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Stock Trend Analysis Report

Prepared for you on Tuesday, June 6, 2023.

Illinois Tool Works Inc. (NYSE:ITW)

Sidelines Mode (-55) - ITW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low ITW Price Change
224.50 229.21 223.55 229.08 -0.10
Entry Signal

MarketClub’s Trade Triangles for ITW

long term down The long-term trend has been DOWN since May 18th, 2023 at 223.880

intermediate term down The intermediate-term trend has been DOWN since May 9th, 2023 at 227.051

short term up The short-term trend has been UP since Jun 2nd, 2023 at 225.850

Smart Scan Analysis for ITW

Based on our trend formula, ITW is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ITW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
224.50 229.21 223.55 229.08 -0.10
Prev. Close Volume Bid Ask Time
229.18 680694 2023-06-06 15:59:53
Year High179.07Year High Date2018-01-29
Year Low119.38Year Low Date2018-10-24
52wk High253.3752wk High Date2023-02-02
52wk Low173.5252wk Low Date2022-07-14
Year End Close60.81Average Volume1,108,813
Shares Outstanding303,903Short Interest7,381,920
% Institutional79.6Market Cap51,607M
P/E Ratio22.5826Beta1.26
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