ILLINOIS TOOL WORKS (ITW) Technical Analysis
NYSE:ITW • US4523081093
Current stock price
ITW Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to ITW. In the past year, ITW was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month ITW has a been trading in the 254.41 - 274.78 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- ITW has an average volume of 1468940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, ITW turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
- ITW is part of the Machinery industry. There are 131 other stocks in this industry, ITW did better than 48% of them.
- ITW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ITW is lagging the market.
ITW Weekly and Daily overview Charts
ITW Setup Rating and Analysis
ITW has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ITW Support and Resistance Analysis
238.21
When analyzing the support we can see 3 important areas.
- A support zone ranging from 254.64 to 259.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @250.14 from a horizontal line in the daily time frame.
- A support zone ranging from 240.62 to 244.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 299.61 to 299.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
ITW Technical Indicator Signal Analysis
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 ITW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ITW is up. |
| ChartMill Relative Strength | 56.55 | NEUTRAL | ITW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ITW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ITW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.13 | NEUTRAL | The RSI value for ITW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.21 | POSITIVE | The MACD value suggests ITW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.45 | OVERBOUGHT | The high Stochastics value suggests ITW may be overbought. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for ITW suggests some volalility. |
| Average Directional Index/ADX (14) | 32.79 | POSITIVE | The high ADX value value for ITW suggests a strong trend. |
ITW Chart- and CandleStick Pattern Analysis
ITW Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:ITW (4/15/2026, 1:28:08 PM)
263.89
-8.36 (-3.07%)
ILLINOIS TOOL WORKS / ITW TA FAQ
What is the ChartMill technical rating of ILLINOIS TOOL WORKS (ITW) stock?
ChartMill assigns a technical rating of 6 / 10 to ITW.
Can you provide the trend direction for ILLINOIS TOOL WORKS?
The current trend direction for ILLINOIS TOOL WORKS (ITW) is Bearish.
Can you provide the RSI signal for ILLINOIS TOOL WORKS?
ILLINOIS TOOL WORKS (ITW) has an RSI value of 55.1293. This indicates that the stock is currently neutral.
What is the short term momentum for ILLINOIS TOOL WORKS (ITW) stock?
The short term momentum for ILLINOIS TOOL WORKS (ITW) is positive.