INTL BUSINESS MACHINES CORP (IBM)
US4592001014 - Common Stock
Taking everything into account, IBM scores 5 out of 10 in our technical rating. 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.
IBM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Looking at the yearly performance, IBM did better than 84% of all other stocks.
IBM is one of the better performing stocks in the IT Services industry, it outperforms 78% of 86 stocks in the same industry.
IBM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IBM is performing more or less in line with the market.
IBM has an average volume of 4219220 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.
IBM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 181.57, a Stop Loss order could be placed below this zone.
More info and screens
127.85
199.77
When analyzing the support we can see 3 important areas.
- A support zone ranging from 179.70 to 181.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @153.97 from a trend line in the weekly time frame.
- Support @129.14 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 182.94 to 188.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 195.96 to 197.79. 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
CRS84.11
Mansfield0.67
10 Day High187.92
10 Day Low179
20 Day High193.28
20 Day Low179
52 Week High199.18
52 Week Low120.55
Performance
1 Week-0.85%
2 Weeks-3.76%
1 Month-3.5%
3 Month-2.79%
6 Month27.83%
12 Month44.13%
2 Year37.8%
3 Year28.41%
5 Year29.89%
10 Year-7.27%
15 Year76.52%
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)-0.62
RSI(14)39.46
LBB178.45
UBB190.94
INTL BUSINESS MACHINES CORP
NYSE:IBM (4/24/2024, 8:33:10 AM)
182.93
+0.74 (+0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.41%
1 Week-0.85%
2 Weeks-3.76%
1 Month-3.5%
3 Month-2.79%
6 Month27.83%
12 Month44.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.75
ATR(20)%1.8%
ATR Inc
Range Today0.98
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High187.92
10 Day Low179
20 Day High193.28
20 Day Low179
52 Week High199.18
52 Week Low120.55
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume116.88K
Volume Incr2.91%
Vol(5)3.59M
Vol(50)4.22M