US stock / ETF

Illinois Tool Works Inc.

ITW · NYSE · USD

12 hoursBullish92%
12h Upside probability 92%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 $263.44 and reclaim $301.92.

Invalidation Trigger

Lose $263.44 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 60.9, MACD 0.484

12h
Volatility EnvironmentRange
Low volatility

ATR is $5.9 (2.05%)

12h

EMA Structure

Bullish
EMA 8$286.37Bullish
EMA 21$281.03Bullish
EMA 50$273.52Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.9 · MACD 0.484

Momentum is strong

Strength
Bullish
Volatility
ATR $5.9 · BB 10.33%

Low volatility

Strength
Range
Volume
MFI 61.1 · OBV 5.20%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$263.44 - $301.92

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.7% · 3.3 ATR above latest close

$307.82
Nearest resistance

+4.66% · 2.3 ATR above · 34-bar high

$301.92
Current price

Price shown is delayed

$288.49
Nearest support

-8.68% · 4.2 ATR below · 34-bar low

$263.44
Deeper support zone

-10.73% · 5.2 ATR below latest close

$257.54
ATR zone

Latest close ± ATR14

$282.59 - $294.39

Indicators

Trend

Dow Theory Structure

Confirmation $301.92, invalidation $271.27

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

Trend strength is active

30.6 / 45.4 / 11.0Bullish
Supertrend (10,3)

Price is above Supertrend

$266.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$286.06 / $276.02Bullish
Donchian Channel (20)

20-period breakout channel position

59%Range

Volatility

ATR (14)

Low volatility

$5.9 (2.05%)Range
Bollinger Bands (20,2)

Width 10.33%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$296.11 / $266.66Range
ATR channel lower / upper

Current Volatility Envelope

$282.59 / $294.39Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$301.92Range
Support

Nearest Downside Decision Level

$263.44Range

Momentum

RSI (14)

Momentum is strong

60.9Bullish
MACD (12,26,9)

Histogram is positive

0.484Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.3 / 49.9Bullish
Williams %R (14)

Neutral zone

-43.7Range
CCI (20)

Balanced zone

88.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

61.1Bullish
OBV slope

20-period OBV slope

5.20%Bullish
Volume ratio

Relative to 20-period average volume

1.10xBullish

Trend

Dow Theory Structure

Confirmation $301.92, invalidation $271.27

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

Trend strength is active

30.6 / 45.4 / 11.0Bullish
Supertrend (10,3)

Price is above Supertrend

$266.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$286.06 / $276.02Bullish
Donchian Channel (20)

20-period breakout channel position

59%Range

Momentum

RSI (14)

Momentum is strong

60.9Bullish
MACD (12,26,9)

Histogram is positive

0.484Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.3 / 49.9Bullish
Williams %R (14)

Neutral zone

-43.7Range
CCI (20)

Balanced zone

88.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$5.9 (2.05%)Range
Bollinger Bands (20,2)

Width 10.33%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$296.11 / $266.66Range
ATR channel lower / upper

Current Volatility Envelope

$282.59 / $294.39Range

Volume / Money Flow

MFI (14)

Money flow is strong

61.1Bullish
OBV slope

20-period OBV slope

5.20%Bullish
Volume ratio

Relative to 20-period average volume

1.10xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$301.92Range
Support

Nearest Downside Decision Level

$263.44Range

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