INTL BUSINESS MACHINES CORP (IBM)
US4592001014 - Common Stock
We assign a technical rating of 6 out of 10 to IBM. 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.
In the last month IBM has a been trading in the 220.03 - 239.35 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, IBM did better than 82% of all other stocks.
IBM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IBM is lagging the market slightly.
IBM has an average volume of 4395080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IBM is part of the IT Services industry. There are 83 other stocks in this industry, IBM did better than 67% of them.
IBM has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 223.62, a Stop Loss order could be placed below this zone.
More info and screens
198.38
240.43
When analyzing the support we can see 3 important areas.
- A support zone ranging from 212.13 to 213.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 204.89 to 204.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @200.38 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 223.62 to 228.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 235.26 to 238.05. 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
CRS82.63
Mansfield0.46
10 Day High233.89
10 Day Low220.03
20 Day High239.35
20 Day Low220.03
52 Week High239.35
52 Week Low157.89
Performance
1 Week2.14%
2 Weeks-2.27%
1 Month-1.72%
3 Month1.83%
6 Month30.03%
12 Month37.51%
2 Year59.62%
3 Year68.26%
5 Year67.78%
10 Year40.17%
15 Year71.8%
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)-1.2
RSI(14)49.95
LBB218.43
UBB237.27
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 226.02 | 220.95 | 5.07 (2.24%) | 25.00% |
| An entry @226.02. This is a Buy Stop order right above the 10 day moving average. | An exit @220.95. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.07 points, which is 2.24%. | For a 0.56% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of IBM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
INTL BUSINESS MACHINES CORP
NYSE:IBM (12/27/2024, 10:33:45 AM)
221.77
-3.12 (-1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-1.39%
1 Week2.14%
2 Weeks-2.27%
1 Month-1.72%
3 Month1.83%
6 Month30.03%
12 Month37.51%
2 Year59.62%
3 Year68.26%
5 Year67.78%
10 Year40.17%
15 Year71.8%
Volatility
ATR(14)4.89
ATR(20)%2%
ATR Inc-42.95%
Range Today2.8
ADR(20)4.32
ADR(20)%1.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.63
Mansfield0.46
10 Day High233.89
10 Day Low220.03
20 Day High239.35
20 Day Low220.03
52 Week High239.35
52 Week Low157.89
CS1 End223.62
CR1 Start235.26
Volume & EV
DER(3)-1.07%
DER(5)-1.06%
Volume230.31K
Volume Incr16.56%
Vol(5)4.86M
Vol(50)4.40M