US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

1 weekBullish72%
Weekly Upside probability 72%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 StateBullish
Momentum improving

RSI 60.6, MACD -8.139

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $58.24 (4.31%)

Weekly

EMA Structure

Bullish
EMA 8$1,309.9Bullish
EMA 21$1,291Bullish
EMA 50$1,217.8Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.6 · MACD -8.139

Momentum is strong

Strength
Bullish
Volatility
ATR $58.24 · BB 12.78%

Medium volatility

Strength
Range
Volume
MFI 59.0 · OBV -8.52%

Relative to 20-period average volume

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

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+9.31% · 2.2 ATR above latest close

$1,478.1
Nearest resistance

+5.01% · 1.2 ATR above · 34-bar high

$1,419.9
Current price

Price shown is delayed

$1,352.2
Nearest support

-23.59% · 5.5 ATR below · 34-bar low

$1,033.2
Deeper support zone

-27.9% · 6.5 ATR below latest close

$974.95
ATR zone

Latest close ± ATR14

$1,294 - $1,410.4

Indicators

Trend

Dow Theory Structure

Confirmation $1,236.3, invalidation $1,338

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

37.6 / 11.9 / 17.6Bearish
Supertrend (10,3)

Price is above Supertrend

$1,184Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,288.6 / $1,163.2Bullish
Donchian Channel (20)

20-period breakout channel position

63%Bullish

Volatility

ATR (14)

Medium volatility

$58.24 (4.31%)Range
Bollinger Bands (20,2)

Width 12.78%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,394.6 / $1,192Range
ATR channel lower / upper

Current Volatility Envelope

$1,294 / $1,410.4Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,419.9Range
Support

Nearest Downside Decision Level

$1,033.2Range

Momentum

RSI (14)

Momentum is strong

60.6Bullish
MACD (12,26,9)

Histogram is negative

-8.139Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

63.7 / 48.1Bullish
Williams %R (14)

Neutral zone

-36.3Range
CCI (20)

Balanced zone

38.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

59.0Bullish
OBV slope

20-period OBV slope

-8.52%Bearish
Volume ratio

Relative to 20-period average volume

0.60xBearish

Trend

Dow Theory Structure

Confirmation $1,236.3, invalidation $1,338

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

37.6 / 11.9 / 17.6Bearish
Supertrend (10,3)

Price is above Supertrend

$1,184Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,288.6 / $1,163.2Bullish
Donchian Channel (20)

20-period breakout channel position

63%Bullish

Momentum

RSI (14)

Momentum is strong

60.6Bullish
MACD (12,26,9)

Histogram is negative

-8.139Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

63.7 / 48.1Bullish
Williams %R (14)

Neutral zone

-36.3Range
CCI (20)

Balanced zone

38.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$58.24 (4.31%)Range
Bollinger Bands (20,2)

Width 12.78%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,394.6 / $1,192Range
ATR channel lower / upper

Current Volatility Envelope

$1,294 / $1,410.4Range

Volume / Money Flow

MFI (14)

Money flow is strong

59.0Bullish
OBV slope

20-period OBV slope

-8.52%Bearish
Volume ratio

Relative to 20-period average volume

0.60xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,419.9Range
Support

Nearest Downside Decision Level

$1,033.2Range

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