US stock / ETF

Illinois Tool Works Inc.

ITW · NYSE · USD

1 hourBullish88%
1h Upside probability 88%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 $281.87 and reclaim $298.05.

Invalidation Trigger

Lose $281.87 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 53.9, MACD 0.243

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.4 (0.49%)

1h

EMA Structure

Bullish
EMA 8$287.39Bullish
EMA 21$287.28Bullish
EMA 50$286.76Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.9 · MACD 0.243

Neutral zone

Strength
Bullish
Volatility
ATR $1.4 · BB 2.64%

Low volatility

Strength
Bullish
Volume
MFI 83.5 · OBV -23.04%

Relative to 20-period average volume

Strength
Range
Price Levels
$281.87 - $298.05

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.8% · 7.8 ATR above latest close

$299.45
Nearest resistance

+3.31% · 6.8 ATR above · 34-bar high

$298.05
Current price

Price shown is delayed

$288.49
Nearest support

-2.29% · 4.7 ATR below · 34-bar low

$281.87
Deeper support zone

-2.78% · 5.7 ATR below latest close

$280.47
ATR zone

Latest close ± ATR14

$287.09 - $289.89

Indicators

Trend

Dow Theory Structure

Confirmation $291.75, invalidation $285.81

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

Trend strength is active

33.8 / 49.0 / 19.0Bullish
Supertrend (10,3)

Price is above Supertrend

$283.91Bullish
Ichimoku Cloud

Cloud Span A / Span B

$288.92 / $291.9Bearish
Donchian Channel (20)

20-period breakout channel position

67%Range

Volatility

ATR (14)

Low volatility

$1.4 (0.49%)Bullish
Bollinger Bands (20,2)

Width 2.64%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$290.32 / $284.22Bullish
ATR channel lower / upper

Current Volatility Envelope

$287.09 / $289.89Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$298.05Range
Support

Nearest Downside Decision Level

$281.87Range

Momentum

RSI (14)

Neutral zone

53.9Range
MACD (12,26,9)

Histogram is positive

0.243Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.2 / 47.1Bearish
Williams %R (14)

Neutral zone

-53.8Range
CCI (20)

Strong expansion

104.8Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

83.5Bullish
OBV slope

20-period OBV slope

-23.04%Bearish
Volume ratio

Relative to 20-period average volume

2.61xBullish

Trend

Dow Theory Structure

Confirmation $291.75, invalidation $285.81

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

Trend strength is active

33.8 / 49.0 / 19.0Bullish
Supertrend (10,3)

Price is above Supertrend

$283.91Bullish
Ichimoku Cloud

Cloud Span A / Span B

$288.92 / $291.9Bearish
Donchian Channel (20)

20-period breakout channel position

67%Range

Momentum

RSI (14)

Neutral zone

53.9Range
MACD (12,26,9)

Histogram is positive

0.243Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.2 / 47.1Bearish
Williams %R (14)

Neutral zone

-53.8Range
CCI (20)

Strong expansion

104.8Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$1.4 (0.49%)Bullish
Bollinger Bands (20,2)

Width 2.64%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$290.32 / $284.22Bullish
ATR channel lower / upper

Current Volatility Envelope

$287.09 / $289.89Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

83.5Bullish
OBV slope

20-period OBV slope

-23.04%Bearish
Volume ratio

Relative to 20-period average volume

2.61xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$298.05Range
Support

Nearest Downside Decision Level

$281.87Range

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