Illinois Tool Works Stock Technical Analysis
| ITW Stock | USD 254.99 0.65 0.25% |
As of the 26th of March, Illinois Tool retains the Standard Deviation of 1.35, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.07). Illinois Tool technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Illinois Tool Works variance and skewness to decide if Illinois Tool is priced fairly, providing market reflects its last-minute price of 254.99 per share. Given that Illinois Tool Works has information ratio of (0.05), we strongly advise you to confirm Illinois Tool Works's regular market performance to make sure the company can sustain itself at a future point.
Illinois Tool Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Illinois, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to IllinoisIllinois |
Illinois Tool Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 263.84 | Hold | 21 | Odds |
Most Illinois analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Illinois stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Illinois Tool Works, talking to its executives and customers, or listening to Illinois conference calls.
Illinois Tool technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Illinois Tool Works Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Illinois Tool Works volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Illinois Tool Works Trend Analysis
Use this graph to draw trend lines for Illinois Tool Works. You can use it to identify possible trend reversals for Illinois Tool as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Illinois Tool price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Illinois Tool Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Illinois Tool Works applied against its price change over selected period. The best fit line has a slop of 0.09 , which may imply that Illinois Tool Works will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 334.66, which is the sum of squared deviations for the predicted Illinois Tool price change compared to its average price change.About Illinois Tool Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Illinois Tool Works on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Illinois Tool Works based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Illinois Tool Works price pattern first instead of the macroeconomic environment surrounding Illinois Tool Works. By analyzing Illinois Tool's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Illinois Tool's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Illinois Tool specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2025 (projected) | Dividend Yield | 0.0226 | 0.0204 | 0.0136 | Price To Sales Ratio | 4.28 | 4.92 | 4.96 |
Illinois Tool March 26, 2025 Technical Indicators
Most technical analysis of Illinois 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.07) | |||
| Mean Deviation | 1.03 | |||
| Coefficient Of Variation | (2,390) | |||
| Standard Deviation | 1.35 | |||
| Variance | 1.83 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.08) | |||
| Maximum Drawdown | 8.34 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 1.95 | |||
| Skewness | (0.40) | |||
| Kurtosis | 1.63 |
Illinois Tool March 26, 2025 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Illinois stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 12,887 | ||
| Daily Balance Of Power | (0.15) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 255.29 | ||
| Day Typical Price | 255.19 | ||
| Price Action Indicator | (0.62) |
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.