Stock Analysis: Illinois Tool Works (ITW)

Stock Analysis for Illinois Tool Works (ITW)

The Interpreter
Hey Friend, I'm analysing ILLINOIS TOOL WORKS (ITW), and it is between the Support of $ 253.36 (61.8% of Fibonacci) and the Resistance of $ 257.32 (PivotS2).

Illinois Tool Works (ITW)

$ 250.62 +0.3%

Last Close 23-Apr-24

Trade ITW Now

Supports

Next Support: $ 253.36

Pivot S3: $ 253.09
Fibonacci 61.8%: $ 253.36
Triangle Level (0): $ 251.87

Resistances

Next Resistance: $ 257.32

Pivot S2: $ 257.32
Fibonacci 100%: $ 269.24
Triangle Level (1): $ 276.33

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 22 Apr 2024	Sell Price: 249.96	Loss: Close Day2 ($ 251.76)	Dark Cloud Cover	Sell
002 01 Apr 2024	Sell Price: 265.23	Profit: Close Day1 ($ 263.93)	Abandoned Baby	Sell
003 22 Mar 2024	Sell Price: 268.66	Profit: Open Day1 ($ 267.95)	Engulfing	Sell
004 18 Mar 2024	Sell Price: 264.86	Profit: Open Day1 ($ 263.82)	Dark Cloud Cover	Sell
005 13 Mar 2024	Sell Price: 262.67	Loss: Close Day2 ($ 266.92)	Dark Cloud Cover	Sell
006 29 Feb 2024	Sell Price: 262.15	Profit: Open Day1 ($ 261.74)	Dark Cloud Cover	Sell
007 29 Dec 2023	Buy Price: 261.94	Loss: Close Day2 ($ 258.30)	Piercing Line	Buy
008 18 Dec 2023	Sell Price: 257.66	Profit: Close Day2 ($ 256.69)	Dark Cloud Cover	Sell
009 20 Nov 2023	Sell Price: 239.62	Loss: Close Day2 ($ 240.70)	Abandoned Baby	Sell
010 20 Nov 2023	Sell Price: 239.70	Loss: Close Day2 ($ 240.70)	Engulfing	Sell
011 29 Sep 2023	Sell Price: 230.31	Profit: Open Day1 ($ 229.82)	Dark Cloud Cover	Sell
012 13 Sep 2023	Buy Price: 237.91	Profit: Open Day1 ($ 240.13)	Abandoned Baby	Buy
013 13 Jul 2023	Sell Price: 249.13	Profit: Open Day1 ($ 248.91)	Abandoned Baby	Sell
014 07 Jul 2023	Buy Price: 243.81	Profit: Open Day1 ($ 243.89)	Piercing Line	Buy
015 21 Jun 2023	Buy Price: 244.93	Profit: Open Day1 ($ 245.70)	Piercing Line	Buy
016 20 Jun 2023	Sell Price: 244.06	Profit: Open Day1 ($ 242.74)	Abandoned Baby	Sell
017 12 May 2023	Buy Price: 228.52	Profit: Open Day1 ($ 229.30)	Abandoned Baby	Buy
018One Year Average	Both Sides Result for 17 Signals	Loss: $ -1.46 ($ -0.09 / Signal) -0.6% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for ITW Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	250.29	BUY	2	250.42	BUY
3	250.35	BUY	3	250.37	BUY
5	249.88	BUY	5	250.76	SELL
8	251.00	SELL	8	251.98	SELL
13	254.81	SELL	13	254.12	SELL
21	258.83	SELL	21	256.46	SELL
34	261.08	SELL	34	258.09	SELL
55	259.63	SELL	55	258.22	SELL
90	259.16	SELL	90	256.35	SELL
200	248.46	BUY	200	249.43	BUY

Company Info +

Name & IPO

Illinois Tool Works
IPO: 1973-03-13

Stock Ticker & Exchange

Ticker: ITWIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: http://www.itw.com
Phone:

Stock Type

Common Stock

SIC Office

Technology ()

Industry

General Industrial Machinery & Equipment

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.