ILLINOIS TOOL WORKS (ITW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ITW - US4523081093 - Common Stock
Overall ITW gets a technical rating of 4 out of 10. 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.
Although the technical rating is only medium, ITW does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 252.16, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ITW in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
236.85
When analyzing the support we notice one important area.
- A support zone ranging from 239.24 to 252.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @255.17 from a trend line in the weekly time frame.
- Strong resistance @262.12 from a horizontal line in the daily time frame.
- A resistance zone ranging from 277.52 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 | NEUTRAL | NEUTRAL | The long term trend for ITW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ITW is neutral. |
| ChartMill Relative Strength | 47.99 | 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) | DOWN | MIXED | The current price of ITW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.5 | NEUTRAL | The RSI value for ITW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests ITW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.97 | NEUTRAL | The Stochastics value for ITW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for ITW suggests low volalility. |
| Average Directional Index/ADX (14) | 11.18 | NEGATIVE | The low ADX value for ITW suggests a weak or negative trend. |
NYSE:ITW (1/9/2026, 3:01:03 PM)
254.04
+0.31 (+0.12%)
ILLINOIS TOOL WORKS / ITW FAQ
What is the ChartMill technical rating of ILLINOIS TOOL WORKS (ITW) stock?
ChartMill assigns a technical rating of 4 / 10 to ITW.
Can you provide the trend direction for ILLINOIS TOOL WORKS?
The current trend direction for ILLINOIS TOOL WORKS (ITW) is Bearish.
What is the RSI signal for ILLINOIS TOOL WORKS (ITW) stock?
ILLINOIS TOOL WORKS (ITW) has an RSI value of 54.4957. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ILLINOIS TOOL WORKS?
ILLINOIS TOOL WORKS (ITW) has a support level at 252.16 and a resistance level at 255.17. Check the full technical report for our detailed analysis of ITW support and resistance levels.