US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

3 monthsBullish76%
3M Upside probability 76%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 73.0, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $186.7 (14.23%)

3M

EMA Structure

Range
EMA 8$1,122.4Bullish
EMA 21$859.94Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 73.0 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $186.7 · BB 121.34%

High volatility

Strength
Bearish
Volume
MFI 63.8 · OBV 147.67%

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

+22.43% · 1.6 ATR above latest close

$1,606.6
Nearest resistance

+8.21% · 0.6 ATR above · 29-bar high

$1,419.9
Current price

Price shown is delayed

$1,312.2
Nearest support

-84.71% · 6.0 ATR below · 29-bar low

$200.61
Deeper support zone

-98.94% · 7.0 ATR below latest close

$13.91
ATR zone

Latest close ± ATR14

$1,125.5 - $1,498.9

Indicators

Trend

Dow Theory Structure

Confirmation $1,227.7, invalidation $906.52

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

Trend strength is active

81.7 / 34.8 / 5.1Bullish
Supertrend (10,3)

Price is above Supertrend

$766.72Bullish
Ichimoku Cloud

Cloud Span A / Span B

$990.6 / --Bullish
Donchian Channel (20)

20-period breakout channel position

90%Bullish

Volatility

ATR (14)

High volatility

$186.7 (14.23%)Bearish
Bollinger Bands (20,2)

Width 121.34%

93%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,263.6 / $499.19Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,125.5 / $1,498.9Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,419.9Range
Support

Nearest Downside Decision Level

$200.61Range

Momentum

RSI (14)

Momentum is strong

73.0Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

86.4 / 88.1Bearish
Williams %R (14)

Overbought zone

-13.6Bearish
CCI (20)

Strong expansion

138.7Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

63.8Bullish
OBV slope

20-period OBV slope

147.67%Bullish
Volume ratio

Relative to 20-period average volume

0.49xBearish

Trend

Dow Theory Structure

Confirmation $1,227.7, invalidation $906.52

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

Trend strength is active

81.7 / 34.8 / 5.1Bullish
Supertrend (10,3)

Price is above Supertrend

$766.72Bullish
Ichimoku Cloud

Cloud Span A / Span B

$990.6 / --Bullish
Donchian Channel (20)

20-period breakout channel position

90%Bullish

Momentum

RSI (14)

Momentum is strong

73.0Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

86.4 / 88.1Bearish
Williams %R (14)

Overbought zone

-13.6Bearish
CCI (20)

Strong expansion

138.7Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$186.7 (14.23%)Bearish
Bollinger Bands (20,2)

Width 121.34%

93%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,263.6 / $499.19Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,125.5 / $1,498.9Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

63.8Bullish
OBV slope

20-period OBV slope

147.67%Bullish
Volume ratio

Relative to 20-period average volume

0.49xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,419.9Range
Support

Nearest Downside Decision Level

$200.61Range

Related Forecasts