Technical Analysis for IBM - International Business Machines Corp CDR

Grade Last Price % Change Price Change
A 33.450 1.06% 0.350
IBM closed up 1.44 percent on Friday, September 13, 2024, on 71 percent of 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
New 52 Week Closing High Bullish 1.06%
New 52 Week High Strength 1.06%
Upper Bollinger Band Walk Strength 1.06%
Above Upper BB Strength 1.06%
Gapped Up Strength 1.06%
Overbought Stochastic Strength 1.06%
Up 3 Days in a Row Strength 1.06%
Up 4 Days in a Row Strength 1.06%
Up 5 Days in a Row Strength 1.06%
New 52 Week Closing High Bullish 2.51%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 5 hours ago
New 52 Week High about 5 hours ago
3x Volume Pace about 5 hours ago
2x Volume Pace about 5 hours ago
Up 1% about 5 hours ago

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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 33.21
52 Week Low 21.26
Average Volume 11,968
200-Day Moving Average 27.837
50-Day Moving Average 29.645
20-Day Moving Average 31.019
10-Day Moving Average 31.695
Average True Range 0.492
RSI (14) 84.13
ADX 53.44
+DI 43.925
-DI 6.977
Chandelier Exit (Long, 3 ATRs) 31.733
Chandelier Exit (Short, 3 ATRs) 30.917
Upper Bollinger Bands 32.723
Lower Bollinger Band 29.315
Percent B (%b) 1.11
BandWidth 10.986
MACD Line 0.825
MACD Signal Line 0.676
MACD Histogram 0.1482
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 33.640
Resistance 3 (R3) 33.617 33.413 33.550
Resistance 2 (R2) 33.413 33.276 33.425 33.520
Resistance 1 (R1) 33.257 33.191 33.335 33.280 33.490
Pivot Point 33.053 33.053 33.093 33.065 33.053
Support 1 (S1) 32.897 32.916 32.975 32.920 32.710
Support 2 (S2) 32.693 32.831 32.705 32.680
Support 3 (S3) 32.537 32.693 32.650
Support 4 (S4) 32.560