Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for IBM
The long-term trend has been UP since Jul 25th, 2024 at 193.28
The intermediate-term trend has been UP since Nov 21st, 2024 at 216.70
The short-term trend has been UP since Nov 20th, 2024 at 210.33
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 215.8100 | 222.6300 | 215.2701 | 222.4700 | +7.8700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 222.4000 | 4291368 | 2024-11-21 15:59:39 |
| Year High | 171.13 | Year High Date | 2018-01-18 |
| Year Low | 114.09 | Year Low Date | 2018-10-31 |
| 52wk High | 237.37 | 52wk High Date | 2024-10-15 |
| 52wk Low | 153.92 | 52wk Low Date | 2023-11-24 |
| Year End Close | 191.55 | Average Volume | 4,611,285 |
| Shares Outstanding | 924,645 | Short Interest | 12,795,084 |
| % Institutional | 57.5 | Market Cap | 127,211M |
| Assets | 134,339,000M | Liabilities | 109,891,000M |
| P/E Ratio | 31.1919 | Beta | 0.62 |
| Volatility | 29.94 |