US stock / ETF

Illinois Tool Works Inc.

ITW · NYSE · USD

12 hoursBullish83%
12h Upside probability 83%Bullish

ITW 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $250.11 and reclaim $275.98.

Invalidation Trigger

Lose $250.11 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 59.5, MACD -0.346

12h
Volatility EnvironmentRange
Low volatility

ATR is $4.77 (1.75%)

12h

EMA Structure

Bullish
EMA 8$270.34Bullish
EMA 21$267.9Bullish
EMA 50$263.79Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.5 · MACD -0.346

Momentum is strong

Strength
Bullish
Volatility
ATR $4.77 · BB 5.83%

Low volatility

Strength
Range
Volume
MFI 43.7 · OBV 2.68%

Relative to 20-period average volume

Strength
Range
Price Levels
$250.11 - $275.98

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.11% · 1.8 ATR above latest close

$280.75
Nearest resistance

+1.36% · 0.8 ATR above · 34-bar high

$275.98
Current price

Price shown is delayed

$272.28
Nearest support

-8.14% · 4.6 ATR below · 34-bar low

$250.11
Deeper support zone

-9.89% · 5.6 ATR below latest close

$245.34
ATR zone

Latest close ± ATR14

$267.51 - $277.05

Indicators

Trend

Dow Theory Structure

Confirmation $275.98, invalidation $264.15

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

Trend strength is active

38.7 / 20.5 / 25.3Bearish
Supertrend (10,3)

Price is above Supertrend

$260.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$268.86 / $258.99Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Volatility

ATR (14)

Low volatility

$4.77 (1.75%)Range
Bollinger Bands (20,2)

Width 5.83%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$276.27 / $259.97Range
ATR channel lower / upper

Current Volatility Envelope

$267.51 / $277.05Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$275.98Range
Support

Nearest Downside Decision Level

$250.11Range

Momentum

RSI (14)

Momentum is strong

59.5Bullish
MACD (12,26,9)

Histogram is negative

-0.346Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

70.5 / 64.7Bullish
Williams %R (14)

Neutral zone

-29.5Range
CCI (20)

Balanced zone

85.6Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.7Bearish
OBV slope

20-period OBV slope

2.68%Bullish
Volume ratio

Relative to 20-period average volume

0.59xBearish

Trend

Dow Theory Structure

Confirmation $275.98, invalidation $264.15

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

Trend strength is active

38.7 / 20.5 / 25.3Bearish
Supertrend (10,3)

Price is above Supertrend

$260.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$268.86 / $258.99Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Momentum

RSI (14)

Momentum is strong

59.5Bullish
MACD (12,26,9)

Histogram is negative

-0.346Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

70.5 / 64.7Bullish
Williams %R (14)

Neutral zone

-29.5Range
CCI (20)

Balanced zone

85.6Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$4.77 (1.75%)Range
Bollinger Bands (20,2)

Width 5.83%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$276.27 / $259.97Range
ATR channel lower / upper

Current Volatility Envelope

$267.51 / $277.05Range

Volume / Money Flow

MFI (14)

Money flow is weak

43.7Bearish
OBV slope

20-period OBV slope

2.68%Bullish
Volume ratio

Relative to 20-period average volume

0.59xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$275.98Range
Support

Nearest Downside Decision Level

$250.11Range

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