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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
$279.42
$4.45(1.62%)
U.S. Market is Open · 09:43

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:Bullish (RSI: 61.13)
Trend Strength:Weak (ADX: 18.78)
Volatility:Low (ATR: 5.11)
Support/Resistance:$257.31 – $278.34 (Bollinger Bands)

Technical conditions suggest Illinois Tool Works Inc. on the NYSE is awaiting a decisive move. Technical conditions suggest Illinois Tool Works Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 61.13

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 87.14

Bearish
Overbought levels may trigger pullback.

Williams %R: -3.27

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 6.34

Strongly Bullish
Strong upside momentum.

Takeaway:Illinois Tool Works Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.60

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.78

Weak
Weak trend, market trading sideways.

ATR (14): 5.11

High
High volatility, wide price fluctuations.

CCI (14): 147.54

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Illinois Tool Works Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$278.34
Middle Band (SMA 20)
$267.82
Lower Band
$257.31
Current Position
Above Upper Band

Takeaway:Illinois Tool Works Inc. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$279.83
Middle Line (EMA 20)
$269.62
Lower Channel
$259.40
Squeeze Status
No Squeeze

Takeaway:Illinois Tool Works Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume4.27M
Money Flow Index80.72Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index75.20Bullish, price momentum strongly favors buyers.

Overall Takeaway:ITW shows overheated money flow, with risk of pullback from overbought conditions.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

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

(NYSE: ITW) Technical Analysis FAQ