Illinois Tool Works share trend analysis in Euro
Illinois Tool Works stock is now in medium and long-term downtrends but short-term uptrends as the price crossed the 20-day moving average yesterday. Clear downtrends in all time horizons are now within reach, however, as the price would only need to fall by 0.07 percent to cross the 20-day moving average at 221.15.
Illinois Tool Works Stock Highs and Lows
| Time horizon | Hoch Deep |
am | Distance |
|---|---|---|---|
As long as the price does not cross another upward trend line, the next price target is the 6-month low of 214.00 marked on July 8, 2024, which provisionally represents a downward potential of 3.30 percent.
Illinois Tool Works in peer group comparison
The strongest stock in the peer group comparison is currently the Orkla share with a GD-200 distance of 10.51%.
