Watch · Quality 22/100
Simple research view
ITW · Illinois Tool Works Inc.
$284.82 latest stored close
Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.
$ITW
Illinois Tool Works Inc.Illinois Tool Works Inc. is a large-cap Auto Parts: OEM company in the Producer Manufacturing sector with a market cap of $82B.
Council read · 6 methods
Watch — evidence is building
0 buyable · 4 watch · 2 avoid. Review the observed passes and blockers before reading the chart.
Earnings-risk mode
Pre-earnings setup
Wednesday, July 29, 2026
Time not confirmed
No sourced report session or clock time
Ordinary position sizing suppressed.
Earnings are less than three full trading sessions away; treat the gap as event risk, not ordinary stop-distance risk.
Deterministic evidence
ITW+0.64%
Broad market · SPY+0.02%
CatalystUnavailable
Stock reactionPositive
Sector reactionUnavailable
Opening surgeUnavailable
Event riskEarnings-driven
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
AI interpretation (optional)
Ask a Legend to interpret the evidence only after reviewing the deterministic event timing and relative reaction.
Interpret this evidence AI output is commentary, not scanner evidence or a sizing recommendation.ITW Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Setup Quality
C
3/7 signals
Score trend
✓
Stage 2 · Advancing
✓
Power Trend 23d
✗ RS New High
✗ Trend 5/8
✗
No Pattern
✓ CANSLIM 67.0 (B)
✗ Gatekeeper
Base #1 (A)
Technical Analysis Report Card
$ITW · $284.82 · as of 2026-07-27 · multi-factor read
89
/ 100
Trend · Daily / Weekly / Monthly
Daily
▲ Uptrend
Weekly
▲ Recovering / early uptrend
Monthly
▲ Recovering / early uptrend
Moving Averages
50-day$262.19 ↑
100-day$263.57 ↑
200-day$261.28 ↑
Golden Cross (fresh)
RSI (14)
Reading66.1 · Bullish
Bullish momentum — comfortably in buyer territory.
MACD (12/26/9)
StateBullish
Histogram+0.704
Bullish — MACD above its signal line and above zero. Histogram expanding.
Bollinger Bands (20,2)
%B / Width104% · 8.0%
Riding the upper band — strong momentum, but stretched.
Volume · Buyer vs Seller
Up/Down vol1.5 · Neutral
Rel volume1.22×
Balanced — up/down volume is roughly even; no clear hand. Recent volume is expanding versus its baseline.
Support & Resistance
R · $303.1652-week high
Price · $284.82now
S · $263.55swing level
S · $255.27swing level
S · $247.00swing level
Fibonacci · Downtrend swing
23.6%$256.47
38.2%$265.39
50.0%$272.61
61.8%$279.82
78.6%$290.08
Retracement resistance zones measured from the recent swing high down to the low.
The verdict is free. The trade plan is Pro.
Unlock the exact entry, stop-loss, profit target, and reward-to-risk for ITW — plus the full 495-symbol scanner and Ask-the-Legends chat.
🔒 Start your 7-day free trial →
Daily uptrendWeekly uptrendMonthly uptrendAbove 200-day MA50/200 bullishRS 23 (laggard)
Want this read in a legend's voice?
💬 Ask a Legend about ITW
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts
6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
Council consensus:
🟡 4 of 6 legends are Watching — building, not yet a confirmed buy.
Avoid
Minervini C
Trend-template read: fails 50-day MA > 150-day MA AND 200-day MA.
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $284.82, MA150 $265.77, MA200 $261.28
1.2 150-day MA > 200-day MAMA150 $265.77 vs MA200 $261.28
Failing evidence
1.4 50-day MA > 150-day MA AND 200-day MAMA50 $262.19, MA150 $265.77, MA200 $261.28
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 23
Avoid
O'Neil D
CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
Passing evidence
A: Annual earnings & revenue qualityRev +0.9% | ROE 97.4%
N: Near 52-week high or RS line new high6.0% below high | RS line new high: False
Failing evidence
C: Quarterly EPS acceleration ≥ 25%-2.2% QoQ
L: RS rank ≥ 80 (IBD leadership)RS rank 23
Watch
Weinstein C
Stage-analysis read: Stage 2 is present; 3 supporting checks need improvement.
Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $284.82 vs MA200 $261.28
Failing evidence
Volume expansion above averageVolume ratio 1.22x
Relative strength ≥ 60RS 23
Watch
Livermore B
Pivotal-point read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$284.82
Distance from 52-week high6.0% below high
Failing evidence
Relative strengthRS 23
Volume vs average1.22x
Watch
Darvas B
Box-theory read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$284.82
Distance from 52-week high6.0% below high
Failing evidence
Relative strengthRS 23
Volume vs average1.22x
Watch
Wyckoff B
Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$284.82
Distance from 52-week high6.0% below high
Failing evidence
Relative strengthRS 23
Volume vs average1.22x
Breakout Health
No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?
🕯 Latest candle: Shooting Star — Long upper shadow with a small body near the low — sellers rejected higher prices. A caution flag when price is extended above a pivot.
RS Line vs SPY
52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
▲ Rising
Accumulation / Distribution
last 65 sessions · green = acc on high vol · red = dist on high vol
Net -2
Fundamentals & leadership quality — Minervini SEPA criteria · 4/7 met
B
4/7 SEPA
Separate score from the 8-point Trend Template (5/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
-2%
Revenue growth ≥20% YoY
+1%
Gross margin ≥30%
44%
ROE ≥17%
97%
RS rating ≥80 (leadership)
23
Stage 2 uptrend (Weinstein)
Stage 2
Within 25% of 52W high
-6.0%
Method Playbook
📋 Trade it like O'Neil
EXACT LEVELS · PRO
O'Neil D · Avoid — The deterministic methodology check is Avoid; wait until the blocking criteria are resolved.
Pivot
Pro levelPublished-method rule: Use the proper base pivot or handle high after CANSLIM leadership and market-direction checks are satisfied.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Require a breakout through the pivot on volume at least 40% above average; the valid buy zone ends 5% above the pivot.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro levelPublished-method rule: Use the setup's structural stop with a hard 7–8% maximum-loss ceiling from the actual entry.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: Protect progress under constructive support such as the 21-day or 10-week line; a stop may ratchet higher but never lower.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro levelPublished-method rule: Exit on the hard loss limit, a decisive support break, or a rule-based climax/distribution signal; a normal 20–25% advance is reviewed rather than assumed permanent.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →
Forming Patterns (predictive — not confirmed)
Cup & Handle
bullish
early
60%
built
Cup base building — 70% of the 20%-deep cup recovered. Watch for the right side to reach ~303.16, then a handle.
Confirms above
303.16
Invalidates at
272.61
Rim
303.16
Cup Low
242.05
Pivot
303.16
Mid Cup
272.61
Cup depth 20%, recovery 70%, handle=not yet
Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.
Pattern Analysis
68.8
score
RS Score
23
Trend
5/8 ✗
CANSLIM
67.0* (B)
box top: 285.07
box bottom: 270.0
box height pct: 0.056
vol ratio: 1.222
is breakout: ✗
pct from 52w high: 0.05
validation reason: valid generic setup
multi tf evaluated: ✓
multi tf reason: weekly: within 15% of 52-week high (Darvas box territory)
Why This Setup?
D+W Confluence
Darvas Box
Box: top=285.07, bottom=270.00, height=5.6%, breakout=no, vol_ratio=1.2x, 5% from 52w high | Moderate trend (5/8) | High-confidence pattern (80%) | Accumulation (1.5× up/dn vol) | Power Trend | Stage 2 | Readiness 69/100 (watch) | CANSLIM 67.0 (B)
The Universal Edge Check
The panel is uneasy
Too many universals unmet — this leans closer to a guess than a trade.
1/7
universals met
- In a confirmed uptrend Stage 2 · Trend 5/8
- Risk is defined No stop — undefined risk
- Asymmetric reward No target set
- Not chasing (in range) Pivot distance unknown
- Volume confirms 1.2× average — light
- Clear of earnings in 1 days — event risk
- A relative-strength leader RS 24 — laggard
Minervini Trend Template
5/8Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
Price above SMA 150 & 200
$284.82 vs SMA150 $265.77 / SMA200 $261.28
SMA 150 above SMA 200
SMA150 $265.77 vs SMA200 $261.28
SMA 200 trending up
Slope +1.19 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $262.19
Price above SMA 50
$284.82 vs SMA50 $262.19
30%+ above 52W low
+19.3% from $238.82
Within 25% of 52W high
-6.0% from $303.16
RS score above 70
RS 23
Fundamentals
52W Range
71%
Mkt Cap SEC
81.9B
EPS QoQ
-2%
Rev YoY
+1%
ROE
97%
Gross Margin
44%
D/E
2.78
EPS TTM
$10.49
P/E TTM
27.2x
Float
288M
Insider
No Buy
Company
Legend AI snapshot
Illinois Tool Works Inc.
$284.82latest close
$81.9Bmarket cap
24RS rank
69setup score
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B
67.0* CANSLIM
* disqualified on C, M
C · Curr. EPS
52
A · Annual EPS
100
N · New Highs
100
S · Supply/Demand
85
L · Leader RS
23
I · Inst. Spons.
100
M · Market
30
Weekly Context
Multi-timeframe signals from weekly barsW. Trend
5/8
W. RS
65
W. Support
$242.05
W. Resist
$303.16
W. Patterns
Basing
Weekly Structure
Trend
Neutral
Tight Weeks
1
Confirmation
Neutral
Scan History
14× streakJul 28
Darvas Box
69
Jul 28
Darvas Box
68
Jul 27
Darvas Box
68
0.0%
Jul 27
Darvas Box
68
0.0%
Jul 24
watchlist_candidate
0
+0.6%
Get the full picture on ITW
Pro members see entry/stop/target levels, R:R ratios, intraday alerts, and every setup detected across 495+ symbols daily.
Start 7-Day Free Trial