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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Illinois Tool Works Inc. (NYSE:ITW)
Bear Market Rally (-75) - ITW is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ITW as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ITW?
MarketClub looks at technical strength and momentum to determine if the timing is right for ITW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ITW
The long-term trend has been DOWN since Apr 17th, 2024 at 249.240
The intermediate-term trend has been DOWN since Apr 9th, 2024 at 261.550
The short-term trend has been UP since May 6th, 2024 at 245.835
Smart Scan Analysis for ITW
Based on our trend formula, ITW is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 246.69 | 247.85 | 245.93 | 247.38 | +0.24 |
| Prev. Close | Volume | Bid | Ask | Time |
| 247.40 | 444261 | 2024-05-08 15:59:44 |
| Year High | 179.07 | Year High Date | 2018-01-29 |
| Year Low | 119.38 | Year Low Date | 2018-10-24 |
| 52wk High | 271.15 | 52wk High Date | 2024-03-22 |
| 52wk Low | 217.064 | 52wk Low Date | 2023-06-01 |
| Year End Close | 60.81 | Average Volume | 1,209,456 |
| Shares Outstanding | 298,400 | Short Interest | 7,381,920 |
| % Institutional | 79.6 | Market Cap | 51,607M |
| Assets | 156,530,000M | Liabilities | 126,330,000M |
| P/E Ratio | 24.3728 | Beta | 1.26 |
| Volatility | 26.31 |