US stock / ETF

W.W. Grainger, Inc.

GWW · NYSE · USD

3 monthsBullish80%
3M Upside probability 80%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 76.3, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $181.79 (13.26%)

3M

EMA Structure

Range
EMA 8$1,135.4Bullish
EMA 21$865.28Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 76.3 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $181.79 · BB 123.36%

High volatility

Strength
Bearish
Volume
MFI 63.1 · OBV 170.36%

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

+16.84% · 1.3 ATR above latest close

$1,601.7
Nearest resistance

+3.58% · 0.3 ATR above · 29-bar high

$1,419.9
Current price

Price shown is delayed

$1,370.9
Nearest support

-85.37% · 6.4 ATR below · 29-bar low

$200.61
Deeper support zone

-98.63% · 7.4 ATR below latest close

$18.82
ATR zone

Latest close ± ATR14

$1,189.1 - $1,552.7

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 / 35.7 / 5.3Bullish
Supertrend (10,3)

Price is above Supertrend

$821.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$990.6 / --Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Volatility

ATR (14)

High volatility

$181.79 (13.26%)Bearish
Bollinger Bands (20,2)

Width 123.36%

97%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,255.5 / $518.52Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,189.1 / $1,552.7Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,419.9Range
Support

Nearest Downside Decision Level

$200.61Range

Momentum

RSI (14)

Momentum is strong

76.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

93.8 / 90.6Bullish
Williams %R (14)

Overbought zone

-6.2Bearish
CCI (20)

Strong expansion

149.2Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

63.1Bullish
OBV slope

20-period OBV slope

170.36%Bullish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Trend

Dow Theory Structure

Confirmation $1,227.7, invalidation $906.52

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

Trend strength is active

81.7 / 35.7 / 5.3Bullish
Supertrend (10,3)

Price is above Supertrend

$821.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$990.6 / --Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Momentum

RSI (14)

Momentum is strong

76.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

93.8 / 90.6Bullish
Williams %R (14)

Overbought zone

-6.2Bearish
CCI (20)

Strong expansion

149.2Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$181.79 (13.26%)Bearish
Bollinger Bands (20,2)

Width 123.36%

97%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,255.5 / $518.52Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,189.1 / $1,552.7Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

63.1Bullish
OBV slope

20-period OBV slope

170.36%Bullish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,419.9Range
Support

Nearest Downside Decision Level

$200.61Range

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