ITW (ITW) — Range-bound
ITW (ITW) is trading at $262.92, -11.4 (79.7%) on the session. Over the last 127 sessions the trend is flat with a +1.7% move. Price is -11.6% from its 6-month high and +7.0% from its 6-month low. Annualised volatility (30-day) is ~20%.
Probability scenarios
Bearish bias — 0 bullish, 5 bearish, 3 neutral of 8 signals.
Trend Range-bound / consolidating
ITW (ITW) is trading at $262.92. Over the last 127 sessions the trend is **flat** with a +1.7% move.
Price is -11.6% from the 6-month high and +7.0% from the low. Annualised volatility (30-day) is ~20%.
Price is below the 15-day MA ($267.70, -1.8%) and below the 50-day SMA ($278.36).
Bollinger Bands Inside the bands — range-bound
Bollinger Bands (20, 2): price is at $262.92, upper $276.11, middle $267.53, lower $258.94. Price is inside the bands — range-bound.
Bandwidth is 6.4% of price — contracted (low volatility, breakout pending). Width contraction often precedes a directional breakout; expansion confirms one underway.
RSI (14) Below 50
RSI(14) is 41.2. Momentum has faded; the bullish case needs rebuilding.
Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.
MACD (12, 26, 9) Bearish — momentum slowing
MACD (12, 26, 9): line $-3.48, signal $-3.06, histogram -0.423.
The fast line has crossed below the signal line and the histogram is negative. Price may still be rising overall, but momentum is weakening — often seen before a correction, a sideways consolidation, or a final push higher.
Volume Analysis Balanced volume
Up-day and down-day volume are roughly even (ratio 0.90) over the recent 19 sessions — no strong conviction either way.
Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.
Smart Money (A/D) Smart money on hold
The A/D line slope is flat and the line is well off highs — institutions are neither aggressively accumulating nor distributing.
A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.
Anchored VWAP Below anchored VWAP — period buyers underwater
Price ($262.92) is -1.9% below the anchored VWAP ($268.05). Period buyers are underwater — overhead supply tends to cap rallies.
Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.
Key Levels 3 resistance / 2 support levels
Current price $262.92. Resistance above: $265.54, $270.21, $273.86. Support below: $258.94, $255.69.
Watch $265.54 as the first upside level to clear, and $258.94 as the first downside level to hold. A clean break of either often determines the next leg.
Resistance
$265.54
Resistance
$270.21
Resistance
$273.86
Support
$258.94
Support
$255.69
Signal breakdown
- Trend (6mo) Neutral Slope is near-flat — range-bound price action.
- Price vs 50-day SMA Bearish Price is below the 50-day SMA ($278.36).
- RSI (14) Bearish RSI 41 — below 50, momentum fading.
- MACD (12,26,9) Bearish Histogram negative (-0.423) — fast line below signal.
- Bollinger %B Bearish Price in the lower half of the bands (%B 0.23).
- Volume profile Neutral Volume balanced between up and down days.
- A/D line Neutral A/D line slope is flat.
- AVWAP Bearish Price below anchored VWAP ($268.05).
Generated from 127 daily closes in the scraped 6-month OHLCV series (quote data 2026-10-03T17:17:29.300872807Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.