
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.
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MarketClub’s Trade Triangles for IBM
The long-term trend has been UP since Jun 2nd, 2023 at 132.610
The intermediate-term trend has been UP since Oct 26th, 2023 at 143.415
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).

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 High | 171.13 | Year High Date | 2018-01-18 |
Year Low | 114.09 | Year Low Date | 2018-10-31 |
52wk High | 162.79 | 52wk High Date | 2023-12-04 |
52wk Low | 120.55 | 52wk Low Date | 2023-05-11 |
Year End Close | 191.55 | Average Volume | 3,847,648 |
Shares Outstanding | 913,119 | Short Interest | 12,795,084 |
% Institutional | 57.5 | Market Cap | 127,211M |
Assets | 129,321,000M | Liabilities | 106,240,000M |
P/E Ratio | 21.1931 | Beta | 0.62 |
Volatility | 29.94 |