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Illinois Tool Works Inc.

ITW Technical Analysis Summary (NYSE)

Analyze ITW on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ITW●NYSE
IndustrialsIndustrial - Machinery
$282.29
$0.45(0.16%)
U.S. Market opens in 64h 17m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ITW Technical Analysis Summary (NYSE)

Illinois Tool Works Inc. (NYSE: ITW) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.37)
Trend Strength:Strong (ADX: 32.42)
Volatility:Medium (ATR: 5.77)
Support/Resistance:$280.37 – $299.58 (Bollinger Bands)

Technical conditions suggest Illinois Tool Works Inc. on the NYSE is awaiting a decisive move. Overall, Illinois Tool Works Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 47.37

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 10.59

Bullish
Oversold zone signals rebound potential.

Williams %R: -95.94

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -1.37

Bearish
Selling pressure outweighs buying.

Takeaway:Illinois Tool Works Inc. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 2.73

Bullish
Bullish, trend momentum is strengthening.

ADX: 32.42

Strong
Strong trend, momentum well established.

ATR (14): 5.77

High
High volatility, wide price fluctuations.

CCI (14): -145.65

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Illinois Tool Works Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$299.58
Middle Band (SMA 20)
$289.98
Lower Band
$280.37
Current Position
Within Bands

Takeaway:Illinois Tool Works Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$298.26
Middle Line (EMA 20)
$286.73
Lower Channel
$275.19
Squeeze Status
Squeeze On

Takeaway:Illinois Tool Works Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume8.01M
Money Flow Index31.83Bearish, selling pressure outweighs inflows.
Relative Vigor Index26.05Bearish, price momentum favors sellers.

Overall Takeaway:ITW shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Illinois Tool Works Inc. (NYSE: ITW), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Illinois Tool Works Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: ITW) Technical Analysis FAQ