Illinois Tool Works stock is now in both short-term, medium-term and long-term uptrends as the price crossed the 20-day moving average yesterday. However, the clearness of the uptrends in all time horizons is not yet completely certain, as the price is only 0.41 percent above the 20-day moving average at 203.91, which was also crossed only yesterday.
As long as no GD is crossed down, the next price target is the 6-month high of 213.40 marked on 08/19/2022, which means that there is a preliminary upside potential of 4.22 percent.
Illinois Tool Works in peer group comparison
The strongest stock in the peer group comparison is currently the Trane Technologies stock with a GD-200 gap of 13.63%.