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Stock Trend Analysis Report

Prepared for you on Thursday, June 1, 2023.

International Business Machines Corporation (NYSE:IBM)

Bull Market Weakness (+75) - IBM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IBM as it may be in the beginning stages of a reversal.

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.

Open High Low IBM Price Change
128.440 130.145 127.780 129.885 +1.295
Entry Signal

MarketClub’s Trade Triangles for IBM

long term down The long-term trend has been DOWN since Feb 1st, 2023 at 132.98

intermediate term up The intermediate-term trend has been UP since May 19th, 2023 at 127.25

short term up The short-term trend has been UP since May 26th, 2023 at 129.09

Smart Scan Analysis for IBM

Based on our trend formula, IBM is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for IBM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
128.440 130.145 127.780 129.885 +1.295
Prev. Close Volume Bid Ask Time
128.590 2702332 2023-06-01 15:44:23
Year High171.13Year High Date2018-01-18
Year Low114.09Year Low Date2018-10-31
52wk High153.2152wk High Date2022-12-13
52wk Low115.54552wk Low Date2022-10-13
Year End Close191.55Average Volume4,451,205
Shares Outstanding908,045Short Interest12,795,084
% Institutional57.5Market Cap127,211M
P/E Ratio64.295Beta0.62
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