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Stock Trend Analysis Report

Prepared for you on Friday, July 12, 2024.

International Business Machines Corporation (NYSE:IBM)

Crossroads (+60) - IBM is struggling to move into a solid trend. Beware of choppy markets 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
178.560 184.160 178.500 182.985 +4.675
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 Jun 20th, 2024 at 172.4700

short term up The short-term trend has been UP since Jul 1st, 2024 at 173.4600

Smart Scan Analysis for IBM

Based on our trend formula, IBM is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for IBM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
178.560 184.160 178.500 182.985 +4.675
Prev. Close Volume Bid Ask Time
178.310 3669867 2024-07-12 15:59:31
Year High171.13Year High Date2018-01-18
Year Low114.09Year Low Date2018-10-31
52wk High199.1852wk High Date2024-03-12
52wk Low132.9452wk Low Date2023-07-14
Year End Close191.55Average Volume3,571,149
Shares Outstanding916,745Short Interest12,795,084
% Institutional57.5Market Cap127,211M
Assets137,169,000MLiabilities113,908,000M
P/E Ratio20.1708Beta0.62
Volatility29.94
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