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Stock Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

International Business Machines Corporation (NYSE:IBM)

Sidelines Mode (+55) - IBM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
170.440 171.085 168.650 169.670 -1.220
Entry Signal

MarketClub’s Trade Triangles for IBM

long term down The long-term trend has been DOWN since May 1st, 2024 at 165.2605

intermediate term up The intermediate-term trend has been UP since May 21st, 2024 at 170.2600

short term down The short-term trend has been DOWN since May 28th, 2024 at 170.2100

Smart Scan Analysis for IBM

Based on our trend formula, IBM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for IBM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
170.440 171.085 168.650 169.670 -1.220
Prev. Close Volume Bid Ask Time
170.890 1974191 2024-05-28 15:59:56
Year High171.13Year High Date2018-01-18
Year Low114.09Year Low Date2018-10-31
52wk High199.1852wk High Date2024-03-12
52wk Low126.8152wk Low Date2023-05-26
Year End Close191.55Average Volume3,713,816
Shares Outstanding916,745Short Interest12,795,084
% Institutional57.5Market Cap127,211M
Assets137,169,000MLiabilities113,908,000M
P/E Ratio19.3315Beta0.62
Volatility29.94
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