US stock / ETF

Illinois Tool Works Inc.

ITW · NYSE · USD

1 monthBullish73%
Monthly Upside probability 73%Bullish

ITW 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $214.66 and reclaim $303.16.

Invalidation Trigger

Lose $214.66 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 51.4, MACD -0.143

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $23.47 (8.93%)

Monthly

EMA Structure

Bullish
EMA 8$265.78Bearish
EMA 21$260.9Bullish
EMA 50$247.04Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.4 · MACD -0.143

Neutral zone

Strength
Range
Volatility
ATR $23.47 · BB 21.41%

High volatility

Strength
Bearish
Volume
MFI 53.4 · OBV 3.27%

Relative to 20-period average volume

Strength
Range
Price Levels
$214.66 - $303.16

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+24.23% · 2.7 ATR above latest close

$326.62
Nearest resistance

+15.3% · 1.7 ATR above · 34-bar high

$303.16
Current price

Price shown is delayed

$262.92
Nearest support

-18.36% · 2.1 ATR below · 34-bar low

$214.66
Deeper support zone

-27.28% · 3.1 ATR below latest close

$191.19
ATR zone

Latest close ± ATR14

$239.45 - $286.39

Indicators

Trend

Dow Theory Structure

Confirmation $301.92, invalidation $242.05

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

Trend strength is active

23.4 / 28.1 / 17.0Bullish
Supertrend (10,3)

Price is above Supertrend

$179.28Bullish
Ichimoku Cloud

Cloud Span A / Span B

$265.76 / $238.34Bearish
Donchian Channel (20)

20-period breakout channel position

55%Range

Volatility

ATR (14)

High volatility

$23.47 (8.93%)Bearish
Bollinger Bands (20,2)

Width 21.41%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$315.14 / $207.44Bearish
ATR channel lower / upper

Current Volatility Envelope

$239.45 / $286.39Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$303.16Range
Support

Nearest Downside Decision Level

$214.66Range

Momentum

RSI (14)

Neutral zone

51.4Range
MACD (12,26,9)

Histogram is negative

-0.143Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.5 / 43.1Bearish
Williams %R (14)

Neutral zone

-62.5Range
CCI (20)

Balanced zone

11.4Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.4Range
OBV slope

20-period OBV slope

3.27%Bullish
Volume ratio

Relative to 20-period average volume

0.14xBearish

Trend

Dow Theory Structure

Confirmation $301.92, invalidation $242.05

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

Trend strength is active

23.4 / 28.1 / 17.0Bullish
Supertrend (10,3)

Price is above Supertrend

$179.28Bullish
Ichimoku Cloud

Cloud Span A / Span B

$265.76 / $238.34Bearish
Donchian Channel (20)

20-period breakout channel position

55%Range

Momentum

RSI (14)

Neutral zone

51.4Range
MACD (12,26,9)

Histogram is negative

-0.143Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.5 / 43.1Bearish
Williams %R (14)

Neutral zone

-62.5Range
CCI (20)

Balanced zone

11.4Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$23.47 (8.93%)Bearish
Bollinger Bands (20,2)

Width 21.41%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$315.14 / $207.44Bearish
ATR channel lower / upper

Current Volatility Envelope

$239.45 / $286.39Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.4Range
OBV slope

20-period OBV slope

3.27%Bullish
Volume ratio

Relative to 20-period average volume

0.14xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$303.16Range
Support

Nearest Downside Decision Level

$214.66Range

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