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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Illinois Tool Works Inc. (NYSE:ITW)

Long-Term Uptrend (+90) - ITW is in a strong uptrend that is likely to continue. While ITW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

NYSE_ITW
Open High Low ITW Price Change
269.020 269.690 267.365 267.425 -0.785
Entry Signal

MarketClub’s Trade Triangles for ITW

long term up The long-term trend has been UP since Dec 8th, 2023 at 249.640

intermediate term up The intermediate-term trend has been UP since Feb 27th, 2024 at 260.985

short term up The short-term trend has been UP since Mar 28th, 2024 at 269.190

Smart Scan Analysis for ITW

Based on our trend formula, ITW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ITW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
269.020 269.690 267.365 267.425 -0.785
Prev. Close Volume Bid Ask Time
268.210 219408 2024-03-28 12:48:20
Year High179.07Year High Date2018-01-29
Year Low119.38Year Low Date2018-10-24
52wk High271.1552wk High Date2024-03-22
52wk Low217.06452wk Low Date2023-06-01
Year End Close60.81Average Volume1,723,878
Shares Outstanding298,800Short Interest7,381,920
% Institutional79.6Market Cap51,607M
Assets155,180,000MLiabilities125,060,000M
P/E Ratio27.537Beta1.26
Volatility26.31
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