Illinois Tool Stock Forward View - Accumulation Distribution

ITW Stock  USD 278.91  14.70  5.56%   
Illinois Stock outlook is based on your current time horizon.
The relative strength index (RSI) of Illinois Tool's stock price is slightly above 68. This usually indicates that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Illinois, making its price go up or down.

Momentum 68

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Illinois Tool's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Illinois Tool and does not consider all of the tangible or intangible factors available from Illinois Tool's fundamental data. We analyze noise-free headlines and recent hype associated with Illinois Tool Works, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Illinois Tool's stock price prediction:
Quarterly Earnings Growth
(0.28)
EPS Estimate Next Quarter
2.7344
EPS Estimate Current Year
10.4572
EPS Estimate Next Year
11.2623
Wall Street Target Price
262.9681
Using Illinois Tool hype-based prediction, you can estimate the value of Illinois Tool Works from the perspective of Illinois Tool response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Illinois Tool using Illinois Tool's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Illinois using crowd psychology based on the activity and movement of Illinois Tool's stock price.

Illinois Tool Short Interest

An investor who is long Illinois Tool may also wish to track short interest. As short interest increases, investors should be becoming more worried about Illinois Tool and may potentially protect profits, hedge Illinois Tool with its derivative instruments, or be ready for some potential downside.
200 Day MA
252.0236
Short Percent
0.0266
Short Ratio
5.82
Shares Short Prior Month
7.6 M
50 Day MA
252.5424

Illinois Relative Strength Index

Illinois Tool Works Hype to Price Pattern

Investor biases related to Illinois Tool's public news can be used to forecast risks associated with an investment in Illinois. The trend in average sentiment can be used to explain how an investor holding Illinois can time the market purely based on public headlines and social activities around Illinois Tool Works. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Illinois Tool's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Illinois Tool.

Illinois Tool Implied Volatility

    
  0.42  
Illinois Tool's implied volatility exposes the market's sentiment of Illinois Tool Works stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Illinois Tool's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Illinois Tool stock will not fluctuate a lot when Illinois Tool's options are near their expiration.

Illinois Tool after-hype prediction price

    
  USD 278.91  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Illinois Tool to cross-verify your projections.

Prediction based on Rule 16 of the current Illinois contract

Based on the Rule 16, the options market is currently suggesting that Illinois Tool Works will have an average daily up or down price movement of about 0.0263% per day over the life of the 2026-03-20 option contract. With Illinois Tool trading at USD 278.91, that is roughly USD 0.0732 . If you think that the market is fully incorporating Illinois Tool's daily price movement you should consider acquiring Illinois Tool Works options at the current volatility level of 0.42%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Open Interest Against 2026-03-20 Illinois Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Illinois Tool's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Illinois Tool's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Illinois Tool stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Illinois Tool's open interest, investors have to compare it to Illinois Tool's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Illinois Tool is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Illinois. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.

Illinois Tool Additional Predictive Modules

Most predictive techniques to examine Illinois price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Illinois using various technical indicators. When you analyze Illinois charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Illinois Tool Works has current Accumulation Distribution of 247041.0. The accumulation distribution (A/D) indicator shows the degree to which Illinois Tool is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Illinois Tool Works to determine if accumulation or reduction is taking place in the market. This value is adjusted by Illinois Tool trading volume to give more weight to distributions with higher volume over lower volume.
Check Illinois Tool VolatilityBacktest Illinois ToolInformation Ratio  

Illinois Tool Trading Date Momentum

On February 03 2026 Illinois Tool Works was traded for  278.91  at the closing time. Highest Illinois Tool's price during the trading hours was 282.88  and the lowest price during the day was  263.46 . The net volume was 3.6 M. The overall trading history on the 3rd of February did not cause price change. The trading delta at closing time to current price is 4.28% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare Illinois Tool to competition

Other Forecasting Options for Illinois Tool

For every potential investor in Illinois, whether a beginner or expert, Illinois Tool's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Illinois Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Illinois. Basic forecasting techniques help filter out the noise by identifying Illinois Tool's price trends.

Illinois Tool Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Illinois Tool stock to make a market-neutral strategy. Peer analysis of Illinois Tool could also be used in its relative valuation, which is a method of valuing Illinois Tool by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Illinois Tool Market Strength Events

Market strength indicators help investors to evaluate how Illinois Tool stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Illinois Tool shares will generate the highest return on investment. By undertsting and applying Illinois Tool stock market strength indicators, traders can identify Illinois Tool Works entry and exit signals to maximize returns.

Illinois Tool Risk Indicators

The analysis of Illinois Tool's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Illinois Tool's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting illinois stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Story Coverage note for Illinois Tool

The number of cover stories for Illinois Tool depends on current market conditions and Illinois Tool's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Illinois Tool is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Illinois Tool's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Illinois Tool Short Properties

Illinois Tool's future price predictability will typically decrease when Illinois Tool's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Illinois Tool Works often depends not only on the future outlook of the potential Illinois Tool's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Illinois Tool's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding297.8 M
Cash And Short Term Investments948 M

Additional Tools for Illinois Stock Analysis

When running Illinois Tool's price analysis, check to measure Illinois Tool's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Illinois Tool is operating at the current time. Most of Illinois Tool's value examination focuses on studying past and present price action to predict the probability of Illinois Tool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Illinois Tool's price. Additionally, you may evaluate how the addition of Illinois Tool to your portfolios can decrease your overall portfolio volatility.