US stock / ETF

Illinois Tool Works Inc.

ITW · NYSE · USD

1 dayBullish88%
Daily Upside probability 88%Bullish

ITW 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $255.69 and reclaim $279.71.

Invalidation Trigger

Lose $255.69 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 57.3, MACD 1.724

Daily
Volatility EnvironmentRange
Low volatility

ATR is $5.24 (1.9%)

Daily

EMA Structure

Range
EMA 8$273.87Bullish
EMA 21$270.88Bullish
EMA 50$271.57Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.3 · MACD 1.724

Momentum is strong

Strength
Bullish
Volatility
ATR $5.24 · BB 8.88%

Low volatility

Strength
Range
Volume
MFI 77.9 · OBV 98.65%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$255.69 - $279.71

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.34% · 1.8 ATR above latest close

$284.95
Nearest resistance

+1.44% · 0.8 ATR above · 34-bar high

$279.71
Current price

Price shown is delayed

$275.75
Nearest support

-7.27% · 3.8 ATR below · 34-bar low

$255.69
Deeper support zone

-9.17% · 4.8 ATR below latest close

$250.45
ATR zone

Latest close ± ATR14

$270.51 - $280.99

Indicators

Trend

Dow Theory Structure

Confirmation $276.19, invalidation $259.09

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

22.4 / 34.8 / 15.5Bullish
Supertrend (10,3)

Price is above Supertrend

$260.99Bullish
Ichimoku Cloud

Cloud Span A / Span B

$269.49 / $275.4Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Volatility

ATR (14)

Low volatility

$5.24 (1.9%)Range
Bollinger Bands (20,2)

Width 8.88%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$280.75 / $261.13Range
ATR channel lower / upper

Current Volatility Envelope

$270.51 / $280.99Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$279.71Range
Support

Nearest Downside Decision Level

$255.69Range

Momentum

RSI (14)

Momentum is strong

57.3Bullish
MACD (12,26,9)

Histogram is positive

1.724Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

80.8 / 90.7Bearish
Williams %R (14)

Overbought zone

-19.2Bearish
CCI (20)

Strong expansion

105.6Bullish
TD Sequential

Exhaustion setup is near completion

sell 9Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

77.9Bullish
OBV slope

20-period OBV slope

98.65%Bullish
Volume ratio

Relative to 20-period average volume

0.57xBearish

Trend

Dow Theory Structure

Confirmation $276.19, invalidation $259.09

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

22.4 / 34.8 / 15.5Bullish
Supertrend (10,3)

Price is above Supertrend

$260.99Bullish
Ichimoku Cloud

Cloud Span A / Span B

$269.49 / $275.4Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Momentum

RSI (14)

Momentum is strong

57.3Bullish
MACD (12,26,9)

Histogram is positive

1.724Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

80.8 / 90.7Bearish
Williams %R (14)

Overbought zone

-19.2Bearish
CCI (20)

Strong expansion

105.6Bullish
TD Sequential

Exhaustion setup is near completion

sell 9Bearish

Volatility

ATR (14)

Low volatility

$5.24 (1.9%)Range
Bollinger Bands (20,2)

Width 8.88%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$280.75 / $261.13Range
ATR channel lower / upper

Current Volatility Envelope

$270.51 / $280.99Range

Volume / Money Flow

MFI (14)

Money flow is strong

77.9Bullish
OBV slope

20-period OBV slope

98.65%Bullish
Volume ratio

Relative to 20-period average volume

0.57xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$279.71Range
Support

Nearest Downside Decision Level

$255.69Range

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