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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
International Business Machines Corporation (NYSE:IBM)
Sidelines Mode (-55) - IBM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid IBM?
MarketClub looks at technical strength and momentum to determine if the timing is right for IBM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for IBM
The long-term trend has been UP since Jun 2nd, 2023 at 132.61
The intermediate-term trend has been DOWN since Apr 1st, 2024 at 188.53
The short-term trend has been UP since Apr 4th, 2024 at 191.35
Smart Scan Analysis for IBM
Based on our trend formula, IBM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 182.43 | 182.80 | 180.57 | 181.56 | +0.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 181.47 | 2345289 | 2024-04-19 15:59:35 |
| Year High | 171.13 | Year High Date | 2018-01-18 |
| Year Low | 114.09 | Year Low Date | 2018-10-31 |
| 52wk High | 199.18 | 52wk High Date | 2024-03-12 |
| 52wk Low | 120.55 | 52wk Low Date | 2023-05-11 |
| Year End Close | 191.55 | Average Volume | 3,355,487 |
| Shares Outstanding | 916,745 | Short Interest | 12,795,084 |
| % Institutional | 57.5 | Market Cap | 127,211M |
| Assets | 135,241,000M | Liabilities | 112,708,000M |
| P/E Ratio | 22.2936 | Beta | 0.62 |
| Volatility | 29.94 |