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Stock Trend Analysis Report

Prepared for you on Monday, December 11, 2023.

International Business Machines Corporation (NYSE:IBM)

Strong Uptrend (+100) - IBM is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, IBM continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

Open High Low IBM Price Change
162.6800 163.1000 161.9500 162.2762 +0.3162
Entry Signal

MarketClub’s Trade Triangles for IBM

long term up The long-term trend has been UP since Jun 2nd, 2023 at 132.610

intermediate term up The intermediate-term trend has been UP since Oct 26th, 2023 at 143.415

short term up The short-term trend has been UP since Dec 11th, 2023 at 162.355

Smart Scan Analysis for IBM

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

Smart Scan Analysis for IBM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
162.6800 163.1000 161.9500 162.2762 +0.3162
Prev. Close Volume Bid Ask Time
161.9600 766004 2023-12-11 10:11:27
Year High171.13Year High Date2018-01-18
Year Low114.09Year Low Date2018-10-31
52wk High162.7952wk High Date2023-12-04
52wk Low120.5552wk Low Date2023-05-11
Year End Close191.55Average Volume3,905,049
Shares Outstanding913,119Short Interest12,795,084
% Institutional57.5Market Cap127,211M
P/E Ratio21.4233Beta0.62
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