Illinois Tool Works stock is currently in short-term, medium-term and long-term uptrends. However, the clarity of the uptrends across all time horizons is now in jeopardy as the price is only 2.78 percent above the 20-day moving average at 208.93.
Pending a GD cross on the downside, the next target is the 10-year high of 222.65, which gives a tentative upside of 3.68 percent.
Illinois Tool Works in peer group comparison
The strongest stock in the peer group comparison is currently CNH Industrial stock with a GD-200 gap of 21.51%.
