US stock / ETF

Illinois Tool Works Inc.

ITW · NYSE · USD

1 hourBullish66%
1h Upside probability 66%Bullish

ITW 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $255.69 and reclaim $271.84.

Invalidation Trigger

Lose $255.69 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 50.8, MACD 0.672

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.21 (0.46%)

1h

EMA Structure

Range
EMA 8$262.58Bullish
EMA 21$262.36Bullish
EMA 50$264.58Bearish

Signals

CategoryReadStrength
Momentum
RSI 50.8 · MACD 0.672

Neutral zone

Strength
Bullish
Volatility
ATR $1.21 · BB 3.33%

Low volatility

Strength
Bullish
Volume
MFI 19.8 · OBV -31.63%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$255.69 - $271.84

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.85% · 8.4 ATR above latest close

$273.04
Nearest resistance

+3.39% · 7.4 ATR above · 34-bar high

$271.84
Current price

Price shown is delayed

$262.92
Nearest support

-2.75% · 6.0 ATR below · 34-bar low

$255.69
Deeper support zone

-3.21% · 7.0 ATR below latest close

$254.48
ATR zone

Latest close ± ATR14

$261.71 - $264.13

Indicators

Trend

Dow Theory Structure

Confirmation $264.04, invalidation $262.09

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

Trend strength is active

28.5 / 42.3 / 15.5Bullish
Supertrend (10,3)

Price is above Supertrend

$260Bullish
Ichimoku Cloud

Cloud Span A / Span B

$261.32 / $266.04Bearish
Donchian Channel (20)

20-period breakout channel position

87%Range

Volatility

ATR (14)

Low volatility

$1.21 (0.46%)Bullish
Bollinger Bands (20,2)

Width 3.33%

76%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$264.25 / $260.35Bullish
ATR channel lower / upper

Current Volatility Envelope

$261.71 / $264.13Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.84Range
Support

Nearest Downside Decision Level

$255.69Range

Momentum

RSI (14)

Neutral zone

50.8Range
MACD (12,26,9)

Histogram is positive

0.672Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.8 / 85.3Bearish
Williams %R (14)

Overbought zone

-15.2Bearish
CCI (20)

Balanced zone

80.5Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

19.8Bearish
OBV slope

20-period OBV slope

-31.63%Bearish
Volume ratio

Relative to 20-period average volume

4.40xBullish

Trend

Dow Theory Structure

Confirmation $264.04, invalidation $262.09

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

Trend strength is active

28.5 / 42.3 / 15.5Bullish
Supertrend (10,3)

Price is above Supertrend

$260Bullish
Ichimoku Cloud

Cloud Span A / Span B

$261.32 / $266.04Bearish
Donchian Channel (20)

20-period breakout channel position

87%Range

Momentum

RSI (14)

Neutral zone

50.8Range
MACD (12,26,9)

Histogram is positive

0.672Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.8 / 85.3Bearish
Williams %R (14)

Overbought zone

-15.2Bearish
CCI (20)

Balanced zone

80.5Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$1.21 (0.46%)Bullish
Bollinger Bands (20,2)

Width 3.33%

76%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$264.25 / $260.35Bullish
ATR channel lower / upper

Current Volatility Envelope

$261.71 / $264.13Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

19.8Bearish
OBV slope

20-period OBV slope

-31.63%Bearish
Volume ratio

Relative to 20-period average volume

4.40xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.84Range
Support

Nearest Downside Decision Level

$255.69Range

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