Thursday, August 16, 2012

Illinois Tool Works ITW - Buy Signals

Today I added Illinois Tool Works (ITW) to the Barchart Van Meerten New High portfolio


Barchart technical indicators:
  • 88% Barchart technical buy  signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 18.28% in the last month
  • Relative Strength Index 73.70%
  • Barchart computes a technical support level at 56.60
  • Recently traded at 59.69 with a 50 day moving average of 53.92



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