ITW technical analysis
ITW Technical Analysis
Analysis date
August 4, 2026
Market
NYSE (USD)
Daily cutoff
August 3, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
ITW Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- ITW
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 3, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 288.49 | August 3, 2026 | - | Verified |
| Verification series | 288.51 | August 3, 2026 | 0.01% | Verified |
Bottom line
ITW Technical Analysis Summary
ITW shows a bullish technical picture. On the daily timeframe, the price holds above all key moving averages with SMA20 above SMA50 above SMA200, and RSI at 62.05 remains below the overbought threshold. The daily MACD histogram has turned positive again, pointing to renewed upside momentum after a near-term pause. The weekly chart is clearly bullish with a stacked moving-average alignment, RSI at 65.04, and a positive MACD histogram. The main resistance sits at 301.92, which is both the 20-day and 60-day high and also the 52-week high. Support is at the 20-day low of 263.55 and the 60-day low of 240.59. A clean break above 301.92 would confirm continued strength, while a fall below 263.55 would suggest a loss of short-term momentum.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 3, 2026)
- Trend
- Bullish. Price at 288.49 is above SMA20 (277.69), SMA50 (265.41), and SMA200 (259.60), with a stacked alignment of SMA20 above SMA50 above SMA200. The SMA200 is rising, confirming a solid medium-term uptrend.
- Momentum
- Neutral to bullish. RSI14 at 62.05 is in bullish territory and below the 70 overbought threshold. MACD at 6.46 with signal at 5.77 and a positive histogram of 0.68 confirms that upside momentum has resumed after flattening in the prior week.
- Volatility
- Moderate. ATR14 at 7.13 (2.47% of price) indicates average daily movement of about 2.5%. Bollinger Bands (260.42 to 294.96) show moderate width, with price sitting in the upper half of the range.
- Volume
- Below average. Latest volume of 1,183,500 is 75.6% of the 20-period average (1,565,400), indicating light participation on the latest up session.
Assessment
The daily chart shows a bullish structure with price above all key moving averages in a stacked alignment and a positive MACD histogram. RSI at 62.05 is approaching but not yet overbought, leaving room for further upside. Volume on the latest session was light, so confirmation of the recent recovery would be strengthened by an increase in participation.
Weekly (July 27, 2026 week)
- Trend
- Bullish. Price at 286.95 is above SMA20 (262.37), SMA50 (258.98), and SMA200 (238.05). The SMA200 is sloping upward, confirming a mature long-term uptrend, and all major averages are in a bullish alignment.
- Momentum
- Bullish. RSI14 at 65.04 is in bullish territory and below the 70 overbought threshold. MACD at 5.24 with signal at 2.30 and a positive histogram of 2.94 confirms building upside momentum on the weekly scale.
- Volatility
- Moderate. ATR14 at 12.47 (4.35% of price) reflects normal weekly ranges for an industrial company in a steady uptrend.
- Volume
- Above average. Weekly volume of 10,944,400 is 162.1% of the 20-week average (6,753,045), indicating elevated participation during the latest completed week.
Assessment
The weekly chart provides a clearly bullish picture. Price is in a bullish SMA alignment with all major averages rising. RSI at 65.04 is below overbought, leaving room for further upside, and the positive MACD histogram confirms momentum. The 52-week position at 77.84% places price in the upper part of its range.
Key indicators
ITW Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 62.05 | 65.04 |
| MACD (12, 26, 9) | 6.46 / 5.77 / 0.68 | 5.24 / 2.30 / 2.94 |
| ATR (14) | 7.13 (2.47%) | 12.47 (4.35%) |
| Bollinger Bands (20, 2) | 260.42 - 294.96 | 239.34 - 285.39 |
| SMA (20) | 277.69 | 262.37 |
| SMA (50) | 265.41 | 258.98 |
| SMA (200) | 259.60 | 238.05 |
Price structure
ITW Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 288.49 | 286.95 |
| 1-Period Return | +0.54% | +1.39% |
| 5-Period Return | +1.29% | +7.84% |
| 20-Period Return | +5.18% | +8.81% |
| 60-Period Return | +11.41% | +19.56% |
| 252-Period Return | +15.55% | +55.19% |
| 52-Week Low | 234.38 | 234.38 |
| 52-Week High | 301.92 | 301.92 |
| 52-Week Position | 80.12% | 77.84% |
Key levels
ITW Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 301.92 | 301.92 |
| 20-Period Low | 263.55 | 240.59 |
| 60-Period High | 301.92 | 301.92 |
| 60-Period Low | 240.59 | 232.24 |
Scenarios
ITW Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks above the 20-day and 60-day high at 301.92 with above-average volume.
Invalidation
Price falls below the 60-day low of 240.59.
What to watch
Sustained close above 301.92 followed by volume confirmation; MACD histogram staying positive on the daily.
Range-Bound
Trigger
Price continues to oscillate between the 20-day low at 263.55 and the 20-day high at 301.92.
Invalidation
A decisive break of either boundary with increasing volume.
What to watch
RSI staying between 45 and 65; volume remaining near or below average.
Bearish
Trigger
Price breaks below the 20-day low at 263.55 and then the 60-day low at 240.59.
Invalidation
Price reclaims the SMA50 (265.41) and holds above it.
What to watch
Sustained closes below SMA20 (277.69); increasing downside volume; MACD histogram turning negative.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 3, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 3, 2026, weekly July 27, 2026 week. Generated August 4, 2026.
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