV slope

20-period OBV slope

-11.86%Bearish
Volume ratio

Relative to 20-period average volume

1.03xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,419.9Range
Support

Nearest Downside Decision Level

$1,033.2Range

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