ILLINOIS TOOL WORKS (ILT.DE) Stock Technical Analysis
FRA:ILT - Deutsche Boerse Ag - US4523081093 - Common Stock - Currency: EUR
We assign a technical rating of 4 out of 10 to ILT. Recently some decent action could be observed, but in the medium term time frame this is still negative. ILT was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, ILT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 223.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 220.93, a Stop Loss order could be placed below this zone.
More info and screens
202.36
When analyzing the support we can see 2 important areas.
- A support zone ranging from 210.70 to 220.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @204.40 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 223.86 to 226.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @230.22 from a trend line in the weekly time frame.
- Resistance @234.00 from a trend line in the daily time frame.
- Resistance @258.40 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ILT.DE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ILT.DE is up. |
| ChartMill Relative Strength | 36.72 | NEUTRAL | ILT.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ILT.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ILT.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ILT.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.75 | NEUTRAL | The RSI value for ILT.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests ILT.DE has a positive trend. |
| Stochastics (14,3) | 71.35 | NEUTRAL | The Stochastics value for ILT.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for ILT.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 8.91 | NEGATIVE | The low ADX value for ILT.DE suggests a weak or negative trend. |
FRA:ILT (7/23/2025, 7:00:00 PM)
223.1
+3.8 (+1.73%)