Illinois Tool Works stock is now in medium and long-term uptrends but short-term downtrends as the price crossed the 100-day moving average yesterday. However, clear uptrends on all time horizons are now in sight as the price would only need to rise 1.23 percent to cross the 20-day moving average at 218.41 to the upside.
As long as the price does not cross another trend line downwards, the next price target is the 10-year high of 229.65 marked on February 2nd, 2023, which means that there is a preliminary upside potential of 6.44 percent.
Illinois Tool Works in peer group comparison
The strongest share in the peer group comparison is currently the Rolls-Royce share with a GD 200 difference of 49.92%.