US stock / ETF

Illinois Tool Works Inc.

ITW · NYSE · USD

1 hourBullish57%
1h Upside probability 57%Bullish

ITW 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $264.15 and reclaim $274.8.

Invalidation Trigger

Lose $264.15 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateRange
Momentum mixed

RSI 54.9, MACD -0.043

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.25 (0.46%)

1h

EMA Structure

Bullish
EMA 8$272.24Bullish
EMA 21$271.48Bullish
EMA 50$270.46Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.9 · MACD -0.043

Neutral zone

Strength
Range
Volatility
ATR $1.25 · BB 2.02%

Low volatility

Strength
Bullish
Volume
MFI 61.7 · OBV -22.52%

Relative to 20-period average volume

Strength
Range
Price Levels
$264.15 - $274.8

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.38% · 3.0 ATR above latest close

$276.05
Nearest resistance

+0.93% · 2.0 ATR above · 34-bar high

$274.8
Current price

Price shown is delayed

$272.28
Nearest support

-2.99% · 6.5 ATR below · 34-bar low

$264.15
Deeper support zone

-3.44% · 7.5 ATR below latest close

$262.9
ATR zone

Latest close ± ATR14

$271.03 - $273.53

Indicators

Trend

Dow Theory Structure

Confirmation $272.81, invalidation $271.33

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

23.1 / 28.9 / 32.1Bearish
Supertrend (10,3)

Price is above Supertrend

$268.72Bullish
Ichimoku Cloud

Cloud Span A / Span B

$272.23 / $270.07Bullish
Donchian Channel (20)

20-period breakout channel position

58%Bullish

Volatility

ATR (14)

Low volatility

$1.25 (0.46%)Bullish
Bollinger Bands (20,2)

Width 2.02%

61%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$273.91 / $269.16Bullish
ATR channel lower / upper

Current Volatility Envelope

$271.03 / $273.53Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$274.8Range
Support

Nearest Downside Decision Level

$264.15Range

Momentum

RSI (14)

Neutral zone

54.9Range
MACD (12,26,9)

Histogram is negative

-0.043Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.3 / 48.2Bearish
Williams %R (14)

Neutral zone

-54.7Range
CCI (20)

Balanced zone

41.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

61.7Bullish
OBV slope

20-period OBV slope

-22.52%Bearish
Volume ratio

Relative to 20-period average volume

3.13xBullish

Trend

Dow Theory Structure

Confirmation $272.81, invalidation $271.33

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

23.1 / 28.9 / 32.1Bearish
Supertrend (10,3)

Price is above Supertrend

$268.72Bullish
Ichimoku Cloud

Cloud Span A / Span B

$272.23 / $270.07Bullish
Donchian Channel (20)

20-period breakout channel position

58%Bullish

Momentum

RSI (14)

Neutral zone

54.9Range
MACD (12,26,9)

Histogram is negative

-0.043Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.3 / 48.2Bearish
Williams %R (14)

Neutral zone

-54.7Range
CCI (20)

Balanced zone

41.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$1.25 (0.46%)Bullish
Bollinger Bands (20,2)

Width 2.02%

61%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$273.91 / $269.16Bullish
ATR channel lower / upper

Current Volatility Envelope

$271.03 / $273.53Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

61.7Bullish
OBV slope

20-period OBV slope

-22.52%Bearish
Volume ratio

Relative to 20-period average volume

3.13xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$274.8Range
Support

Nearest Downside Decision Level

$264.15Range

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