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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
International Business Machines Corporation (NYSE:IBM)
Long-Term Uptrend (+90) - IBM is in a strong uptrend that is likely to continue. While IBM is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
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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 Jun 20th, 2024 at 172.47
The short-term trend has been UP since Jul 25th, 2024 at 185.38
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 |
|---|---|---|---|---|
| 190.510 | 193.570 | 189.622 | 191.755 | -0.225 |
| Prev. Close | Volume | Bid | Ask | Time |
| 191.980 | 3625667 | 2024-07-26 15:59:45 |
| 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 | 135.87 | 52wk Low Date | 2023-10-23 |
| Year End Close | 191.55 | Average Volume | 3,603,346 |
| Shares Outstanding | 918,603 | Short Interest | 12,795,084 |
| % Institutional | 57.5 | Market Cap | 127,211M |
| Assets | 137,169,000M | Liabilities | 113,908,000M |
| P/E Ratio | 21.7172 | Beta | 0.62 |
| Volatility | 29.94 |