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 8 out of 10 to ITW. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ITW is only an average performer.
The long and short term trends are both positive. This is looking good!
ITW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ITW is lagging the market slightly.
In the last month ITW has a been trading in the 249.67 - 267.44 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When compared to the yearly performance of all other stocks, ITW outperforms 62% of them, which is more or less in line with the market.
ITW is an average performer in the Machinery industry, it outperforms 53% of 127 stocks in the same industry.
Besides having an excellent technical rating, ITW also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 262.12, a Stop Loss order could be placed below this zone.
More info and screens
221.03
281.30
4 important support areas can be observed.
- A support zone ranging from 258.83 to 262.12. 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 252.93 to 254.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 239.24 to 240.61. This zone is formed by a combination of multiple trend lines 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 found 1 important resistance area.
- 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 | UP | POSITIVE | The long term trend for ITW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ITW is up. |
| ChartMill Relative Strength | 62.7 | 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 | POSITIVE | The current price of ITW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.8 | NEUTRAL | The RSI value for ITW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests ITW has a positive trend. |
| Stochastics (14,3) | 61.51 | NEUTRAL | The Stochastics value for ITW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for ITW suggests low volalility. |
| Average Directional Index/ADX (14) | 16.16 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 267.45 | 258.82 | 8.63 (3.23%) | 25.00% |
| An entry @267.45. This is a Buy Stop order right above the 10 day high. | An exit @258.82. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 8.63 points, which is 3.23%. | For a 0.81% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:ITW (8/20/2025, 3:08:25 PM)
263.08
-0.86 (-0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.33%
1 Week1.33%
2 Weeks3.09%
1 Month1.46%
3 Month9.14%
6 Month-0.13%
12 Month6.86%
2 Year6.71%
3 Year35.47%
5 Year33.61%
10 Year212.24%
15 Year539.7%
Volatility
ATR(14)4.59
ATR(20)%1.69%
ATR Inc-5.29%
Range Today3.15
ADR(20)4.05
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.7
Mansfield-0.49
10 Day High267.44
10 Day Low255.27
20 Day High267.44
20 Day Low249.67
52 Week High279.13
52 Week Low214.66
CS1 End262.12
CR1 Start275.47
Volume & EV
DER(3)-2.46%
DER(5)-1.61%
Volume486.73K
Volume Incr0.4%
Vol(5)1.01M
Vol(50)955.09K