Trading Signals: ITW Stock Price Prediction and Forecast

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Thu. May. 29, 2014

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

(Illinois Tool Works Inc.)
ITW latest price $78.0935 (0.27%) ($77.7334 - $78.2645) on Thu. May. 29, 2014.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.75% (three month average)
RSI   55
Latest Price   $78.0935(0.27%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ITW advances 0.2% a day on average for past five trading days.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support ITW advance at 0% a week (0% probability)
XLI(27%)    EWG(26%)    EWI(26%)    VT(26%)    EEM(25%)
Factors Impacting ITW price   ITW will decline at least -0.375% in a week (0% probabilities).
VIXM(-52%)    IGOV(-8%)    TLT(-6%)    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   -0.375% (StdDev 0.75%)
Hourly BBV 0 ()
Intraday Trend 0%

5 Day Moving Average   $77.82(0.35%)
10 Day Moving Average   $77.52(0.74%)
20 Day Moving Average   $77.49(0.78%)
To recent high   -0.5%
To recent low   8.8%
Market Cap   $24.693b

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 0.63% (three month std-dev: 0.75%) 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

> 20140629

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	May_29_2014	75.52	77.49	77.52	77.82			78.09(0.27%)	UT	OpenLong	75	0.6	5	-10000	6	2	1.27	58%	0.08	69.8	0.75%	0	1.2	55	0
2	May_28_2014	75.46	77.42	77.47	77.64			77.89(-0.23%)	N/A	N/A	0	0.5	4	-10000	7	-7	1.41	58%	0.05	58.7	0.76%	0	1	54	0
3	May_27_2014	75.42	77.35	77.49	77.42			78.07(0.37%)	N/A	N/A	0	1.2	1	-10000	4	-8	1.23	58%	0.08	40	0.76%	0	1.3	62	0
4	May_23_2014	75.36	77.25	77.51	77.3			77.78(0.63%)	N/A	N/A	0	0.8	4	-10000	5	-0	0.99	58%	0.07	28.8	0.77%	0	0.9	58	0
5	May_22_2014	75.31	77.17	77.49	77.16			77.29(0.17%)	DP	OpenShort	-75	0.2	-2	-10000	-1	-4	1.35	58%	0.05	25.6	0.78%	0	0.2	55	0

6	May_21_2014	75.27	77.15	77.52	77.18			77.16(0.45%)	N/A	N/A	0	-0	-2	-10000	-3	3	1.18	58%	0.05	41	0.78%	0	0	56	0
7	May_20_2014	75.23	77.15	77.56	77.28			76.82(-0.85%)	N/A	N/A	0	-0.8	-4	-10000	-9	12	1.73	58%	0.05	67.1	0.79%	0	-0.5	54	0
8	May_19_2014	75.19	77.14	77.58	77.56			77.47(0.5%)	UD	OpenLong	65	-0.1	3	-10000	-7	34	1.31	61%	0.07	100	0.79%	0	0.5	66	0
9	May_16_2014	75.14	77.07	77.54	77.76			77.09(-0.38%)	UD	OpenLong	65	-1	11	-10000	-4	56	2.23	61%	0.05	129.8	0.79%	0	0	66	0
10	May_15_2014	75.1	77.01	77.53	77.87			77.38(-0.31%)	UD	OpenLong	65	-0.7	17	-10000	-1	72	2.33	61%	0.08	138.5	0.8%	0	0.5	70	0

11	May_14_2014	75.04	76.9	77.48	77.9			77.63(-0.77%)	UD	OpenLong	75	-0.3	19	-10000	1	72	1.93	61%	0.08	122.9	0.81%	0	0.9	55	0
12	May_13_2014	74.98	76.73	77.4	77.88			78.23(-0.31%)	UD	OpenLong	75	0.3	26	-10000	9	75	3	61%	0.11	97.7	0.8%	0	1.5	64	0
13	May_12_2014	74.9	76.5	77.2	77.59			78.47(1.09%)	UT	OpenLong	75	0.8	21	-10000	9	58	1.4	61%	0.12	77.6	0.81%	0	1.7	69	0
14	May_9_2014	74.81	76.24	76.96	77.3			77.63(0.13%)	UT	OpenLong	75	0.3	13	-10000	4	40	1.28	58%	0.11	58.1	0.81%	0	1.1	68	0
15	May_8_2014	74.73	76.06	76.8	77.16			77.53(0%)	UT	HoldLong	50	0.3	13	-10000	5	36	1.24	58%	0.09	48.3	0.82%	0	1.1	70	0

16	May_7_2014	74.66	75.93	76.74	77.01			77.53(0.91%)	UT	HoldLong	65	0.4	15	-10000	5	45	1.5	58%	0.11	47.1	0.83%	0	1.2	76	0
17	May_6_2014	74.58	75.75	76.67	76.85			76.82(-0.25%)	UD	OpenLong	75	-0	18	-10000	3	62	1.37	55%	0.09	44.7	0.83%	0	0.8	79	0
18	May_5_2014	74.51	75.61	76.64	76.74			77.01(0.14%)	UT	HoldLong	65	0.2	26	-10000	6	85	1.37	55%	0.09	44	0.84%	0	1.1	83	0
19	May_2_2014	74.44	75.51	76.56	76.55			76.91(0.18%)	UT	HoldLong	65	0.3	29	-10000	5	101	1.61	55%	0.11	51.2	0.85%	0	1.1	84	0
20	May_1_2014	74.36	75.42	76.45	76.38			76.77(0.06%)	UT	HoldLong	50	0.3	25	-10000	-2	107	1.71	55%	0.09	62	0.86%	0	1.1	74	0

21	Apr_30_2014	74.29	75.32	76.29	76.44			76.73(0.54%)	UT	HoldLong	50	0.2	27	-10000	-1	111	1.68	55%	0.11	75.9	0.88%	0	1.2	60	0
22	Apr_29_2014	74.21	75.19	76.03	76.47			76.31(0.34%)	UD	OpenLong	65	-0.1	27	-10000	-2	113	1.5	55%	0.09	84	0.89%	0	1	64	0
23	Apr_28_2014	74.14	75.03	75.77	76.53			76.05(0.01%)	UD	OpenLong	65	-0.4	28	-10000	-1	115	1.9	55%	0.09	89.4	0.9%	0	0.8	64	0
24	Apr_25_2014	74.07	74.87	75.5	76.55			76.04(-1.33%)	UD	OpenLong	75	-0.4	26	-10000	1	101	2.18	55%	0.09	87.1	0.92%	0	0.9	54	0
25	Apr_24_2014	74	74.67	75.28	76.51			77.07(0.25%)	UT	OpenLong	75	0.4	33	-10000	12	96	1.87	61%		78.6	0.89%	0	1.7	58	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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