US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

1 weekBullish87%
Weekly Upside probability 87%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 $996.28 and reclaim $1,419.9.

Invalidation Trigger

Lose $996.28 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 57.3, MACD -8.413

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $63.44 (4.83%)

Weekly

EMA Structure

Bullish
EMA 8$1,329Bearish
EMA 21$1,278.5Bullish
EMA 50$1,182.9Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.3 · MACD -8.413

Momentum is strong

Strength
Range
Volatility
ATR $63.44 · BB 24.95%

Medium volatility

Strength
Range
Volume
MFI 65.1 · OBV -6.51%

Relative to 20-period average volume

Strength
Range
Price Levels
$996.28 - $1,419.9

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+13.04% · 2.7 ATR above latest close

$1,483.3
Nearest resistance

+8.21% · 1.7 ATR above · 34-bar high

$1,419.9
Current price

Price shown is delayed

$1,312.2
Nearest support

-24.08% · 5.0 ATR below · 34-bar low

$996.28
Deeper support zone

-28.91% · 6.0 ATR below latest close

$932.84
ATR zone

Latest close ± ATR14

$1,248.8 - $1,375.7

Indicators

Trend

Dow Theory Structure

Confirmation $1,419.9, invalidation $1,260.2

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

71.9 / 21.4 / 9.8Bullish
Supertrend (10,3)

Price is above Supertrend

$1,117.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,283.3 / $1,163.2Bullish
Donchian Channel (20)

20-period breakout channel position

69%Bullish

Volatility

ATR (14)

Medium volatility

$63.44 (4.83%)Range
Bollinger Bands (20,2)

Width 24.95%

58%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,413 / $1,152.9Range
ATR channel lower / upper

Current Volatility Envelope

$1,248.8 / $1,375.7Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,419.9Range
Support

Nearest Downside Decision Level

$996.28Range

Momentum

RSI (14)

Momentum is strong

57.3Bullish
MACD (12,26,9)

Histogram is negative

-8.413Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.1 / 49.9Bearish
Williams %R (14)

Neutral zone

-53.9Range
CCI (20)

Balanced zone

28.7Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

65.1Bullish
OBV slope

20-period OBV slope

-6.51%Bearish
Volume ratio

Relative to 20-period average volume

0.77xBearish

Trend

Dow Theory Structure

Confirmation $1,419.9, invalidation $1,260.2

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

71.9 / 21.4 / 9.8Bullish
Supertrend (10,3)

Price is above Supertrend

$1,117.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,283.3 / $1,163.2Bullish
Donchian Channel (20)

20-period breakout channel position

69%Bullish

Momentum

RSI (14)

Momentum is strong

57.3Bullish
MACD (12,26,9)

Histogram is negative

-8.413Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.1 / 49.9Bearish
Williams %R (14)

Neutral zone

-53.9Range
CCI (20)

Balanced zone

28.7Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Medium volatility

$63.44 (4.83%)Range
Bollinger Bands (20,2)

Width 24.95%

58%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,413 / $1,152.9Range
ATR channel lower / upper

Current Volatility Envelope

$1,248.8 / $1,375.7Range

Volume / Money Flow

MFI (14)

Money flow is strong

65.1Bullish
OBV slope

20-period OBV slope

-6.51%Bearish
Volume ratio

Relative to 20-period average volume

0.77xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,419.9Range
Support

Nearest Downside Decision Level

$996.28Range

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