US stock / ETF

Illinois Tool Works Inc.

ITW · NYSE · USD

12 hoursBullish79%
12h Upside probability 79%Bullish

ITW 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $255.69 and reclaim $279.42.

Invalidation Trigger

Lose $255.69 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 59.2, MACD 1.460

12h
Volatility EnvironmentBullish
Low volatility

ATR is $4.09 (1.48%)

12h

EMA Structure

Range
EMA 8$273.99Bullish
EMA 21$270.65Bullish
EMA 50$270.83Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.2 · MACD 1.460

Momentum is strong

Strength
Bullish
Volatility
ATR $4.09 · BB 7.61%

Low volatility

Strength
Bullish
Volume
MFI 83.9 · OBV 64.65%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$255.69 - $279.42

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.81% · 1.9 ATR above latest close

$283.51
Nearest resistance

+1.33% · 0.9 ATR above · 34-bar high

$279.42
Current price

Price shown is delayed

$275.75
Nearest support

-7.27% · 4.9 ATR below · 34-bar low

$255.69
Deeper support zone

-8.76% · 5.9 ATR below latest close

$251.6
ATR zone

Latest close ± ATR14

$271.66 - $279.84

Indicators

Trend

Dow Theory Structure

Confirmation $276.18, invalidation $269.39

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

Trend strength is active

27.8 / 25.3 / 13.5Bullish
Supertrend (10,3)

Price is above Supertrend

$262.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$269.63 / $270.06Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Volatility

ATR (14)

Low volatility

$4.09 (1.48%)Bullish
Bollinger Bands (20,2)

Width 7.61%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$279.3 / $262.22Bullish
ATR channel lower / upper

Current Volatility Envelope

$271.66 / $279.84Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$279.42Range
Support

Nearest Downside Decision Level

$255.69Range

Momentum

RSI (14)

Momentum is strong

59.2Bullish
MACD (12,26,9)

Histogram is positive

1.460Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

78.9 / 90.8Bearish
Williams %R (14)

Neutral zone

-21.1Range
CCI (20)

Strong expansion

117.7Bullish
TD Sequential

Exhaustion setup is near completion

sell 12Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

83.9Bullish
OBV slope

20-period OBV slope

64.65%Bullish
Volume ratio

Relative to 20-period average volume

1.37xBullish

Trend

Dow Theory Structure

Confirmation $276.18, invalidation $269.39

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

Trend strength is active

27.8 / 25.3 / 13.5Bullish
Supertrend (10,3)

Price is above Supertrend

$262.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$269.63 / $270.06Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Momentum

RSI (14)

Momentum is strong

59.2Bullish
MACD (12,26,9)

Histogram is positive

1.460Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

78.9 / 90.8Bearish
Williams %R (14)

Neutral zone

-21.1Range
CCI (20)

Strong expansion

117.7Bullish
TD Sequential

Exhaustion setup is near completion

sell 12Bearish

Volatility

ATR (14)

Low volatility

$4.09 (1.48%)Bullish
Bollinger Bands (20,2)

Width 7.61%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$279.3 / $262.22Bullish
ATR channel lower / upper

Current Volatility Envelope

$271.66 / $279.84Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

83.9Bullish
OBV slope

20-period OBV slope

64.65%Bullish
Volume ratio

Relative to 20-period average volume

1.37xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$279.42Range
Support

Nearest Downside Decision Level

$255.69Range

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