Trading Signals: ITW Stock Price Prediction and Forecast

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Mon. Aug. 24, 2015

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

(Illinois Tool Works Inc.)
ITW latest price $75.9189 (-3.56%) ($72.7784 - $78.2559) on Mon. Aug. 24, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.17% (three month average)
RSI   32
Latest Price   $75.9189(-3.56%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ITW declines -1.8% a day on average for past five trading days.
Weekly Trend   ITW declines -1.7% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support ITW advance at 0% a week (0% probability)
EWG(24%)    EWI(24%)    XLI(24%)    EEM(23%)    VT(23%)
Factors Impacting ITW price   ITW will decline at least -0.585% in a week (0% probabilities).
VIXM(-52%)    IGOV(-8%)    ICLN(-8%)    TAN(-7%)    IWD(-6%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.585% (StdDev 1.17%)
Hourly BBV 0 ()
Intraday Trend 2.7%

Resistance Level   $81.91
5 Day Moving Average   $80.1(-5.22%)
10 Day Moving Average   $81.31(-6.63%)
20 Day Moving Average   $81.91(-7.31%)
To recent high   -14.1%
To recent low   0%
Market Cap   $24.006b

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 2.11% (three month std-dev: 1.17%) 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

> 20150924

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	Aug_24_2015	85.91	81.91	81.31	80.1			75.92(-3.56%)	DT	OpenShort	-75	-2.4	-48	-10000	-30	-101	3.72	29%	-0.12	-37.9	1.17%	0	-3.5	32	0
2	Aug_21_2015	86.01	82.19	82.19	81.55			78.72(-2.51%)	DT	OpenShort	-75	-2.5	-23	-10000	-19	-36	2.25	32%	-0.12	-46.7	1.09%	0	-3.1	39	0
3	Aug_20_2015	86.11	82.35	82.61	82.39			80.74(-1.62%)	DT	OpenShort	-75	-2.1	-7	-10000	-9	-2	1.46	34%	-0.09	-60.8	1.06%	0	-2	42	0
4	Aug_19_2015	86.19	82.45	82.8	82.77			82.07(-1.2%)	UD	OpenLong	65	-1	2	-10000	-2	15	0.96	36%	-0.09	-78.2	1.04%	0	-0.5	49	0
5	Aug_18_2015	86.27	82.49	82.88	82.86			83.07(-0.12%)	UD	OpenLong	75	0.2	8	-10000	3	23	0.76	37%	-0.08	-76.4	1.03%	0	0.6	54	0

6	Aug_17_2015	86.34	82.57	82.74	82.72			83.17(0.31%)	N/A	N/A	0	0.4	-2	-10000	-6	12	0.75	37%	-0.07	-67.3	1.03%	0	0.5	58	0
7	Aug_14_2015	86.4	82.71	82.62	82.97			82.91(0.37%)	UT	OpenLong	75	-0	10	-10000	2	34	0.82	40%	-0.06	-55.7	1.03%	0	0.1	64	0
8	Aug_13_2015	86.45	82.84	82.59	82.89			82.61(0.1%)	UT	OpenLong	75	-0.2	10	-10000	1	37	0.97	40%	-0.07	-49.7	1.06%	0	-0.1	56	0
9	Aug_12_2015	86.51	83.02	82.59	82.85			82.52(0.13%)	UD	OpenLong	65	-0.2	8	-10000	-1	35	1.64	40%	-0.08	-42.5	1.06%	0	-0.3	50	0
10	Aug_11_2015	86.58	83.19	82.58	82.89			82.41(-2.36%)	UD	OpenLong	75	-0.3	13	-10000	4	38	1.51	40%	-0.08	-36	1.06%	0	-0.4	48	0

11	Aug_10_2015	86.65	83.4	82.54	82.73			84.41(2.33%)	UT	OpenLong	75	0.8	13	-10000	12	16	1.26	43%	-0.07	-36.3	1.02%	0	0.5	44	0
12	Aug_7_2015	86.71	83.49	82.16	82.23			82.49(0.09%)	DP	OpenShort	-75	0.1	-13	-10000	-1	-48	1.34	41%	-0.09	-41.5	0.98%	0	-0.5	30	0
13	Aug_6_2015	86.79	83.63	82.06	82.26			82.41(-0.41%)	DT	OpenShort	-75	0.1	-19	-10000	-0	-76	1.03	41%	-0.1	-43.3	0.98%	0	-0.6	33	0
14	Aug_5_2015	86.88	83.76	82.07	82.27			82.75(1.41%)	DP	OpenShort	-65	0.2	-25	-10000	1	-102	1.34	41%	-0.09	-47.1	0.98%	0	-0.5	32	0
15	Aug_4_2015	86.96	83.87	82.05	82.23			81.6(-0.36%)	DT	OpenShort	-75	-0.3	-35	-10000	-2	-132	1.69	38%	-0.1	-46.3	0.97%	0	-1.1	27	0

16	Aug_3_2015	87.05	84.12	82.38	82.3			81.9(-0.91%)	DT	HoldShort	-50	-0.2	-30	-10000	7	-139	1.43	38%	-0.09	-42.1	0.97%	0	-1.1	26	0
17	Jul_31_2015	87.13	84.33	82.79	82.04			82.64(0.21%)	DP	OpenShort	-65	0.3	-34	-10000	6	-153	1.7	41%	-0.08	-46.2	0.97%	0	-0.8	30	0
18	Jul_30_2015	87.2	84.51	83.09	81.82			82.47(-0.07%)	DT	OpenShort	-75	0.3	-41	-10000	-0	-162	1.41	40%	-0.06	-47.7	0.99%	0	-1	37	0
19	Jul_29_2015	87.25	84.71	83.47	81.84			82.52(0.68%)	DP	OpenShort	-75	0.3	-39	-10000	-1	-152	1.25	40%	-0.07	-48.9	1%	0	-1.1	41	0
20	Jul_28_2015	87.31	84.83	83.83	81.89			81.97(1.7%)	DP	OpenShort	-75	0	-49	-10000	-15	-151	1.92	40%	-0.1	-52.9	1%	0	-1.5	38	0

21	Jul_27_2015	87.4	84.98	84.31	82.52			80.6(-1.14%)	DT	OpenShort	-75	-1.1	-55	-10000	-28	-136	2.6	36%	-0.1	-51.4	0.97%	0	-2.5	25	0
22	Jul_24_2015	87.49	85.26	84.93	83.66			81.54(-1.26%)	DT	OpenShort	-75	-1.5	-39	-10000	-22	-88	1.92	38%	-0.1	-40.6	0.96%	0	-2.6	32	0
23	Jul_23_2015	87.58	85.47	85.37	84.54			82.58(-0.2%)	DT	OpenShort	-75	-1.7	-29	-10000	-19	-57	2.47	39%	-0.08	-32.4	0.95%	0	-2.5	34	0
24	Jul_22_2015	87.65	85.68	85.64	85.32			82.75(-2.8%)	DT	OpenShort	-75	-2.6	-22	-10000	-17	-35	4.55	39%	-0.1	-10.6	0.95%	0	-3	34	0
25	Jul_21_2015	87.74	85.84	85.9	86.02			85.13(-1.39%)	DT	OpenShort	-75	-1.3	-8	-10000	-9	-3	2.06	40%		17.1	0.89%	0	-1	54	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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