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Stock Trend Analysis Report

Prepared for you on Monday, July 6, 2020.

Intl Business Machines Corp (NYSE:IBM)

Countertrend Down (-85) - IBM is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
119.66 121.42 119.26 119.63 +1.09
Entry Signal

MarketClub’s Trade Triangles for IBM

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 130.6890

intermediate term down The intermediate-term trend has been DOWN since Jun 24th, 2020 at 117.8352

short term up The short-term trend has been UP since Jun 29th, 2020 at 119.2000

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
119.66 121.42 119.26 119.63 +1.09
Prev. Close Volume Bid Ask Time
118.01 3043730 2020-07-02 15:59:48
Year High171.13Year High Date2018-01-18
Year Low114.09Year Low Date2018-10-31
52wk High158.7552wk High Date2020-02-06
52wk Low90.5652wk Low Date2020-03-23
Year End Close191.55Average Volume5,010,262
Shares Outstanding887,892Short Interest12,795,084
% Institutional57.5Market Cap127,211M
Assets153,403,000MLiabilities133,404,000M
P/E Ratio11.7Beta0.62
Volatility29.94
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