US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

3 monthsBullish74%
3M Upside probability 74%Bullish

GWW 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $333.21 and reclaim $1,369.4.

Invalidation Trigger

Lose $333.21 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 76.4, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $181.7 (13.75%)

3M

EMA Structure

Range
EMA 8$1,059.7Bullish
EMA 21$805.89Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 76.4 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $181.7 · BB 125.53%

High volatility

Strength
Bearish
Volume
MFI 64.8 · OBV 983.18%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$333.21 - $1,369.4

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+17.36% · 1.3 ATR above latest close

$1,551.1
Nearest resistance

+3.62% · 0.3 ATR above · 24-bar high

$1,369.4
Current price

Price shown is delayed

$1,321.6
Nearest support

-74.79% · 5.4 ATR below · 24-bar low

$333.21
Deeper support zone

-88.54% · 6.4 ATR below latest close

$151.51
ATR zone

Latest close ± ATR14

$1,139.9 - $1,503.3

Indicators

Trend

Dow Theory Structure

Confirmation $1,227.3, invalidation $911.47

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$657.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Volatility

ATR (14)

High volatility

$181.7 (13.75%)Bearish
Bollinger Bands (20,2)

Width 125.53%

99%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,201.3 / $439.88Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,139.9 / $1,503.3Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,369.4Range
Support

Nearest Downside Decision Level

$333.21Range

Momentum

RSI (14)

Momentum is strong

76.4Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

94.3 / 82.7Bullish
Williams %R (14)

Overbought zone

-5.7Bearish
CCI (20)

Strong expansion

132.9Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

64.8Bullish
OBV slope

20-period OBV slope

983.18%Bullish
Volume ratio

Relative to 20-period average volume

1.07xRange

Trend

Dow Theory Structure

Confirmation $1,227.3, invalidation $911.47

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$657.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Momentum

RSI (14)

Momentum is strong

76.4Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

94.3 / 82.7Bullish
Williams %R (14)

Overbought zone

-5.7Bearish
CCI (20)

Strong expansion

132.9Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$181.7 (13.75%)Bearish
Bollinger Bands (20,2)

Width 125.53%

99%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,201.3 / $439.88Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,139.9 / $1,503.3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

64.8Bullish
OBV slope

20-period OBV slope

983.18%Bullish
Volume ratio

Relative to 20-period average volume

1.07xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,369.4Range
Support

Nearest Downside Decision Level

$333.21Range

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