ITW

Illinois Tool WorksIndustrials

$264.09+0.76%

Rounding Bottom Ascending Triangle Symmetrical Triangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$264.09

APRMAYJUN

Don't Miss ITW

Momentum is building with this Rounding Bottom. See the live chart action.

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Quick Actions

Trade Plan: Rounding Bottom

Risk/Reward

1:2

Entry

$269.51

Stop

$255.78

Target

$296.96

Chart Pattern

Rounding Bottom

Gradual reversal from bearish to bullish.

Ascending Triangle

Bullish continuation pattern.

Symmetrical Triangle

Consolidation. Can break either way.

Market Analysis

Technical analysis of Illinois Tool Works (ITW) reveals a significant setup. Price has moved to $264.09 (0.76%) amidst recent volatility. Price action has carved out a classic Rounding Bottom. The trend indicator is reading 41.5/100, suggesting moderate momentum. A potential breakout level is identified at $269.51, targeting $296.96 with support near $255.78 (R:R 2.0).

Community Sentiment

What is your outlook on ITW?

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Peer Analysis

Ndsn Rectangle Eme Rectangle Jbht Ascending Triangle Tdg Ascending Triangle Rok Ascending Triangle

Pattern Peers

Erie Rounding Bottom Acgl Rounding Bottom Dxcm Rounding Bottom Xyl Rounding Bottom Adp Rounding Bottom