US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

3 monthsBullish77%
3M Upside probability 77%Bullish

GWW 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $200.61 and reclaim $1,419.9.

Invalidation Trigger

Lose $200.61 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 70.1, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $180.56 (14.1%)

3M

EMA Structure

Range
EMA 8$1,146Bullish
EMA 21$892.66Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 70.1 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $180.56 · BB 115.51%

High volatility

Strength
Bearish
Volume
MFI 62.4 · OBV 271.37%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$200.61 - $1,419.9

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+25.01% · 1.8 ATR above latest close

$1,600.5
Nearest resistance

+10.9% · 0.8 ATR above · 30-bar high

$1,419.9
Current price

Price shown is delayed

$1,280.3
Nearest support

-84.33% · 6.0 ATR below · 30-bar low

$200.61
Deeper support zone

-98.43% · 7.0 ATR below latest close

$20.05
ATR zone

Latest close ± ATR14

$1,099.7 - $1,460.9

Indicators

Trend

Dow Theory Structure

Confirmation $1,227.7, invalidation $893.99

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

Trend strength is active

82.0 / 32.5 / 5.3Bullish
Supertrend (10,3)

Price is above Supertrend

$715.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,009.7 / --Bullish
Donchian Channel (20)

20-period breakout channel position

86%Bullish

Volatility

ATR (14)

High volatility

$180.56 (14.1%)Bearish
Bollinger Bands (20,2)

Width 115.51%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,283.4 / $543.99Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,099.7 / $1,460.9Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,419.9Range
Support

Nearest Downside Decision Level

$200.61Range

Momentum

RSI (14)

Momentum is strong

70.1Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

81.3 / 85.3Bearish
Williams %R (14)

Overbought zone

-18.7Bearish
CCI (20)

Strong expansion

114.3Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

62.4Bullish
OBV slope

20-period OBV slope

271.37%Bullish
Volume ratio

Relative to 20-period average volume

0.04xBearish

Trend

Dow Theory Structure

Confirmation $1,227.7, invalidation $893.99

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

Trend strength is active

82.0 / 32.5 / 5.3Bullish
Supertrend (10,3)

Price is above Supertrend

$715.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,009.7 / --Bullish
Donchian Channel (20)

20-period breakout channel position

86%Bullish

Momentum

RSI (14)

Momentum is strong

70.1Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

81.3 / 85.3Bearish
Williams %R (14)

Overbought zone

-18.7Bearish
CCI (20)

Strong expansion

114.3Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$180.56 (14.1%)Bearish
Bollinger Bands (20,2)

Width 115.51%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,283.4 / $543.99Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,099.7 / $1,460.9Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

62.4Bullish
OBV slope

20-period OBV slope

271.37%Bullish
Volume ratio

Relative to 20-period average volume

0.04xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,419.9Range
Support

Nearest Downside Decision Level

$200.61Range

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