Illinois Tool Works Inc. (ITW)
Date of Analysis: March 20th, 2025
Time Target: A major cycle top is expected to arrive in July 2025. Our software also identifies a strong X-cycle in mid-September 2025. After putting in a top, ITW will sell off to its major cycle bottom, which is expected to arrive approximately in January 2026.
Price Target: The current high makes geometric sense. However, we are very far from the TIME target. Therefore, ITW should surge higher. Our first price target is located at $300 +/- $5 with stop loss at $310.
Projected Move: A down move of approximately 30% within the forthcoming 6-8 months is expected.
In summary, ITW is expected to develop a top to bottom fast move approximately from July-September 2025 to January 2026. The drop in price is expected to be from $300 a share down by approximately 30%.
