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

Europe - Frankfurt Stock Exchange - FRA:IBM - US4592001014 - Common Stock

248.35 EUR
-4.4 (-1.74%)
Last: 1/23/2026, 7:00:00 PM
Technical Rating and Analysis

2

Overall IBM gets a technical rating of 2 out of 10. In the last year, IBM was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

  • In the last month IBM has a been trading in the 247.45 - 268.55 range, which is quite wide. It is currently trading near the lows of this range.
  • Warning: IBM has an average volume of 1473 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
  • IBM is part of the IT Services industry. There are 76 other stocks in this industry. IBM outperforms 70% of them.
  • The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
  • When comparing the performance of all stocks over the past year, IBM turns out to be only a medium performer in the overall market: it outperformed 55% of all 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

7

IBM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 248.34, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

198.20

279.58

4 important support areas can be observed.

  • A support zone ranging from 248.34 to 248.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @223.89 from a trend line in the weekly time frame.
  • Support @211.07 from a trend line in the weekly time frame.
  • A support zone ranging from 200.20 to 201.60. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • Resistance @249.65 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 254.61 to 265.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 273.25 to 276.81. This zone is formed by a combination of multiple trend lines 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 IndicatorUPPOSITIVEThe long term trend for IBM.DE is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for IBM.DE is down.
ChartMill Relative Strength55.66NEUTRALIBM.DE is not amongst the best or worst performers 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)UPPOSITIVEThe current price of IBM.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)37.99NEUTRALThe RSI value for IBM.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-1.1NEGATIVEThe MACD value suggests IBM.DE has a negative trend.
Stochastics (14,3)18.64OVERSOLDThe low Stochastics value suggests IBM.DE may be oversold.
Average True Range in percent/ATR (20)2.22MEDIUM VOLATILITYThe ATR as a percentage value for IBM.DE suggests some volalility.
Average Directional Index/ADX (14)23NEUTRALThe 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 (1/23/2026, 7:00:00 PM)

248.35

-4.4 (-1.74%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryIT Services
Performance
% Chg-1.74%
1 Week-5.19%
2 Weeks-5.12%
1 Month-3.96%
3 Month-5.01%
6 Month13.22%
12 Month15.48%
2 Year44.77%
3 Year101.32%
5 Year151.21%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.84
ATR(20)%2.22%
ATR Inc-34.91%
Range Today3.5
ADR(20)4.16
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.66
3 months CRS17.93
6 months CRS74.12
Mansfield-0.54
10 Day High268.55
10 Day Low247.45
20 Day High268.55
20 Day Low247.45
52 Week High279.8
52 Week Low183.1
CS1 End248.34
CR1 Start249.65
Volume & EV
DER(3)0.46%
DER(5)0.39%
Volume545
Volume Incr61.94%
Vol(5)2.02K
Vol(50)1.47K

INTL BUSINESS MACHINES CORP / IBM.DE FAQ

What is the technical rating for IBM stock?

ChartMill assigns a technical rating of 2 / 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 Bullish.


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

INTL BUSINESS MACHINES CORP (IBM.DE) has an RSI value of 37.9854. This indicates that the stock is currently neutral.


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 248.34 and a resistance level at 249.65. Check the full technical report for our detailed analysis of IBM.DE support and resistance levels.