ILLINOIS TOOL WORKS (ITW) Stock Technical Analysis
NYSE:ITW - New York Stock Exchange, Inc. - US4523081093 - Common Stock - Currency: USD
Taking everything into account, ITW scores 0 out of 10 in our technical rating. ITW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
62% of all other stocks performed better in the past year than ITW.
ITW is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
ITW is one of the better performing stocks in the Machinery industry, it outperforms 72% of 128 stocks in the same industry.
ITW has an average volume of 1229060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ITW has a been trading in the 214.66 - 257.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ITW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
223.30
278.22
When analyzing the support we notice one important area.
- A support zone ranging from 225.56 to 228.54. 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.
- A resistance zone ranging from 251.55 to 256.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @263.97 from a horizontal line in the daily time frame.
- Resistance @275.47 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.17
Mansfield-0.19
10 Day High236.02
10 Day Low214.66
20 Day High257.49
20 Day Low214.66
52 Week High279.13
52 Week Low214.66
Performance
1 Week1.78%
2 Weeks-3.59%
1 Month-8.89%
3 Month-9.96%
6 Month-11.57%
12 Month-7.83%
2 Year-4.59%
3 Year17.11%
5 Year42.06%
10 Year146.68%
15 Year351.74%
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)-0.11
RSI(14)41.2
LBB214.33
UBB253.39
230.84
+1.04 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.45%
1 Week1.78%
2 Weeks-3.59%
1 Month-8.89%
3 Month-9.96%
6 Month-11.57%
12 Month-7.83%
2 Year-4.59%
3 Year17.11%
5 Year42.06%
10 Year146.68%
15 Year351.74%
Volatility
ATR(14)9.66
ATR(20)%3.6%
ATR Inc-50.11%
Range Today3.44
ADR(20)7.62
ADR(20)%3.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.17
Mansfield-0.19
10 Day High236.02
10 Day Low214.66
20 Day High257.49
20 Day Low214.66
52 Week High279.13
52 Week Low214.66
CS1 End228.54
CR1 Start251.55
Volume & EV
DER(3)-2.32%
DER(5)-1.44%
Volume889.30K
Volume Incr-15.12%
Vol(5)1.10M
Vol(50)1.23M