Illinois Tool Works Inc. (ITW) Technical Analysis

$254.68▲-0.3%

Market is closed - opens 8 PM, 05 Feb 2025

Insights

Illinois Tool Works is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for Illinois Tool Works stock suggests that it is range bound and no decision can be made based on this information
Based on analysis of the Moving Averages technical indicator, Illinois Tool Works stock is Range bound.
Based on analysis of the Pivot Points, the current market trend for Illinois Tool Works stock suggests that it is a good time to sell or bad time to initiate a fresh position

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	45.52	Neutral
Stochastic	34.16, 61.37	Neutral
Ultimate Oscillator	47.25	Neutral
Stochastic Relative Strength Index	54.5, 65.3	Neutral
Moving Average Convergence Divergence	-0.36, -0.97	Neutral

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	259.46	Buy
20	255.36	Sell
50	262.83	Buy

Exponential Moving Average

Period (Days)	Value	Action
10	257.99	Buy
20	257.82	Sell
50	259.7	Buy

Volume Weighted Moving Average

Period (Days)	Value	Action
10	259.28	Neutral
20	255.12	Neutral
50	262.29	Neutral

Double Exponential Moving Average

Period (Days)	Value	Action
10	258.63	Buy
20	256.94	Sell
50	258.33	Sell

Triple Exponential Moving Average

Period (Days)	Value	Action
10	258.48	Sell
20	258.67	Buy
50	254.85	Sell

Pivot

Pivot	Value
Resistance L3	264.51
Resistance L2	263.21
Resistance L1	261.18
Pivot Point	259.88
Support L1	257.85
Support L2	256.55
Support L3	254.52

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.