Technical Analysis for ITW - Illinois Tool Works Inc.

Grade Last Price % Change Price Change
D 248.28 0.05% 0.12
ITW closed up 0.05 percent on Friday, April 26, 2024, on 72 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: Apr 30
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Multiple of Ten Bearish Other 0.00%
Inside Day Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
180 Bearish Setup Bearish Swing Setup 0.05%
Reversal New Lows Setup Bearish Swing Setup 0.05%
Multiple of Ten Bearish Other 0.05%
Outside Day Range Expansion 0.05%
Gapped Down Weakness 0.05%
Oversold Stochastic Weakness 0.05%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 18 hours ago
Possible Inside Day about 18 hours ago
Gap Down Partially Closed 2 days ago
Gap Down Closed 2 days ago
Outside Day 2 days ago

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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 Applied Sciences Refrigeration Adhesives Pollution Polymers Cooking Electronic Components Fasteners Power Systems Food Processing Welding Pollution Control Transportation Segment Construction Products Filler Packaging And Labeling Polyester Plastic Products Repair Products Ground Support Equipment Remanufacturing Insulation Products Conveyor System Epoxy Film Products Pollution Control Systems Airport Ground Support Equipment Arc Welding Food Equipment Metal Components 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 269.7202
52 Week Low 212.3518
Average Volume 1,321,158
200-Day Moving Average 246.15
50-Day Moving Average 259.05
20-Day Moving Average 255.79
10-Day Moving Average 250.27
Average True Range 3.40
RSI (14) 31.97
ADX 22.91
+DI 13.16
-DI 26.95
Chandelier Exit (Long, 3 ATRs) 259.48
Chandelier Exit (Short, 3 ATRs) 257.35
Upper Bollinger Bands 268.05
Lower Bollinger Band 243.53
Percent B (%b) 0.19
BandWidth 9.59
MACD Line -3.50
MACD Signal Line -2.75
MACD Histogram -0.752
Fundamentals Value
Market Cap 74.7 Billion
Num Shares 301 Million
EPS 9.74
Price-to-Earnings (P/E) Ratio 25.49
Price-to-Sales 4.78
Price-to-Book 25.37
PEG Ratio 2.88
Dividend 5.42
Dividend Yield 2.18%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 251.73
Resistance 3 (R3) 251.95 251.02 251.16
Resistance 2 (R2) 251.02 250.14 250.91 250.96
Resistance 1 (R1) 249.65 249.60 250.34 249.43 250.77
Pivot Point 248.72 248.72 249.06 248.61 248.72
Support 1 (S1) 247.35 247.84 248.04 247.13 245.79
Support 2 (S2) 246.42 247.30 246.31 245.60
Support 3 (S3) 245.05 246.42 245.41
Support 4 (S4) 244.83