Trading Signals: ITW Stock Price Prediction and Forecast

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Thu. Oct. 12, 2017

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

(Illinois Tool Works Inc.)
ITW latest price $148.6654 (1.18%) ($146.5455 - $148.7818) on Thu. Oct. 12, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.9% (three month average)
RSI   88
Latest Price   $148.6654(1.18%)
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 1.8% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Normal for small cap.
Correlated ETFs   Broad market will support ITW advance at 0% a week (0% probability)
IPO(34%)    EMHY(19%)    EWI(18%)    EWG(17%)    EWY(17%)
Factors Impacting ITW price   ITW will decline at least -0.45% in a week (0% probabilities).
VIXM(-50%)    UUP(-7%)    IGOV(-7%)    TBT(-5%)    GDX(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.45% (StdDev 0.9%)
Hourly BBV 0 ()
Intraday Trend 1.3%

5 Day Moving Average   $147.4(0.86%)
10 Day Moving Average   $146.48(1.49%)
20 Day Moving Average   $144.42(2.94%)
To recent high   0%
To recent low   13.6%
Market Cap   $47.008b

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 1.72% (three month std-dev: 0.9%) 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

> 20171112

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	Oct_12_2017	138.6	144.42	146.48	147.4			148.67(1.18%)	UT	HoldLong	65	0.5	34	-10000	5	119	0.81	46%	0.11	99.4	0.9%	0	1.7	88	0
2	Oct_11_2017	138.45	143.99	145.91	147.06			146.93(-0.12%)	UD	OpenLong	75	-0.1	32	-10000	4	116	0.97	43%	0.1	105.6	0.89%	0	1.1	86	0
3	Oct_10_2017	138.31	143.55	145.49	146.79			147.1(-0.05%)	UD	OpenLong	75	0.1	33	-10000	6	112	0.93	43%	0.11	107.3	0.89%	0	1.3	82	0
4	Oct_9_2017	138.16	143.1	144.99	146.43			147.18(0.05%)	UT	HoldLong	65	0.3	29	-10000	5	102	0.75	43%	0.12	108.3	0.89%	0	1.4	79	0
5	Oct_6_2017	138	142.58	144.47	146.13			147.11(0.09%)	UT	HoldLong	65	0.3	33	-10000	11	98	0.8	46%	0.12	104.1	0.9%	0	1.4	82	0

6	Oct_5_2017	137.83	141.99	143.97	145.42			146.99(0.99%)	UT	HoldLong	65	0.5	32	-10000	13	88	1.34	49%	0.13	93.4	0.91%	0	1.4	85	0
7	Oct_4_2017	137.65	141.32	143.47	144.58			145.54(0.15%)	UT	HoldLong	65	0.3	26	-10000	9	76	1.38	46%	0.09	81.9	0.91%	0	1.1	84	0
8	Oct_3_2017	137.52	140.67	143.16	144			145.33(-0.25%)	UD	OpenLong	75	0.3	28	-10000	10	82	1.59	46%	0.1	72.8	0.91%	0	1.2	88	0
9	Oct_2_2017	137.38	140.01	142.88	143.32			145.69(1.49%)	UT	HoldLong	65	0.6	31	-10000	12	87	1.18	46%	0.1	70	0.92%	0	1.4	90	0
10	Sep_29_2017	137.24	139.37	142.47	142.57			143.55(0.52%)	UT	HoldLong	65	0.2	25	-10000	4	89	1.01	43%	0.08	66.1	0.91%	0	1	90	0

11	Sep_28_2017	137.13	138.84	142.18	142.31			142.82(0.15%)	UT	HoldLong	65	0.1	28	-10000	2	105	0.7	46%	0.07	64.7	0.93%	0	1	91	0
12	Sep_27_2017	137.03	138.31	141.91	142.31			142.6(0.46%)	UT	HoldLong	65	0.1	33	-10000	0	131	0.93	42%	0.07	63.5	0.94%	0	1	93	0
13	Sep_26_2017	136.94	137.79	141.48	142.19			141.95(0.01%)	UT	HoldLong	50	-0.1	37	-10000	-2	152	0.62	42%	0.06	62.7	0.98%	0	1	93	0
14	Sep_25_2017	136.86	137.29	141.1	142.36			141.94(-0.22%)	UT	HoldLong	50	-0.1	47	-10000	0	187	1.11	42%	0.06	64.5	0.98%	0	1.1	94	0
15	Sep_22_2017	136.78	136.79	140.6	142.34			142.25(0.04%)	UT	HoldLong	65	-0	56	-10000	5	208	0.79	42%	0.07	66.8	0.98%	0	1.3	85	0

16	Sep_21_2017	136.68	136.23	139.92	142			142.2(-0.28%)	UD	OpenLong	75	0	59	-10000	6	216	0.83	39%	0.07	65.8	0.98%	0	1.4	86	0
17	Sep_20_2017	136.58	135.69	139.06	141.56			142.6(-0.16%)	UD	OpenLong	75	0.3	63	-10000	13	212	0.93	39%	0.08	61.7	1.01%	0	1.7	88	0
18	Sep_19_2017	136.47	135.19	138.04	140.64			142.83(0.72%)	UT	HoldLong	65	0.6	59	-10000	14	195	1.03	42%	0.08	59.2	1.01%	0	2	90	0
19	Sep_18_2017	136.36	134.56	136.92	139.65			141.81(0.89%)	UT	HoldLong	65	0.6	55	-10000	15	174	0.71	42%	0.07	53.4	1.02%	0	2.1	89	0
20	Sep_15_2017	136.27	133.99	136.01	138.6			140.56(0.39%)	UT	HoldLong	65	0.7	51	-10000	16	157	1.92	43%	0.05	47.1	1.01%	0	2.2	86	0

21	Sep_14_2017	136.2	133.51	135.2	137.52			140.01(1.45%)	UT	HoldLong	65	1	50	-10000	19	141	1.9	43%	0.04	40.5	1.02%	0	2.5	86	0
22	Sep_13_2017	136.14	133.22	134.38	136.18			138.01(0.11%)	UT	HoldLong	65	0.8	41	-10000	17	113	0.75	43%	0.03	30.2	1%	0	2.2	78	0
23	Sep_12_2017	136.1	133	133.76	135			137.86(0.94%)	UT	OpenLong	75	1.5	34	-10000	18	81	0.81	43%	0.03	12.8	1.01%	0	2.6	67	0
24	Sep_11_2017	136.06	132.78	133.12	133.77			136.58(1.06%)	UT	OpenLong	75	1.8	21	-10000	11	52	1.13	43%	0.05	-14.8	1%	0	2.5	71	0
25	Sep_8_2017	135.99	132.6	132.63	133.04			135.15(1.38%)	UT	OpenLong	75	1.6	15	-10000	7	38	1.3	41%		-48.5	1%	0	2	68	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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