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Stock Trend Analysis Report

Prepared for you on Monday, December 11, 2023.

International Business Machines Corporation (NYSE:IBM)

Countertrend Up (+85) - IBM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.

NYSE_IBM
Open High Low IBM Price Change
160.000 162.005 160.000 161.870 +1.650
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 down The short-term trend has been DOWN since Dec 7th, 2023 at 160.010

Smart Scan Analysis for IBM

Based on our trend formula, IBM is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for IBM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
160.000 162.005 160.000 161.870 +1.650
Prev. Close Volume Bid Ask Time
161.960 2719950 2023-12-08 15:58:50
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 Volume3,847,648
Shares Outstanding913,119Short Interest12,795,084
% Institutional57.5Market Cap127,211M
Assets129,321,000MLiabilities106,240,000M
P/E Ratio21.1931Beta0.62
Volatility29.94
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