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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.
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MarketClub’s Trade Triangles for ITW
The long-term trend has been DOWN since May 18th, 2023 at 223.880
The intermediate-term trend has been DOWN since May 9th, 2023 at 227.051
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).
| 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 High | 179.07 | Year High Date | 2018-01-29 |
| Year Low | 119.38 | Year Low Date | 2018-10-24 |
| 52wk High | 253.37 | 52wk High Date | 2023-02-02 |
| 52wk Low | 173.52 | 52wk Low Date | 2022-07-14 |
| Year End Close | 60.81 | Average Volume | 1,108,813 |
| Shares Outstanding | 303,903 | Short Interest | 7,381,920 |
| % Institutional | 79.6 | Market Cap | 51,607M |
| Assets | 159,210,000M | Liabilities | 128,210,000M |
| P/E Ratio | 22.5826 | Beta | 1.26 |
| Volatility | 26.31 |