ILLINOIS TOOL WORKS (ITW) Stock Technical Analysis
NYSE:ITW - New York Stock Exchange, Inc. - US4523081093 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to ITW. ITW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
In the last month ITW has a been trading in the 214.66 - 244.27 range, which is quite wide. It is currently trading near the high of this range.
ITW has an average volume of 1346160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ITW outperforms 43% of them, which is more or less in line with the market.
ITW is an average performer in the Machinery industry, it outperforms 64% of 129 stocks in the same industry.
ITW is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Volume is considerably higher in the last couple of days.
ITW has a poor technical rating and the quality of the setup is also not perfect 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
221.03
281.30
2 important support areas can be observed.
- A support zone ranging from 237.96 to 238.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 223.26 to 225.56. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @263.97 from a horizontal line in the daily time frame.
- A resistance zone ranging from 275.47 to 278.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.11
Mansfield-0.39
10 Day High244.27
10 Day Low224.9
20 Day High244.27
20 Day Low214.66
52 Week High279.13
52 Week Low214.66
Performance
1 Week1.18%
2 Weeks4.97%
1 Month1.2%
3 Month-6.5%
6 Month-7.89%
12 Month-0.66%
2 Year10.79%
3 Year16.46%
5 Year40.51%
10 Year158.25%
15 Year421.9%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.84
RSI(14)52.59
LBB226.9
UBB246.13
242.32
+3.08 (+1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.29%
1 Week1.18%
2 Weeks4.97%
1 Month1.2%
3 Month-6.5%
6 Month-7.89%
12 Month-0.66%
2 Year10.79%
3 Year16.46%
5 Year40.51%
10 Year158.25%
15 Year421.9%
Volatility
ATR(14)5.88
ATR(20)%3.51%
ATR Inc-29.37%
Range Today2.72
ADR(20)7.82
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.11
Mansfield-0.39
10 Day High244.27
10 Day Low224.9
20 Day High244.27
20 Day Low214.66
52 Week High279.13
52 Week Low214.66
CS1 End238.55
CR1 Start263.97
Volume & EV
DER(3)0.77%
DER(5)-0.92%
Volume1.54M
Volume Incr40.49%
Vol(5)1.91M
Vol(50)1.35M