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Archive - 9/25/2026 - Sign In to see current Signals. |
Illinois Tool Works (ITW) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was a second positive week after 5 consecutive negative weeks for the Illinois Tool Works (ITW). During the week, the ITW gained 4.90 points, or 1.82%, and closed at 274.32 on Friday, September 25, 2026. ITW was trading at average weekly trading volume.
Long-term trend: [See ITW long-term trend chart] A long-term uptrend had started on March 16, 2009 at 25.60 and reached 303.16 on February 12, 2026. ITW gained -277.56 points, or -1084.22%, in 882 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 170.86 and resistance is at 288.24. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See ITW medium-term trend chart] A medium-term uptrend had started on June 1, 2026 at 242.05 and reached 301.92 on July 28, 2026. ITW gained -59.87 points, or -24.73%, in 8 weeks. The price is now at the 46.10% retracement level.
Weekly Technical Indicators: [See ITW weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since September 11, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See ITW short-term trend chart] A short-term downtrend had started on July 28, 2026 at 301.92 and reached 261.35 on September 10, 2026. ITW lost 40.57 points, or 13.44%, in 44 days. The price is now at the 31.97% retracement level.
Daily Technical Indicators: [See ITW daily technical indicators chart] Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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