US stock / ETF

Illinois Tool Works Inc.

ITW · NYSE · USD

1 dayBearish58%
Daily Downside probability 58%Bearish

ITW 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $285.95 and stabilize above resistance $301.92.

Invalidation Trigger

Break above $301.92 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 46.0, MACD -2.192

Daily
Volatility EnvironmentBullish
Low volatility

ATR is $4.21 (1.49%)

Daily

EMA Structure

Range
EMA 8$285.36Bearish
EMA 21$285.95Bearish
EMA 50$279.47Bullish

Signals

CategoryReadStrength
Momentum
RSI 46.0 · MACD -2.192

Neutral zone

Strength
Bearish
Volatility
ATR $4.21 · BB 6.96%

Low volatility

Strength
Bullish
Volume
MFI 17.1 · OBV -34.43%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$263.55 - $301.92

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+8.45% · 5.7 ATR above latest close

$306.13
Nearest resistance

+6.95% · 4.7 ATR above · 34-bar high

$301.92
Current price

Price shown is delayed

$282.29
Nearest support

-6.64% · 4.5 ATR below · 34-bar low

$263.55
Deeper support zone

-8.13% · 5.5 ATR below latest close

$259.34
ATR zone

Latest close ± ATR14

$278.08 - $286.5

Indicators

Trend

Dow Theory Structure

Confirmation $297.76, invalidation $292.45

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

32.1 / 7.1 / 27.9Bearish
Supertrend (10,3)

Price is above Supertrend

$270.13Bullish
Ichimoku Cloud

Cloud Span A / Span B

$287.02 / $276.02Bearish
Donchian Channel (20)

20-period breakout channel position

6%Range

Volatility

ATR (14)

Low volatility

$4.21 (1.49%)Bullish
Bollinger Bands (20,2)

Width 6.96%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$294.43 / $277.8Bullish
ATR channel lower / upper

Current Volatility Envelope

$278.08 / $286.5Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$301.92Range
Support

Nearest Downside Decision Level

$263.55Range

Momentum

RSI (14)

Neutral zone

46.0Range
MACD (12,26,9)

Histogram is negative

-2.192Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.4 / 5.9Bullish
Williams %R (14)

Oversold zone

-93.6Bullish
CCI (20)

Weak expansion

-129.7Bearish
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

17.1Bearish
OBV slope

20-period OBV slope

-34.43%Bearish
Volume ratio

Relative to 20-period average volume

0.85xBearish

Trend

Dow Theory Structure

Confirmation $297.76, invalidation $292.45

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

32.1 / 7.1 / 27.9Bearish
Supertrend (10,3)

Price is above Supertrend

$270.13Bullish
Ichimoku Cloud

Cloud Span A / Span B

$287.02 / $276.02Bearish
Donchian Channel (20)

20-period breakout channel position

6%Range

Momentum

RSI (14)

Neutral zone

46.0Range
MACD (12,26,9)

Histogram is negative

-2.192Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.4 / 5.9Bullish
Williams %R (14)

Oversold zone

-93.6Bullish
CCI (20)

Weak expansion

-129.7Bearish
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volatility

ATR (14)

Low volatility

$4.21 (1.49%)Bullish
Bollinger Bands (20,2)

Width 6.96%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$294.43 / $277.8Bullish
ATR channel lower / upper

Current Volatility Envelope

$278.08 / $286.5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

17.1Bearish
OBV slope

20-period OBV slope

-34.43%Bearish
Volume ratio

Relative to 20-period average volume

0.85xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$301.92Range
Support

Nearest Downside Decision Level

$263.55Range

Related Forecasts