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Archive - 7/31/2026 - Sign In to see current Signals. |
International Bus. Machines (IBM) Technical Analysis
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| Summary:
| | Weekly : | | Daily :     Move cursor over the icon to see details.
| | It was a second consecutive positive week for the International Bus. Machines (IBM). During the week, the IBM gained 9.46 points, or 4.42%, and closed at 223.65 on Friday, July 31, 2026. Weekly volume was 47% above average.
Long-term trend: [See IBM long-term trend chart] A long-term uptrend had started on November 26, 2021 at 114.56 and reached 332.46 on June 2, 2026. IBM gained -217.90 points, or -190.21%, in 235 weeks. The price is now at the 49.94% retracement level.
Medium-term trend: [See IBM medium-term trend chart] A medium-term downtrend had started on June 2, 2026 at 332.46 and reached 199.19 on July 23, 2026. IBM lost 133.27 points, or 40.09%, in 7 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 187.58 and resistance is at 295.63. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See IBM weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since July 17, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See IBM short-term trend chart] A short-term uptrend had started on July 23, 2026 at 199.19 and reached 230.97 on July 29, 2026. IBM gained -31.78 points, or -15.95%, in 6 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See IBM daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. The distance between the Bollinger Bands is 260.15% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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