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 4 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.
ITW has an average volume of 1062070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When compared to the yearly performance of all other stocks, ITW outperforms 46% of them, which is more or less in line with the market.
ITW is an average performer in the Machinery industry, it outperforms 44% of 128 stocks in the same industry.
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.
In the last month ITW has a been trading in a tight range between 239.56 and 249.92.
Although the technical rating is only medium, ITW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 244.96, a Stop Loss order could be placed below this zone.
More info and screens
221.03
281.30
We found 2 important support areas.
- A support zone ranging from 239.24 to 244.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 3 important resistance areas.
- A resistance zone ranging from 254.08 to 256.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
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 | DOWN | NEGATIVE | The long term trend for ITW is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ITW is up. |
| ChartMill Relative Strength | 46.62 | 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 | POSITIVE | The current price of ITW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ITW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.2 | NEUTRAL | The RSI value for ITW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ITW has a positive trend. |
| Stochastics (14,3) | 62.93 | NEUTRAL | The Stochastics value for ITW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.36 | LOW VOLATILITY | The low ATR as a percentage value for ITW suggests low volalility. |
| Average Directional Index/ADX (14) | 9.65 | NEGATIVE | The low ADX value for ITW suggests a weak or negative trend. |
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)
NYSE:ITW (6/27/2025, 12:35:13 PM)
249.57
+2.82 (+1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.14%
1 Week2.25%
2 Weeks0.05%
1 Month1.2%
3 Month0.12%
6 Month-3.82%
12 Month4.13%
2 Year-1.36%
3 Year35.39%
5 Year41.12%
10 Year168.82%
15 Year497.75%
Volatility
ATR(14)3.38
ATR(20)%1.36%
ATR Inc-28.33%
Range Today2.68
ADR(20)3.23
ADR(20)%1.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.62
Mansfield-0.81
10 Day High247.5
10 Day Low239.56
20 Day High249.92
20 Day Low239.56
52 Week High279.13
52 Week Low214.66
CS1 End244.96
CR1 Start254.08
Volume & EV
DER(3)0.3%
DER(5)0.29%
Volume219.66K
Volume Incr23.72%
Vol(5)1.05M
Vol(50)1.06M