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Stock Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

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.

NYSE_ITW
Open High Low ITW Price Change
239.54 241.77 239.30 240.51 +1.56
Entry Signal

MarketClub’s Trade Triangles for ITW

long term down The long-term trend has been DOWN since Apr 17th, 2024 at 249.24

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2024 at 261.55

short term up The short-term trend has been UP since Jun 18th, 2024 at 240.78

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).

-55
Smart Scan Analysis for ITW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
239.54 241.77 239.30 240.51 +1.56
Prev. Close Volume Bid Ask Time
240.49 630013 2024-06-18 15:59:11
Year High179.07Year High Date2018-01-29
Year Low119.38Year Low Date2018-10-24
52wk High271.1552wk High Date2024-03-22
52wk Low217.552wk Low Date2023-10-24
Year End Close60.81Average Volume1,038,003
Shares Outstanding298,400Short Interest7,381,920
% Institutional79.6Market Cap51,607M
Assets156,530,000MLiabilities126,330,000M
P/E Ratio23.717Beta1.26
Volatility26.31
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