Illinois Tool Works Inc. technical analysis
Technical analysis of Illinois Tool Works Inc. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Illinois Tool Works Inc.
Illinois Tool Works Inc. is an industrial company that manufactures and markets components, equipment, and systems across various sectors, including automotive, food equipment, welding, construction, and electronics. It operates through seven business segments distributed across North America, Europe, the Middle East, Africa, the Asia Pacific, and South America, providing specific solutions for each target market.
Description generated automatically from public sources; it may be inaccurate or out of date.
Illinois Tool Works Inc.: latest session data
Closing values for October 20, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
267.26 $
+2.88%
50 sessions
271.88 $
+1.14%
200 sessions
266.63 $
+3.13%
Session levels
s2
266.82
Support
s1
268.49
Support
pivot
270.21
Pivot
r1
271.88
Resistance
r2
273.59
Resistance
How to read it
In the October 20, 2026 session Illinois Tool Works Inc. closed higher at 274.97 $, +1.78% versus the previous session.
The price sits above every moving average observed: +2.88% against the 21-session average, +1.14% against the 50 and +3.13% against the 200.
The 14-period RSI reads 59.4, in neutral territory.
MACD stands at 0.378 against a signal line at -1.056: the histogram is positive (+1.434).
ADX reads 18.3, indicating weak directionality.
Levels computed on the latest session place supports at 268.49 and 266.82 $ and resistances at 271.88 and 273.59 $, around a pivot of 270.21.
The average daily range (ATR) is 5.132 $, or 1.87% of price.
Turnover was 1.2M shares, 88% of the 20-session average.
Over the last twelve months the price ranged between 239.04 and 299.48 $, and today stands −8.18% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about Illinois Tool Works Inc.
How is Illinois Tool Works Inc. analysed technically?
Technical analysis of Illinois Tool Works Inc. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Illinois Tool Works Inc.?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Illinois Tool Works Inc.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Illinois Tool Works Inc. it helps frame the technical structure of the historical chart and is not a forecast.
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