INTL BUSINESS MACHINES CORP (IBM.DE) Stock Technical Analysis

FRA:IBM • US4592001014

209.3 EUR
-8.55 (-3.92%)
Last: Feb 23, 2026, 05:27 PM
Technical Rating and Analysis

0

Taking everything into account, IBM scores 0 out of 10 in our technical rating. IBM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

  • The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
  • When comparing the yearly performance of all stocks, IBM is a bad performer in the overall market: 89% of all stocks are doing better.
  • IBM is one of the lesser performing stocks in the IT Services industry. 60% of 65 stocks in the same industry do better.
  • In the last month IBM has a been trading in the 209.30 - 270.50 range, which is quite wide. It is currently trading near the lows of this range.
  • Warning: IBM has an average volume of 1816 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
  • 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.
  • Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
INTL BUSINESS MACHINES CORP / IBM Weekly stock chart
INTL BUSINESS MACHINES CORP / IBM Daily stock chart
Setup Rating and Analysis

2

The technical rating of IBM is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

199.58

275.98

When analyzing the support we notice one important area.

  • Support @201.60 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 221.56 to 222.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @265.20 from a horizontal line in the daily time frame.
  • Resistance @273.25 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for IBM.DE is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for IBM.DE is down.
ChartMill Relative Strength11.69NEGATIVEIBM.DE has a low relative strength, it was outperformed by 88.31% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of IBM.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of IBM.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of IBM.DE is below a declining SMA(200).
Relative Strength Index/RSI (14)28.02OVERSOLDThe low RSI value suggests IBM.DE may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-2.54NEGATIVEThe MACD value suggests IBM.DE has a negative trend.
Stochastics (14,3)2.77OVERSOLDThe low Stochastics value suggests IBM.DE may be oversold.
Average True Range in percent/ATR (20)4.11MEDIUM VOLATILITYThe ATR as a percentage value for IBM.DE suggests some volalility.
Average Directional Index/ADX (14)23.38NEUTRALThe ADX value for IBM.DE suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
INTL BUSINESS MACHINES CORP / IBM Daily stock chart

INTL BUSINESS MACHINES CORP

FRA:IBM (2/23/2026, 5:27:30 PM)

209.3

-8.55 (-3.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryIT Services
Performance
% Chg-3.92%
1 Week-5.53%
2 Weeks-15.11%
1 Month-15.84%
3 Month-21.08%
6 Month0.84%
12 Month-12.65%
2 Year21.76%
3 Year71.45%
5 Year111.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.95
ATR(20)%4.11%
ATR Inc-32.26%
Range Today7.35
ADR(20)7.19
ADR(20)%3.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.69
3 months CRS7.38
6 months CRS32.42
Mansfield-1.8
10 Day High249.5
10 Day Low209.3
20 Day High270.5
20 Day Low209.3
52 Week High279.8
52 Week Low183.1
CS1 End201.6
CR1 Start221.56
Volume & EV
DER(3)-4.36%
DER(5)-2.67%
Volume244
Volume Incr26%
Vol(5)2.93K
Vol(50)1.82K

INTL BUSINESS MACHINES CORP / IBM.DE FAQ

What is the technical rating for IBM stock?

ChartMill assigns a technical rating of 0 / 10 to IBM.DE.


What is the current trend direction of INTL BUSINESS MACHINES CORP (IBM.DE) stock?

The current trend direction for INTL BUSINESS MACHINES CORP (IBM.DE) is Bearish.


What is the RSI signal for INTL BUSINESS MACHINES CORP (IBM.DE) stock?

INTL BUSINESS MACHINES CORP (IBM.DE) has an RSI value of 28.0182. This indicates that the stock is currently oversold.


What is the short term momentum for INTL BUSINESS MACHINES CORP (IBM.DE) stock?

The short term momentum for INTL BUSINESS MACHINES CORP (IBM.DE) is negative.


What is the support and resistance level for IBM stock?

INTL BUSINESS MACHINES CORP (IBM.DE) has a support level at 201.6 and a resistance level at 221.56. Check the full technical report for our detailed analysis of IBM.DE support and resistance levels.