ILLINOIS TOOL WORKS (ITW) Stock Technical Analysis
NYSE:ITW - New York Stock Exchange, Inc. - US4523081093 - Common Stock
We assign a technical rating of 4 out of 10 to ITW. ITW has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month ITW has a been trading in the 242.69 - 263.87 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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 46% of all stocks.
ITW is part of the Machinery industry. There are 131 other stocks in this industry, ITW did better than 44% of them.
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.
ITW has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
221.02
281.30
When analyzing the support we can see 5 important areas.
- A support zone ranging from 251.76 to 254.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @245.44 from a trend line in the daily time frame.
- A support zone ranging from 239.30 to 241.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @227.70 from a horizontal line in the weekly time frame.
- Support @223.25 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 277.53 to 278.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.38
Mansfield-0.64
10 Day High262.37
10 Day Low242.69
20 Day High263.87
20 Day Low242.69
52 Week High279.13
52 Week Low232.77
Performance
1 Week4.68%
2 Weeks3.61%
1 Month0.06%
3 Month2.88%
6 Month5.62%
12 Month-0.39%
2 Year10.74%
3 Year11.74%
5 Year49.38%
10 Year180.79%
15 Year499.66%
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)1.46
RSI(14)56.7
LBB244.22
UBB260.4
ILLINOIS TOOL WORKS
NYSE:ITW (1/21/2025, 8:08:28 PM)
After market: 261.39 0 (0%)261.39
+5.01 (+1.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.95%
1 Week4.68%
2 Weeks3.61%
1 Month0.06%
3 Month2.88%
6 Month5.62%
12 Month-0.39%
2 Year10.74%
3 Year11.74%
5 Year49.38%
10 Year180.79%
15 Year499.66%
Volatility
ATR(14)4.14
ATR(20)%1.54%
ATR Inc1.11%
Range Today3.95
ADR(20)3.79
ADR(20)%1.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.38
Mansfield-0.64
10 Day High262.37
10 Day Low242.69
20 Day High263.87
20 Day Low242.69
52 Week High279.13
52 Week Low232.77
CS1 End254.07
CR1 Start277.53
Volume & EV
DER(3)0.81%
DER(5)-1.11%
Volume718.30K
Volume Incr-13.62%
Vol(5)788.88K
Vol(50)864.71K