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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.
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MarketClub’s Trade Triangles for IBM
The long-term trend has been DOWN since Feb 28th, 2020 at 130.6890
The intermediate-term trend has been DOWN since Jun 24th, 2020 at 117.8352
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).
| 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 High | 171.13 | Year High Date | 2018-01-18 |
| Year Low | 114.09 | Year Low Date | 2018-10-31 |
| 52wk High | 158.75 | 52wk High Date | 2020-02-06 |
| 52wk Low | 90.56 | 52wk Low Date | 2020-03-23 |
| Year End Close | 191.55 | Average Volume | 5,010,262 |
| Shares Outstanding | 887,892 | Short Interest | 12,795,084 |
| % Institutional | 57.5 | Market Cap | 127,211M |
| Assets | 153,403,000M | Liabilities | 133,404,000M |
| P/E Ratio | 11.7 | Beta | 0.62 |
| Volatility | 29.94 |