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Stock Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
International Business Machines Corporation (NYSE:IBM)
Long-Term Downtrend (-90) - IBM is in a strong downtrend that is likely to continue. While IBM is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Feb 1st, 2023 at 132.98
The intermediate-term trend has been DOWN since Jan 25th, 2023 at 139.75
The short-term trend has been DOWN since Mar 23rd, 2023 at 124.01
Smart Scan Analysis for IBM
Based on our trend formula, IBM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 123.36 | 125.40 | 122.88 | 125.31 | +1.94 |
| Prev. Close | Volume | Bid | Ask | Time |
| 125.29 | 3189579 | 2023-03-24 15:59:42 |
| Year High | 171.13 | Year High Date | 2018-01-18 |
| Year Low | 114.09 | Year Low Date | 2018-10-31 |
| 52wk High | 153.21 | 52wk High Date | 2022-12-13 |
| 52wk Low | 115.545 | 52wk Low Date | 2022-10-13 |
| Year End Close | 191.55 | Average Volume | 6,220,595 |
| Shares Outstanding | 904,126 | Short Interest | 12,795,084 |
| % Institutional | 57.5 | Market Cap | 127,211M |
| Assets | 127,243,000M | Liabilities | 105,299,000M |
| P/E Ratio | 68.5389 | Beta | 0.62 |
| Volatility | 29.94 |