Technical Analysis for IBM - International Business Machines Corp CDR

Grade Last Price % Change Price Change
B 34.050 -0.99% -0.340
IBM closed down 0.99 percent on Friday, September 27, 2024, on 6.77 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Up Up

Date Alert Name Type % Chg
Bearish Engulfing Bearish 0.00%
Volume Surge Other 0.00%
New 52 Week High Strength 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish -0.99%
Pocket Pivot Bullish Swing Setup -0.99%
New 52 Week High Strength -0.99%
Gapped Up Strength -0.99%
Overbought Stochastic Strength -0.99%

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Profile

International Business Machines Corp CDR Description

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment focuses on skills integration for strategy, experience, technology, and operations by domain and industry. The Infrastructure segment provides on-premises and cloud based server, and storage solutions, as well as life-cycle services for hybrid cloud infrastructure deployment. The Financing segment offers client and commercial financing, facilitates IBM clients' acquisition of hardware, software, and services. The company has a strategic partnership to various companies including hyperscalers, service providers, global system integrators, and software and hardware vendors that includes Adobe, Amazon Web services, Microsoft, Oracle, Salesforce, Samsung Electronics and SAP, and others. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.


Classification

Sector: Technology
Industry: Information Technology Services
Keywords: Cloud Computing Artificial Intelligence Cloud Infrastructure Cloud Applications Storage Solutions Salesforce Sap Ust Customer Relationship Management Software Oracle Corporation

Is IBM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 34.49
52 Week Low 21.26
Average Volume 14,786
200-Day Moving Average 28.273
50-Day Moving Average 30.817
20-Day Moving Average 32.671
10-Day Moving Average 33.646
Average True Range 0.480
RSI (14) 72.22
ADX 52.67
+DI 36.604
-DI 10.635
Chandelier Exit (Long, 3 ATRs) 33.050
Chandelier Exit (Short, 3 ATRs) 31.960
Upper Bollinger Bands 34.958
Lower Bollinger Band 30.384
Percent B (%b) 0.8
BandWidth 14.000
MACD Line 1.031
MACD Signal Line 0.967
MACD Histogram 0.0638
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 34.725
Resistance 3 (R3) 34.797 34.643 34.613
Resistance 2 (R2) 34.643 34.471 34.608 34.575
Resistance 1 (R1) 34.347 34.365 34.270 34.275 34.537
Pivot Point 34.193 34.193 34.155 34.158 34.193
Support 1 (S1) 33.897 34.021 33.820 33.825 33.563
Support 2 (S2) 33.743 33.915 33.708 33.525
Support 3 (S3) 33.447 33.743 33.488
Support 4 (S4) 33.375