Illinois Tool Works Inc. (ITW) Technical Analysis

$259.96▲0.49%

Insights

Illinois Tool Works is currently in a favorable trading position ( BUY ) 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 in a uptrend ↗️
Based on analysis of the Pivot Points, the current market trend for Illinois Tool Works stock suggests that it is a good time to buy

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	55.26	Neutral
Stochastic	69.52, 69.57	Neutral
Ultimate Oscillator	46.45	Neutral
Stochastic Relative Strength Index	50.63, 53.76	Neutral
Moving Average Convergence Divergence	2.29, 2.12	Buy

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	259.12	Buy
20	255.21	Buy
50	251.51	Sell

Exponential Moving Average

Period (Days)	Value	Action
10	258.11	Buy
20	256.3	Buy
50	253.65	Sell

Volume Weighted Moving Average

Period (Days)	Value	Action
10	259.12	Neutral
20	254.81	Neutral
50	251.38	Neutral

Double Exponential Moving Average

Period (Days)	Value	Action
10	259.8	Buy
20	259.33	Buy
50	255.17	Buy

Triple Exponential Moving Average

Period (Days)	Value	Action
10	259.56	Sell
20	260.25	Buy
50	258.4	Buy

Pivot

Pivot	Value
Resistance L3	263.35
Resistance L2	261.82
Resistance L1	260.48
Pivot Point	258.95
Support L1	257.61
Support L2	256.08
Support L3	254.74

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