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Archive
- 8/22/2025 -
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Illinois Tool Works (ITW) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a third consecutive positive week for the Illinois Tool Works (ITW). During the week, the ITW gained 10.77 points, or 4.16%, and closed at 269.41 on Friday, August 22, 2025. ITW was trading at average weekly trading volume.
ITW is a member of Industrials Sector. Industrials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See ITW long-term trend chart]
A long-term uptrend had started on March 16, 2009 at 25.60 and reached 279.10 on November 27, 2024. ITW gained -253.50 points, or -990.23%, in 819 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (271.41). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
 Medium-term trend: [See ITW medium-term trend chart]
A medium-term uptrend had started on July 14, 2022 at 173.52 and reached 279.10 on November 27, 2024. ITW gained -105.58 points, or -60.85%, in 123 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 267.26 and resistance is at 287.52. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See ITW weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
The weekly MACD line is above its signal line since June 6, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See ITW short-term trend chart]
A short-term uptrend had started on April 8, 2025 at 214.70 and reached 269.82 on August 22, 2025. ITW gained -55.12 points, or -25.67%, in 136 days. The chart has formed a Rising Wedge chart pattern. The trend support level is at 257.35 and resistance is at 273.80. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a short-term trend.
 Daily Technical Indicators: [See ITW daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since August 12, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Industrials |
8 |
| Industry |
Industrial Machinery |
56 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
249.67 |
| Low Date |
08/01/2025 |
| High |
269.82 |
| High Date |
08/22/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Wedge |
| Status |
Valid |
| Resistance |
273.80 |
| Support |
257.35 |
| Low |
214.70 |
| Low Date |
04/08/2025 |
| High |
269.82 |
| High Date |
08/22/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Right-Angled, Descending Wedge |
| Status |
Test Resistance |
| Resistance |
276.38 |
| Support |
170.83 |
| High |
279.10 |
| High Date |
11/27/2024 |
| Low |
214.70 |
| Low Date |
04/08/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Wedge |
| Status |
Valid |
| Resistance |
287.52 |
| Support |
267.26 |
| Low |
173.52 |
| Low Date |
07/14/2022 |
| High |
279.10 |
| High Date |
11/27/2024 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Test Resistance |
| Resistance |
271.41 |
| Support |
161.64 |
| Low |
25.60 |
| Low Date |
03/16/2009 |
| High |
279.10 |
| High Date |
11/27/2024 |
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