Illinois Tool Works Stock Momentum Indicators Commodity Channel Index

ITW Stock  USD 246.46  5.50  2.18%   
Illinois Tool momentum indicators tool provides the execution environment for running the Commodity Channel Index indicator and other technical functions against Illinois Tool. Illinois Tool value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Commodity Channel Index indicator function is designed to identify and follow existing trends. Momentum indicators of Illinois Tool are pattern recognition functions that provide distinct formation on Illinois Tool potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was six with a total number of output elements of fifty-five. The Commodity Channel Index (CCI) is designed to detect Illinois Tool beginning and ending market trends using 100 to -100 scale. CCI values outside of this range indicate overbought or oversold conditions. If the price of Illinois Tool Works is making new highs, and the CCI is not, then a price correction is likely to happen soon.

Illinois Tool Technical Analysis Modules

Most technical analysis of Illinois Tool help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Illinois from various momentum indicators to cycle indicators. When you analyze Illinois charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Illinois Tool Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Illinois Tool Works. We use our internally-developed statistical techniques to arrive at the intrinsic value of Illinois Tool Works based on widely used predictive technical indicators. In general, we focus on analyzing Illinois Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Illinois Tool's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Illinois Tool's intrinsic value. In addition to deriving basic predictive indicators for Illinois Tool, we also check how macroeconomic factors affect Illinois Tool price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2025 (projected)
Dividend Yield0.02260.02040.0136
Price To Sales Ratio4.284.924.96
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Illinois Tool's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
245.04246.43247.82
Details
Intrinsic
Valuation
LowRealHigh
221.81258.45259.84
Details
Naive
Forecast
LowNextHigh
245.65247.04248.42
Details
21 Analysts
Consensus
LowTargetHigh
240.10263.84292.86
Details

Be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Generate Optimal Portfolios

Align your risk and return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Additional Tools for Illinois Stock Analysis

When running Illinois Tool's price analysis, check to measure Illinois Tool's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Illinois Tool is operating at the current time. Most of Illinois Tool's value examination focuses on studying past and present price action to predict the probability of Illinois Tool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Illinois Tool's price. Additionally, you may evaluate how the addition of Illinois Tool to your portfolios can decrease your overall portfolio volatility.