On Friday, October 6, 2023, shares of Illinois Tool Works, Inc. (ITW) fell below their 200-day moving average, trading as low as $229.75 per share, which is approximately 4.5% off on the day. The current share price of $230.21 is near the midpoint of its 52-week range, which spans from a low of $196.36 to a high of $249.81.
This decline in stock price indicates potential volatility, as ITW’s 200-day moving average is recorded at $230.71. The trading data has been sourced from TechnicalAnalysisChannel.com.
