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Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
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.
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MarketClub’s Trade Triangles for IBM
The long-term trend has been UP since Jul 25th, 2024 at 193.2800
The intermediate-term trend has been UP since Aug 19th, 2024 at 194.5499
The short-term trend has been DOWN since Oct 17th, 2024 at 231.1200
Smart Scan Analysis for IBM
Based on our trend formula, IBM is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 231.990 | 232.970 | 230.670 | 232.515 | +0.765 |
| Prev. Close | Volume | Bid | Ask | Time |
| 231.750 | 2270281 | 2024-10-22 15:57:51 |
| Year High | 171.13 | Year High Date | 2018-01-18 |
| Year Low | 114.09 | Year Low Date | 2018-10-31 |
| 52wk High | 237.37 | 52wk High Date | 2024-10-15 |
| 52wk Low | 135.87 | 52wk Low Date | 2023-10-23 |
| Year End Close | 191.55 | Average Volume | 3,480,002 |
| Shares Outstanding | 921,148 | Short Interest | 12,795,084 |
| % Institutional | 57.5 | Market Cap | 127,211M |
| Assets | 133,848,000M | Liabilities | 109,822,000M |
| P/E Ratio | 25.5231 | Beta | 0.62 |
| Volatility | 29.94 |