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Illinois Tool Works Inc. (ITW) Technical Analysis

$246.121.69%

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 in a downtrend↘️
  • 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
36.64
Neutral
Stochastic
4.65, 19.62
Neutral
Ultimate Oscillator
34.95
Neutral
Stochastic Relative Strength Index
53.21, 60.16
Neutral
Moving Average Convergence Divergence
-3.2, -2.77
Neutral

Moving Averages

Simple Moving Average

Period (Days)

Value

Action

10
249.76
Sell
20
250.95
Sell
50
258.29
Buy

Exponential Moving Average

Period (Days)

Value

Action

10
248.56
Sell
20
251.12
Sell
50
254.81
Buy

Volume Weighted Moving Average

Period (Days)

Value

Action

10
249.3
Neutral
20
250.34
Neutral
50
256.82
Neutral

Double Exponential Moving Average

Period (Days)

Value

Action

10
245.87
Sell
20
246.88
Sell
50
252.71
Sell

Triple Exponential Moving Average

Period (Days)

Value

Action

10
245.12
Sell
20
245.65
Sell
50
248.32
Sell

Pivot

Pivot

Value

Resistance L3
252.28
Resistance L2
250.93
Resistance L1
248.4
Pivot Point
247.05
Support L1
244.52
Support L2
243.17
Support L3
240.64

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