Trading Signals: ITW Stock Price Prediction and Forecast

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Fri. Dec. 5, 2014

Trading Signals: ITW Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Wed. Sep. 27, 2023)

(Illinois Tool Works Inc.)
ITW latest price $87.9582 (0.54%) ($87.3032 - $88.3948) on Fri. Dec. 5, 2014.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.08% (three month average)
RSI   69
Latest Price   $87.9582(0.54%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ITW advances 0.4% a day on average for past five trading days.
Weekly Trend   ITW advances 0.7% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support ITW advance at 0% a week (0% probability)
EWI(26%)    XLI(26%)    EWG(25%)    IVE(25%)    VT(25%)
Factors Impacting ITW price   ITW will decline at least -0.54% in a week (0% probabilities).
VIXM(-52%)    IGOV(-8%)    TLT(-5%)    UUP(-4%)    SHY(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.54% (StdDev 1.08%)
Hourly BBV 0 ()
Intraday Trend 0.6%

5 Day Moving Average   $87.14(0.94%)
10 Day Moving Average   $87.08(1.01%)
20 Day Moving Average   $86.22(2.02%)
To recent high   -0.1%
To recent low   22.1%
Market Cap   $27.812b

Illinois Tool Works, Inc. manufactures industrial products and equipment. It operates through the following segments: Automotive OEM, Test & Measurement and Electronics, Food Equipment, Polymers & Fluids, Welding, Construction Products, and Specialty Products. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Test & Measurement and Electronics segment manufactures equipment, consumables, and related software for testing and measuring of materials, structures, gases and fluids. The Food Equipment segment supplies commercial food equipment and provides related services. The Polymers & Fluids segment provides adhesives, sealants, lubrication and cutting fluids, janitorial and hygiene products, and fluids and polymers for auto aftermarket maintenance and appearance. The Welding segment furnishes arc welding equipment, consumables and accessories for a wide array of industrial and commercial applications. The Construction Products segment makes construction fastening systems and truss products. The Specialty Products segment manufacturing beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. The company was founded by Byron L. Smith in 1912 and is headquartered in Glenview, IL.

$. ITW price fluctuates within 1.36% (three month std-dev: 1.08%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20150105

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Dec_5_2014	79.79	86.22	87.08	87.14			87.96(0.54%)	UT	OpenLong	75	0.7	16	-10000	7	41	1.55	59%	0.14	81.6	1.08%	0	1.5	69	0
2	Dec_4_2014	79.68	86.04	86.93	86.82			87.49(-0.65%)	UD	OpenLong	75	0.6	13	-10000	3	42	1.9	59%	0.13	87.9	1.08%	0	1.3	73	0
3	Dec_3_2014	79.58	85.85	86.79	86.7			88.06(1.92%)	UT	OpenLong	75	1.1	15	-10000	4	46	1.79	59%	0.13	88.7	1.08%	0	1.8	71	0
4	Dec_2_2014	79.48	85.58	86.59	86.51			86.4(0.71%)	UD	OpenLong	65	-0.1	9	-10000	-4	47	1.83	57%	0.1	84.5	1.06%	0	0.6	66	0
5	Dec_1_2014	79.4	85.41	86.51	86.71			85.79(-0.65%)	UD	OpenLong	65	-0.7	11	-10000	-6	60	1.91	57%	0.11	89.6	1.06%	0	0.3	62	0

6	Nov_28_2014	79.31	85.27	86.49	87			86.36(-0.63%)	UD	OpenLong	75	-0.4	20	-10000	-0	81	1.04	57%	0.11	98.9	1.05%	0	0.7	70	0
7	Nov_26_2014	79.22	85.05	86.3	87.02			86.9(-0.2%)	UD	OpenLong	75	-0.1	23	-10000	3	84	1.75	55%	0.11	91.7	1.04%	0	1.1	74	0
8	Nov_25_2014	79.13	84.79	86.1	86.86			87.08(-0.39%)	UD	OpenLong	75	0.1	25	-10000	4	88	2	55%	0.1	96.2	1.05%	0	1.3	82	0
9	Nov_24_2014	79.05	84.52	85.85	86.68			87.41(0.2%)	UT	HoldLong	65	0.4	30	-10000	8	97	1.04	55%	0.1	96	1.05%	0	1.5	88	0
10	Nov_21_2014	78.97	84.18	85.57	86.3			87.24(0.86%)	UT	HoldLong	65	0.5	31	-10000	9	97	1.62	55%	0.1	99.1	1.05%	0	1.6	87	0

11	Nov_20_2014	78.89	83.82	85.28	85.91			86.49(0.45%)	UT	HoldLong	65	0.3	31	-10000	10	95	1.73	56%	0.1	101.7	1.05%	0	1.3	83	0
12	Nov_19_2014	78.81	83.47	85.08	85.47			86.1(-0.06%)	UD	OpenLong	75	0.3	28	-10000	6	95	1.51	56%	0.09	97	1.05%	0	1.2	86	0
13	Nov_18_2014	78.74	83.1	84.81	85.21			86.16(0.78%)	UT	HoldLong	65	0.4	30	-10000	7	100	1.66	58%	0.09	101.8	1.05%	0	1.3	87	0
14	Nov_17_2014	78.67	82.73	84.47	84.9			85.49(0.21%)	UT	HoldLong	65	0.2	27	-10000	4	95	1.78	58%	0.06	97.1	1.05%	0	1.1	82	0
15	Nov_14_2014	78.62	82.27	84.2	84.74			85.31(1.21%)	UT	HoldLong	65	0.2	30	-10000	4	106	2.35	59%	0.08	94.7	1.05%	0	1.1	85	0

16	Nov_13_2014	78.56	81.81	83.95	84.56			84.29(-0.61%)	UD	OpenLong	65	-0.1	29	-10000	-1	117	2.17	59%	0.06	92.6	1.05%	0	0.8	84	0
17	Nov_12_2014	78.51	81.39	83.72	84.61			84.81(0.25%)	UT	HoldLong	65	0.1	40	-10000	6	141	1.28	59%	0.06	86.1	1.05%	0	1	91	0
18	Nov_11_2014	78.46	80.85	83.39	84.34			84.6(-0.08%)	UD	OpenLong	75	0.1	46	-10000	9	155	1.79	59%	0.06	75.6	1.05%	0	1	92	0
19	Nov_10_2014	78.41	80.3	83.11	83.96			84.67(0.28%)	UT	HoldLong	65	0.2	48	-10000	9	163	1.77	59%	0.05	67	1.05%	0	1.1	87	0
20	Nov_7_2014	78.37	79.68	82.69	83.56			84.43(-0.16%)	TP	CloseLong	-10	0.2	50	-10000	7	177	1.55	61%	0.06	59.1	1.07%	0	1.2	91	0

21	Nov_6_2014	78.32	79.14	82.25	83.24			84.57(1.35%)	UT	HoldLong	65	0.3	59	-10000	12	198	1.32	61%	0.06	55.1	1.07%	0	1.4	92	0
22	Nov_5_2014	78.27	78.62	81.74	82.71			83.44(0.9%)	UT	HoldLong	65	0.2	59	-10000	9	209	1.33	59%	0.05	52.6	1.06%	0	1.3	91	0
23	Nov_4_2014	78.23	78.23	81.24	82.31			82.69(0%)	UT	HoldLong	50	0.1	60	-10000	4	227	2.38	59%	0.05	51.8	1.06%	0	1.3	93	0
24	Nov_3_2014	78.19	77.8	80.85	82.12			82.69(-0.16%)	TP	CloseLong	-10	0.2	75	-10000	11	266	2.13	59%	0.04	49.8	1.06%	0	1.4	93	0
25	Oct_31_2014	78.16	77.45	80.2	81.66			82.83(1.14%)	UT	HoldLong	65	0.4	81	-10000	13	283	2.26	56%		47	1.06%	0	1.7	95	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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