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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

International Business Machines Corporation (NYSE:IBM)

Countertrend Up (+85) - IBM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

NYSE_IBM
Open High Low IBM Price Change
190.9400 191.9299 190.3400 191.0978 +0.2978
Entry Signal

MarketClub’s Trade Triangles for IBM

long term up The long-term trend has been UP since Jun 2nd, 2023 at 132.61

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2024 at 188.95

short term up The short-term trend has been UP since Mar 28th, 2024 at 190.96

Smart Scan Analysis for IBM

Based on our trend formula, IBM is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for IBM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
190.9400 191.9299 190.3400 191.0978 +0.2978
Prev. Close Volume Bid Ask Time
190.8000 1593280 2024-03-28 15:25:47
Year High171.13Year High Date2018-01-18
Year Low114.09Year Low Date2018-10-31
52wk High199.1852wk High Date2024-03-12
52wk Low120.5552wk Low Date2023-05-11
Year End Close191.55Average Volume5,134,578
Shares Outstanding916,745Short Interest12,795,084
% Institutional57.5Market Cap127,211M
Assets135,241,000MLiabilities112,708,000M
P/E Ratio23.4398Beta0.62
Volatility29.94
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