INTL BUSINESS MACHINES CORP (IBM)
US4592001014 - Common Stock
Overall IBM gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
IBM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, IBM did better than 81% of all other stocks. On top of that, IBM also shows a nice and consistent pattern of rising prices.
IBM is part of the IT Services industry. There are 84 other stocks in this industry. IBM outperforms 75% of them.
IBM has an average volume of 4252750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IBM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IBM is lagging the market.
Although IBM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
175.11
237.62
3 important support areas can be observed.
- A support zone ranging from 210.67 to 211.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 204.27 to 204.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @176.88 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 233.27 to 235.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.77
Mansfield0.26
10 Day High216.7
10 Day Low204.07
20 Day High221.32
20 Day Low203.51
52 Week High237.37
52 Week Low154.75
Performance
1 Week1.74%
2 Weeks0.47%
1 Month-7.8%
3 Month9.43%
6 Month25.58%
12 Month38.29%
2 Year44.12%
3 Year83.26%
5 Year59.61%
10 Year32.33%
15 Year69.85%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.26
RSI(14)51.19
LBB204.38
UBB216.39
INTL BUSINESS MACHINES CORP
NYSE:IBM (11/20/2024, 8:04:00 PM)
Premarket: 215 +0.4 (+0.19%)214.6
+4.35 (+2.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg2.07%
1 Week1.74%
2 Weeks0.47%
1 Month-7.8%
3 Month9.43%
6 Month25.58%
12 Month38.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.74
ATR(20)%2.14%
ATR Inc
Range Today5.19
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High216.7
10 Day Low204.07
20 Day High221.32
20 Day Low203.51
52 Week High237.37
52 Week Low154.75
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.56M
Volume Incr-8.4%
Vol(5)4.24M
Vol(50)4.25M