INTL BUSINESS MACHINES CORP (IBM) Stock Technical Analysis
NYSE:IBM - New York Stock Exchange, Inc. - US4592001014 - Common Stock - Currency: USD
Overall IBM gets a technical rating of 6 out of 10. In the last year, IBM was one of the better performers, but we do observe some doubts in the very recent evolution.
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 76% 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 3897870 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 82 other stocks in this industry, IBM did better than 53% of them.
In the last month IBM has a been trading in a tight range between 214.61 and 227.45.
Although the technical rating is only medium, IBM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 223.16, a Stop Loss order could be placed below this zone.
More info and screens
202.84
240.43
We found 2 important support areas.
- A support zone ranging from 218.36 to 223.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 204.89 to 205.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @224.89 from a horizontal line 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
CRS76.06
Mansfield0.42
10 Day High227.45
10 Day Low214.61
20 Day High227.45
20 Day Low214.61
52 Week High239.35
52 Week Low162.62
Performance
1 Week-0.29%
2 Weeks1.99%
1 Month-0.12%
3 Month7.63%
6 Month18.51%
12 Month20.64%
2 Year66.35%
3 Year67.8%
5 Year55.94%
10 Year46.19%
15 Year83.13%
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)0.47
RSI(14)52.09
LBB217.29
UBB227.67
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 |
|---|---|---|---|
| 224.90 | 218.35 | 6.55 (2.91%) | 25.00% |
| An entry @224.90. This is a Buy Stop order right above the resistance zone. | An exit @218.35. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.55 points, which is 2.91%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.73%. |
- 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 (1/28/2025, 12:05:37 PM)
224.515
+0.38 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.17%
1 Week-0.29%
2 Weeks1.99%
1 Month-0.12%
3 Month7.63%
6 Month18.51%
12 Month20.64%
2 Year66.35%
3 Year67.8%
5 Year55.94%
10 Year46.19%
15 Year83.13%
Volatility
ATR(14)4.19
ATR(20)%1.81%
ATR Inc-5.91%
Range Today3.56
ADR(20)3.81
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.06
Mansfield0.42
10 Day High227.45
10 Day Low214.61
20 Day High227.45
20 Day Low214.61
52 Week High239.35
52 Week Low162.62
CS1 End223.16
CR1 Start224.89
Volume & EV
DER(3)1.48%
DER(5)1.67%
Volume1.11M
Volume Incr13.18%
Vol(5)4.10M
Vol(50)3.90M