US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

1 weekBullish92%
Weekly Upside probability 92%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 $911.47 and reclaim $1,369.4.

Invalidation Trigger

Lose $911.47 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 66.6, MACD 15.038

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $62.96 (4.76%)

Weekly

EMA Structure

Bullish
EMA 8$1,282.8Bullish
EMA 21$1,201Bullish
EMA 50$1,119.7Bullish

Signals

CategoryReadStrength
Momentum
RSI 66.6 · MACD 15.038

Momentum is strong

Strength
Bullish
Volatility
ATR $62.96 · BB 30.83%

Medium volatility

Strength
Range
Volume
MFI 78.4 · OBV 13.70%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$911.47 - $1,369.4

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+8.38% · 1.8 ATR above latest close

$1,432.3
Nearest resistance

+3.62% · 0.8 ATR above · 34-bar high

$1,369.4
Current price

Price shown is delayed

$1,321.6
Nearest support

-31.03% · 6.5 ATR below · 34-bar low

$911.47
Deeper support zone

-35.8% · 7.5 ATR below latest close

$848.51
ATR zone

Latest close ± ATR14

$1,258.6 - $1,384.5

Indicators

Trend

Dow Theory Structure

Confirmation $1,286.6, invalidation $1,221

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

Trend strength is active

59.1 / 38.9 / 0.8Bullish
Supertrend (10,3)

Price is above Supertrend

$1,149.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,218.2 / $1,140.4Bullish
Donchian Channel (20)

20-period breakout channel position

86%Bullish

Volatility

ATR (14)

Medium volatility

$62.96 (4.76%)Range
Bollinger Bands (20,2)

Width 30.83%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,333.1 / $1,078.3Range
ATR channel lower / upper

Current Volatility Envelope

$1,258.6 / $1,384.5Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,369.4Range
Support

Nearest Downside Decision Level

$911.47Range

Momentum

RSI (14)

Momentum is strong

66.6Bullish
MACD (12,26,9)

Histogram is positive

15.038Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

85.5 / 91.5Bearish
Williams %R (14)

Overbought zone

-14.5Bearish
CCI (20)

Strong expansion

131.2Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

78.4Bullish
OBV slope

20-period OBV slope

13.70%Bullish
Volume ratio

Relative to 20-period average volume

0.26xBearish

Trend

Dow Theory Structure

Confirmation $1,286.6, invalidation $1,221

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

Trend strength is active

59.1 / 38.9 / 0.8Bullish
Supertrend (10,3)

Price is above Supertrend

$1,149.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,218.2 / $1,140.4Bullish
Donchian Channel (20)

20-period breakout channel position

86%Bullish

Momentum

RSI (14)

Momentum is strong

66.6Bullish
MACD (12,26,9)

Histogram is positive

15.038Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

85.5 / 91.5Bearish
Williams %R (14)

Overbought zone

-14.5Bearish
CCI (20)

Strong expansion

131.2Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

Medium volatility

$62.96 (4.76%)Range
Bollinger Bands (20,2)

Width 30.83%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,333.1 / $1,078.3Range
ATR channel lower / upper

Current Volatility Envelope

$1,258.6 / $1,384.5Range

Volume / Money Flow

MFI (14)

Money flow is strong

78.4Bullish
OBV slope

20-period OBV slope

13.70%Bullish
Volume ratio

Relative to 20-period average volume

0.26xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,369.4Range
Support

Nearest Downside Decision Level

$911.47Range

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