Technical Analysis for ITW - Illinois Tool Works Inc.

Grade Last Price % Change Price Change
D 215.89 -0.90% -1.95
ITW closed down 0.9 percent on Friday, September 17, 2021, on 2.54 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical ITW trend table...

Date Alert Name Type % Chg
Cup with Handle Other 0.00%
NR7 Range Contraction 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 200 DMA Bearish -0.90%
New Downtrend Bearish -0.90%
180 Bearish Setup Bearish Swing Setup -0.90%
Cup with Handle Other -0.90%
Lower Bollinger Band Walk Weakness -0.90%
Inside Day Range Contraction -0.90%
Older End-of-Day Signals for ITW ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible NR7 about 23 hours ago
Lower Bollinger Band Support 1 day ago
Down 1 ATR 1 day ago
2x Volume Pace 1 day ago
1.5x Volume Pace 1 day ago
View Earlier Intraday Alerts

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Profile

Illinois Tool Works Inc. Description

Illinois Tool Works Inc. manufactures and sells a range of industrial products and equipment worldwide. Its Transportation segment offers plastic and metal components, fasteners, and assemblies; fluids and polymers; fillers and putties; polyester coatings, and patch and repair products; and truck remanufacturing, and related parts and services. The company's Power Systems & Electronics segment provides arc welding equipment; metal arc welding consumables and related accessories; metal solder materials; equipment and services for microelectronics assembly; electronic components and component packaging; static and contamination control equipment; airport ground support equipment; pressure sensitive adhesives and components; and metal jacketing and other insulation products. Its Industrial Packaging segment offers steel and plastic strapping and related tools and equipment; plastic stretch film and related equipment; and paper and plastic products that protect goods in transit. The company's Food Equipment segment provides warewashing, cooking, refrigeration, and food processing equipment; and kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. Its Construction Products segment offers anchors, fasteners, and related tools; metal plate truss components, and related equipment and software; and packaged hardware and other products for retail. The company's Polymers & Fluids segment provides adhesives; chemical fluids; epoxy and resin-based coating products; and hand wipes and cleaners. The company also offers equipment and related software for testing and measuring materials, structures, gases, and fluids; plastic reclosable packaging and consumables; foil and film products; product coding and marking equipment; and conveyor systems. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois.


Classification

Sector: Industrials
Industry: Diversified Industrials
Keywords: S&P 500 Steel Industrial Products Pollution Applied Sciences Adhesives Refrigeration Cleaner Polymers Cooking Electronic Component Electronic Components Fastener Fasteners Food Processing Pollution Control Power Systems Welding Transportation Segment Construction Products Filler Polyester Packaging And Labeling Repair Products Ground Support Equipment Plastic Products Remanufacturing Conveyor System Epoxy Film Products Insulation Products Metal Components Pollution Control Systems Airport Ground Support Equipment Food Equipment Adhesive Arc Welding Food Processing Equipment Pressure Sensitive Adhesive

Is ITW a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 242.065
52 Week Low 188.14
Average Volume 797,665
200-Day Moving Average 219.32
50-Day Moving Average 227.59
20-Day Moving Average 225.64
10-Day Moving Average 220.15
Average True Range 3.19
ADX 28.06
+DI 9.70
-DI 33.34
Chandelier Exit (Long, 3 ATRs) 224.28
Chandelier Exit (Short, 3 ATRs) 224.14
Upper Bollinger Bands 237.66
Lower Bollinger Band 213.61
Percent B (%b) 0.09
BandWidth 10.66
MACD Line -3.33
MACD Signal Line -2.14
MACD Histogram -1.1973
Fundamentals Value
Market Cap 68.33 Billion
Num Shares 317 Million
EPS 6.60
Price-to-Earnings (P/E) Ratio 32.74
Price-to-Sales 5.39
Price-to-Book 24.92
PEG Ratio 2.93
Dividend 4.56
Dividend Yield 2.11%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 219.65
Resistance 3 (R3) 219.62 218.34 219.02
Resistance 2 (R2) 218.34 217.38 218.35 218.81
Resistance 1 (R1) 217.12 216.79 216.48 217.14 218.60
Pivot Point 215.84 215.84 215.52 215.85 215.84
Support 1 (S1) 214.61 214.88 213.97 214.64 213.18
Support 2 (S2) 213.33 214.29 213.34 212.97
Support 3 (S3) 212.11 213.33 212.76
Support 4 (S4) 212.13