ILLINOIS TOOL WORKS (ITW)

US4523081093 - Common Stock

248.83  -0.71 (-0.28%)

After market: 248.83 0 (0%)

Technical Rating and Analysis

1

Taking everything into account, ITW scores 1 out of 10 in our technical rating. 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.

In the last month ITW has a been trading in the 248.08 - 271.15 range, which is quite wide. It is currently trading near the lows of this range.
ITW has an average volume of 1282430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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 51% of all stocks.
ITW is part of the Machinery industry. There are 131 other stocks in this industry, ITW did better than 46% of them.
ITW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ITW is lagging the market slightly.
Weekly and Daily overview Charts
ITW Weekly chart
ITW Daily chart
Setup Rating and Analysis

2

The technical rating of ITW is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

221.02

273.04

We found 3 important support areas.

  • Support @242.28 from a trend line in the weekly time frame.
  • Support @227.70 from a horizontal line in the weekly time frame.
  • Support @223.25 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 256.14 to 263.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 268.67 to 270.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.19
Mansfield-0.74
10 Day High264.71
10 Day Low248.08
20 Day High271.15
20 Day Low248.08
52 Week High271.15
52 Week Low217.06
Performance
1 Week-3.43%
2 Weeks-4.95%
1 Month-7.41%
3 Month-2.61%
6 Month11.3%
12 Month5.35%
2 Year26.24%
3 Year7.97%
5 Year59.89%
10 Year191.95%
15 Year658.63%
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)-1.83
RSI(14)25.9
LBB247.1
UBB269.56
ITW Daily chart

ILLINOIS TOOL WORKS

NYSE:ITW (4/18/2024, 7:04:00 PM)

After market: 248.83 0 (0%)

248.83

-0.71 (-0.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.28%
1 Week-3.43%
2 Weeks-4.95%
1 Month-7.41%
3 Month-2.61%
6 Month11.3%
12 Month5.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.77
ATR(20)%1.37%
ATR Inc
Range Today2.74
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High264.71
10 Day Low248.08
20 Day High271.15
20 Day Low248.08
52 Week High271.15
52 Week Low217.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume810.70K
Volume Incr-25.04%
Vol(5)1.17M
Vol(50)1.28M