US stock / ETF

Illinois Tool Works Inc.

ITW · NYSE · USD

1 dayBullish92%
Daily Upside probability 92%Bullish

ITW 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $261 and reclaim $301.92.

Invalidation Trigger

Lose $261 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 63.6, MACD 0.677

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $7.54 (2.59%)

Daily

EMA Structure

Bullish
EMA 8$286.8Bullish
EMA 21$280.17Bullish
EMA 50$272.12Bullish

Signals

CategoryReadStrength
Momentum
RSI 63.6 · MACD 0.677

Momentum is strong

Strength
Bullish
Volatility
ATR $7.54 · BB 12.69%

Medium volatility

Strength
Range
Volume
MFI 49.2 · OBV 16.00%

Relative to 20-period average volume

Strength
Range
Price Levels
$261 - $301.92

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+6.35% · 2.5 ATR above latest close

$309.46
Nearest resistance

+3.76% · 1.5 ATR above · 34-bar high

$301.92
Current price

Price shown is delayed

$290.97
Nearest support

-10.3% · 4.0 ATR below · 34-bar low

$261
Deeper support zone

-12.89% · 5.0 ATR below latest close

$253.46
ATR zone

Latest close ± ATR14

$283.43 - $298.51

Indicators

Trend

Dow Theory Structure

Confirmation $301.92, invalidation $281.87

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

Trend strength is active

37.4 / 41.8 / 15.8Bullish
Supertrend (10,3)

Price is above Supertrend

$267.22Bullish
Ichimoku Cloud

Cloud Span A / Span B

$284.67 / $271.99Bullish
Donchian Channel (20)

20-period breakout channel position

71%Bullish

Volatility

ATR (14)

Medium volatility

$7.54 (2.59%)Range
Bollinger Bands (20,2)

Width 12.69%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$295.56 / $265.65Range
ATR channel lower / upper

Current Volatility Envelope

$283.43 / $298.51Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$301.92Range
Support

Nearest Downside Decision Level

$261Range

Momentum

RSI (14)

Momentum is strong

63.6Bullish
MACD (12,26,9)

Histogram is positive

0.677Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.7 / 59.6Bullish
Williams %R (14)

Neutral zone

-34.3Range
CCI (20)

Balanced zone

97.6Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.2Range
OBV slope

20-period OBV slope

16.00%Bullish
Volume ratio

Relative to 20-period average volume

0.02xBearish

Trend

Dow Theory Structure

Confirmation $301.92, invalidation $281.87

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

Trend strength is active

37.4 / 41.8 / 15.8Bullish
Supertrend (10,3)

Price is above Supertrend

$267.22Bullish
Ichimoku Cloud

Cloud Span A / Span B

$284.67 / $271.99Bullish
Donchian Channel (20)

20-period breakout channel position

71%Bullish

Momentum

RSI (14)

Momentum is strong

63.6Bullish
MACD (12,26,9)

Histogram is positive

0.677Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.7 / 59.6Bullish
Williams %R (14)

Neutral zone

-34.3Range
CCI (20)

Balanced zone

97.6Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$7.54 (2.59%)Range
Bollinger Bands (20,2)

Width 12.69%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$295.56 / $265.65Range
ATR channel lower / upper

Current Volatility Envelope

$283.43 / $298.51Range

Volume / Money Flow

MFI (14)

Money flow is neutral

49.2Range
OBV slope

20-period OBV slope

16.00%Bullish
Volume ratio

Relative to 20-period average volume

0.02xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$301.92Range
Support

Nearest Downside Decision Level

$261Range

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