INTL BUSINESS MACHINES CORP (IBM) Stock Technical Analysis
NYSE:IBM - New York Stock Exchange, Inc. - US4592001014 - Common Stock - Currency: USD
We assign a technical rating of 7 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 252.75 - 295.61 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Looking at the yearly performance, IBM did better than 80% of all other stocks. We also observe that the gains produced by IBM over the past year are nicely spread over this period.
IBM is one of the better performing stocks in the IT Services industry, it outperforms 70% of 82 stocks in the same industry.
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 4196200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Although IBM has an excellent technical rating, it does not offer a high 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.
More info and screens
217.97
297.74
We found 6 important support areas.
- Support @259.71 from a horizontal line in the daily time frame.
- Support @249.36 from a trend line in the weekly time frame.
- Support @238.43 from a trend line in the weekly time frame.
- Support @232.23 from a trend line in the daily time frame.
- Support @227.47 from a horizontal line in the weekly time frame.
- Support @220.17 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 291.98 to 294.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IBM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IBM is down. |
| ChartMill Relative Strength | 80.65 | POSITIVE | IBM has a high relative strength, it outperformed 80.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IBM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IBM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IBM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.49 | NEUTRAL | The RSI value for IBM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.67 | NEGATIVE | The MACD value suggests IBM has a negative trend. |
| Stochastics (14,3) | 20.43 | NEUTRAL | The Stochastics value for IBM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for IBM suggests some volalility. |
| Average Directional Index/ADX (14) | 22.97 | NEUTRAL | The ADX value for IBM suggests a possible start of a new trend. |
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)
NYSE:IBM (7/29/2025, 9:40:05 AM)
264.67
+1.46 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.55%
1 Week-7.55%
2 Weeks-7.25%
1 Month-9.14%
3 Month7.19%
6 Month2.94%
12 Month39.18%
2 Year82.56%
3 Year101.25%
5 Year114.1%
10 Year62.49%
15 Year104.99%
Volatility
ATR(14)6.11
ATR(20)%2.2%
ATR Inc-29.38%
Range Today1.73
ADR(20)4.63
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.65
Mansfield0.09
10 Day High288.08
10 Day Low252.75
20 Day High295.61
20 Day Low252.75
52 Week High296.16
52 Week Low181.81
CS1 End259.71
CR1 Start291.98
Volume & EV
DER(3)2.36%
DER(5)2.91%
Volume285.39K
Volume Incr185.52%
Vol(5)9.71M
Vol(50)4.20M