Technical Analysis for ITW - Illinois Tool Works Inc.

Grade Last Price % Change Price Change
B 269.35 1.11% 2.97
ITW closed down 0.03 percent on Wednesday, November 20, 2024, on approximately normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Support Bullish 1.11%
Hammer Candlestick Bullish 1.11%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 1.11%
Down 3 Days in a Row Weakness 1.11%
MACD Bearish Signal Line Cross Bearish 1.08%
NR7 Range Contraction 1.08%
NR7-2 Range Contraction 1.08%
Gapped Down Weakness 1.08%
NR7 Range Contraction -0.26%
Inside Day Range Contraction -0.26%

   Recent Intraday Alerts

Alert Time
Up 1% about 1 hour ago
60 Minute Opening Range Breakout about 2 hours ago
20 DMA Support about 2 hours ago
Non-ADX 1,2,3,4 Pullback Entry about 2 hours ago
Hammer Candlestick Entry about 2 hours 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 Construction Products Pollution Control Transportation Segment Packaging And Labeling Polyester Filler 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 277.58
52 Week Low 230.2899
Average Volume 826,388
200-Day Moving Average 250.11
50-Day Moving Average 260.96
20-Day Moving Average 266.18
10-Day Moving Average 270.67
Average True Range 4.18
RSI (14) 51.92
ADX 22.76
+DI 20.24
-DI 20.30
Chandelier Exit (Long, 3 ATRs) 265.03
Chandelier Exit (Short, 3 ATRs) 265.55
Upper Bollinger Bands 279.16
Lower Bollinger Band 253.19
Percent B (%b) 0.51
BandWidth 9.76
MACD Line 2.85
MACD Signal Line 3.45
MACD Histogram -0.5997
Fundamentals Value
Market Cap 80.15 Billion
Num Shares 301 Million
EPS 9.74
Price-to-Earnings (P/E) Ratio 27.35
Price-to-Sales 4.78
Price-to-Book 25.37
PEG Ratio 2.88
Dividend 5.42
Dividend Yield 2.03%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 271.03
Resistance 3 (R3) 270.86 269.13 270.26
Resistance 2 (R2) 269.13 267.95 269.22 270.00
Resistance 1 (R1) 267.76 267.22 266.90 267.93 269.74
Pivot Point 266.03 266.03 265.60 266.12 266.03
Support 1 (S1) 264.66 264.85 263.80 264.83 263.02
Support 2 (S2) 262.93 264.12 263.02 262.76
Support 3 (S3) 261.56 262.93 262.51
Support 4 (S4) 261.73