Trading Signals: ITW Stock Price Prediction and Forecast

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Thu. Apr. 16, 2015

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

(Illinois Tool Works Inc.)
ITW latest price $90.2706 (-0.81%) ($90.0685 - $90.8128) on Thu. Apr. 16, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.87% (three month average)
RSI   64
Latest Price   $90.2706(-0.81%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ITW advances 0.2% a day on average for past five trading days.
Weekly Trend   ITW advances 0.8% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support ITW advance at 0% a week (0% probability)
EWG(25%)    EWI(25%)    VT(24%)    VWO(24%)    XLI(24%)
Factors Impacting ITW price   ITW will decline at least -0.435% in a week (0% probabilities).
VIXM(-52%)    IGOV(-8%)    UUP(-4%)    TLT(-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   -0.435% (StdDev 0.87%)
Hourly BBV 0 ()
Intraday Trend -0.4%

5 Day Moving Average   $90.48(-0.23%)
10 Day Moving Average   $90.01(0.29%)
20 Day Moving Average   $89.66(0.68%)
To recent high   -1.3%
To recent low   7.2%
Market Cap   $28.544b

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 0.94% (three month std-dev: 0.87%) 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

> 20150516

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	Apr_16_2015	88.03	89.66	90.01	90.48			90.27(-0.81%)	UD	OpenLong	75	-0.3	18	-10000	4	60	1.43	69%	0.05	12.8	0.87%	0	0.7	64	0
2	Apr_15_2015	87.99	89.69	89.86	90.31			91.01(-0.45%)	UD	OpenLong	75	0.8	22	-10000	9	59	2.33	69%	0.05	23	0.87%	0	1.5	69	0
3	Apr_14_2015	87.95	89.65	89.68	89.98			91.42(1.48%)	UT	OpenLong	75	1.7	16	-10000	7	44	2.24	69%	0.05	22.9	0.88%	0	2.1	62	0
4	Apr_13_2015	87.91	89.59	89.51	89.69			90.09(0.51%)	UT	OpenLong	75	0.5	10	-10000	1	35	1.55	67%	0.03	17	0.86%	0	0.6	53	0
5	Apr_10_2015	87.88	89.59	89.39	89.64			89.63(0.27%)	UT	OpenLong	75	-0	10	-10000	4	26	1.39	67%	0.03	15.9	0.86%	0	0.1	45	0

6	Apr_9_2015	87.85	89.55	89.26	89.47			89.39(0.02%)	UT	OpenLong	75	-0.1	3	-10000	4	1	0.95	67%	0.05	4.5	0.86%	0	-0.2	39	0
7	Apr_8_2015	87.81	89.49	89.15	89.33			89.37(-0.69%)	DT	OpenShort	-75	0	-7	-10000	0	-28	1.41	70%	0.03	-10.4	0.87%	0	-0.1	36	0
8	Apr_7_2015	87.78	89.49	89.13	89.31			90(0.18%)	DP	OpenShort	-75	0.8	-9	-10000	0	-36	1.59	70%	0.06	-23.8	0.91%	0	0.6	47	0
9	Apr_6_2015	87.73	89.45	89.13	89.3			89.83(1.19%)	DP	OpenShort	-65	0.6	-7	-10000	5	-41	1.1	67%	0.09	-28.7	0.92%	0	0.4	44	0
10	Apr_2_2015	87.65	89.43	89.07	89.11			88.77(0.09%)	DT	HoldShort	-50	-0.4	-9	-10000	2	-43	1.07	60%	0.05	-39.2	0.98%	0	-0.7	48	0

11	Apr_1_2015	87.61	89.52	89.27	89.01			88.69(-0.64%)	DT	HoldShort	-50	-0.4	-9	-10000	2	-41	1.48	60%	0.05	-43.6	0.98%	0	-0.9	45	0
12	Mar_31_2015	87.57	89.58	89.51	88.92			89.26(-0.77%)	DT	OpenShort	-75	0.4	-7	-10000	0	-26	1.74	57%	0.06	-52.4	0.98%	0	-0.3	58	0
13	Mar_30_2015	87.52	89.66	89.61	88.91			89.95(1.19%)	DP	OpenShort	-65	1.1	-2	-10000	2	-14	1.97	57%	0.07	-49.5	0.99%	0	0.3	58	0
14	Mar_27_2015	87.46	89.71	89.66	88.82			88.89(0.72%)	DP	OpenShort	-75	0.1	-9	-10000	-6	-19	1.86	56%	0.06	-50.9	0.98%	0	-0.8	44	0
15	Mar_26_2015	87.41	89.78	89.72	89.06			88.25(0.03%)	DP	OpenShort	-75	-0.8	-12	-10000	-12	-13	1.69	56%	0.06	-47.3	0.98%	0	-1.5	46	0

16	Mar_25_2015	87.36	89.92	89.88	89.58			88.23(-1.14%)	N/A	N/A	0	-1.4	-10	-10000	-14	1	1.76	56%	0.06	-30.8	0.98%	0	-1.8	41	0
17	Mar_24_2015	87.31	90.07	89.89	90.19			89.24(-0.3%)	N/A	N/A	0	-1.1	0	-10000	-5	16	1.63	58%	0.08	-9.1	0.98%	0	-0.9	48	0
18	Mar_23_2015	87.24	90.15	89.83	90.4			89.51(-0.64%)	N/A	N/A	0	-1	-2	-10000	-5	8	1.82	58%	0.08	4.1	0.98%	0	-0.7	44	0
19	Mar_20_2015	87.17	90.22	89.9	90.61			90.08(-0.85%)	UD	OpenLong	75	-0.6	7	-10000	4	15	5.2	58%	0.1	15.3	0.97%	0	-0.2	46	0
20	Mar_19_2015	87.08	90.26	89.83	90.45			90.85(-0.44%)	UD	OpenLong	75	0.5	5	-10000	5	3	1.67	58%	0.1	18.6	0.97%	0	0.7	51	0

21	Mar_18_2015	86.99	90.21	89.79	90.22			91.25(1.06%)	N/A	N/A	0	1.2	11	-10000	15	-3	2.57	61%	0.12	19.8	0.97%	0	1.2	51	0
22	Mar_17_2015	86.89	90.14	89.63	89.56			90.29(-0.32%)	DP	OpenShort	-65	0.9	-3	-10000	9	-38	1.45	59%	0.13	5.3	1.01%	0	0.2	45	0
23	Mar_16_2015	86.78	90.12	89.69	89.18			90.59(1.45%)	DP	OpenShort	-65	1.6	-12	-10000	2	-54	1.38	59%	0.13	-1	1.01%	0	0.5	48	0
24	Mar_13_2015	86.67	90.08	89.71	89.11			89.29(-0.43%)	DT	OpenShort	-75	0.2	-15	-10000	-0	-58	1.78	58%	0.12	3.2	1%	0	-0.9	43	0
25	Mar_12_2015	86.57	90.1	89.81	89.13			89.67(1.96%)	DP	OpenShort	-75	0.6	-19	-10000	-4	-63	1.42	54%		7.4	1%	0	-0.5	44	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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