Trading Signals: ITW Stock Price Prediction and Forecast

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Thu. Feb. 18, 2016

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

(Illinois Tool Works Inc.)
ITW latest price $89.3956 (0.67%) ($88.6379 - $89.6575) on Thu. Feb. 18, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.42% (three month average)
RSI   73
Latest Price   $89.3956(0.67%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ITW advances 1.1% a day on average for past five trading days.
Weekly Trend   ITW advances 2.1% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support ITW advance at 0% a week (0% probability)
EWI(22%)    EWG(21%)    EWP(20%)    EWY(20%)    IYT(20%)
Factors Impacting ITW price   ITW will decline at least -0.71% in a week (0% probabilities).
VIXM(-50%)    UUP(-7%)    IGOV(-7%)    IPO(-4%)    TBT(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.71% (StdDev 1.42%)
Hourly BBV 0 ()
Intraday Trend 0.5%

5 Day Moving Average   $87.09(2.65%)
10 Day Moving Average   $86(3.95%)
20 Day Moving Average   $83.52(7.03%)
To recent high   0%
To recent low   17.9%
Market Cap   $28.267b

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 4.47% (three month std-dev: 1.42%) 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

> 20160318

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	Feb_18_2016	83.52	83.52	86	87.09			89.4(0.67%)	UT	OpenLong	75	0.6	36	-10000	16	95	1.67	58%	0.16	72.5	1.42%	0	1.6	73	0
2	Feb_17_2016	83.39	82.85	85.45	86.13			88.8(1.49%)	UT	HoldLong	65	0.7	32	-10000	14	85	2.77	58%	0.17	62	1.43%	0	1.6	78	0
3	Feb_16_2016	83.25	82.23	84.84	85.27			87.5(1.81%)	UT	HoldLong	65	0.6	28	-10000	10	80	2.25	59%	0.24	55.1	1.42%	0	1.4	79	0
4	Feb_12_2016	83.05	81.66	84.48	84.66			85.94(2.54%)	UT	HoldLong	65	0.3	29	-10000	5	101	1.59	55%	0.12	47.6	1.42%	0	1.2	82	0
5	Feb_11_2016	82.95	81.23	84.29	84.38			83.81(-0.91%)	UD	OpenLong	65	-0.2	28	-10000	-6	128	1.78	53%	0.08	44.2	1.4%	0	0.7	74	0

6	Feb_10_2016	82.88	80.9	84.23	84.73			84.58(0.07%)	UT	HoldLong	65	-0	46	-10000	1	179	1.68	53%	0.1	41.4	1.39%	0	1	78	0
7	Feb_9_2016	82.8	80.58	83.87	84.65			84.52(0.11%)	UT	HoldLong	65	-0	56	-10000	6	207	1.37	53%	0.07	35	1.39%	0	1.1	78	0
8	Feb_8_2016	82.74	80.23	83.35	84.32			84.43(-0.17%)	UD	OpenLong	75	0	54	-10000	1	211	2.37	53%	0.08	23.9	1.4%	0	1.2	76	0
9	Feb_5_2016	82.67	79.92	82.54	84.25			84.57(-1.15%)	UD	OpenLong	75	0.1	54	-10000	1	214	1.87	53%	0.07	13.6	1.41%	0	1.4	78	0
10	Feb_4_2016	82.61	79.63	81.8	84.19			85.55(1.64%)	UT	OpenLong	75	0.4	62	-10000	9	220	1.75	53%	0.07	2.7	1.4%	0	1.8	73	0

11	Feb_3_2016	82.55	79.4	80.89	83.69			84.17(1.56%)	UT	OpenLong	75	0.2	62	-10000	12	212	2.02	51%	0.07	-11.3	1.38%	0	1.6	72	0
12	Feb_2_2016	82.49	79.34	80.08	82.98			82.88(-1.47%)	UD	OpenLong	75	-0	57	-10000	14	185	3.34	51%	0.08	-23	1.37%	0	1.2	63	0
13	Feb_1_2016	82.42	79.4	79.43	82.18			84.11(-0.17%)	UD	OpenLong	75	0.6	63	-10000	30	163	2.48	53%	0.09	-32.4	1.37%	0	1.5	69	0
14	Jan_29_2016	82.35	79.46	78.6	80.52			84.25(1.48%)	UT	OpenLong	75	1.2	45	-10000	27	98	3.26	53%	0.1	-50.5	1.37%	0	1.6	65	0
15	Jan_28_2016	82.27	79.54	77.86	79.04			83.03(2.96%)	UT	OpenLong	75	1.2	29	-10000	25	42	3.3	53%	0.07	-57.9	1.36%	0	1.1	59	0

16	Jan_27_2016	82.21	79.74	77.21	77.71			80.64(2.25%)	N/A	N/A	0	0.8	7	-10000	18	-27	3.42	50%	0.04	-59.4	1.32%	0	0.2	42	0
17	Jan_26_2016	82.18	80.02	76.93	76.8			78.86(4.02%)	DP	OpenShort	-65	0.5	-16	-10000	10	-92	2.53	47%	-0.05	-56.1	1.29%	0	-0.3	31	0
18	Jan_25_2016	82.22	80.42	76.8	76.31			75.81(-1.35%)	DT	HoldShort	-65	-0.1	-43	-10000	-1	-167	1.65	40%	0.01	-54.4	1.18%	0	-1.1	15	0
19	Jan_22_2016	82.21	81	77.07	76.34			76.85(0.62%)	DP	OpenShort	-75	0.1	-56	-10000	-3	-214	2.04	49%	0	-54.7	1.18%	0	-0.9	14	0
20	Jan_21_2016	82.21	81.48	77.29	76.47			76.37(0.38%)	DP	OpenShort	-75	-0	-60	-10000	-3	-229	3.72	49%	-0.01	-52.2	1.32%	0	-1.1	11	0

21	Jan_20_2016	82.22	81.94	77.81	76.63			76.08(-0.43%)	DT	HoldShort	-65	-0.1	-72	-10000	-9	-260	2.99	49%	0.01	-51.8	1.32%	0	-1.3	8	0
22	Jan_19_2016	82.21	82.39	78.55	77.08			76.41(0.54%)	DP	OpenShort	-75	-0.1	-69	-10000	-5	-262	2.43	49%	0.02	-51.4	1.33%	0	-1.3	15	0
23	Jan_15_2016	82.19	82.89	79.39	77.36			76(-1.91%)	DT	HoldShort	-65	-0.3	-75	-10000	-10	-269	2.56	49%	-0.02	-54.4	1.33%	0	-1.6	13	0
24	Jan_14_2016	82.21	83.47	80.44	77.88			77.48(0.42%)	DP	OpenShort	-75	-0.1	-71	-10000	-7	-264	2.53	49%	0	-53.9	1.31%	0	-1.5	14	0
25	Jan_13_2016	82.21	83.91	81.38	78.24			77.15(-1.56%)	DT	HoldShort	-65	-0.3	-77	-10000	-18	-253	3	49%		-54.6	1.33%	0	-1.8	21	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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