USA Stock ITW Historical charts - Illinois Tool Works Inc.

Historical charts for Stock ITW - Share Illinois Tool Works Inc. trades in USA under Technology Deals in Industrial Machinery Components

Technical analysis forecast of ITW Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in ITW ITW at this time. Stock is rising and might rise more.

It appears as if ITW ITW gave a large move recently.

Stock of ITW (ITW) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of ITW is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if ITW stays above 238.9, but if it comes below 238.9, then a intra day sell could be more profitable.
If you take a sell trade below 238.9, then use 238.9 as stoploss and 234.06 as target. However if you take a buy trade in ITW, then use 238.9 as stoploss and 244.7 as target.

Tomorrow's movement Prediction of ITW appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.

Tomorrow's movement Prediction of ITW is showing signs of strength. Either there is a positive sentiment following this stock or an Elephant got in here.

Tomorrow's movement Prediction of ITW is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 235.5

Munafa value: 80

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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