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ITW forms 20 Day Moving Average Support on July 9
On Thursday, July 9th, ITW moved up 0.15% while volume shrunk to 0.6× the usual levels. Mixed technical signals appeared with 20 DMA Support suggesting upside potential, while MACD Bearish Signal Line Cross indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 263.37, 261.25 & 258.94, with resistance at 267.8, 270.11 & 272.23.
Current SwingTradeBot Technical Rating of ITW: C
This might just be the start. See what else showed up for ITW today.
Read full article here »