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Archive - 4/17/2025 - 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 3.31 points, or 1.41%, and closed at 238.81 on Thursday, April 17, 2025. IBM was trading at average weekly trading volume. IBM is a member of Information Technology Sector. Information Technology is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See IBM long-term trend chart] A long-term uptrend had started on March 23, 2020 at 90.56 and reached 266.50 on March 10, 2025. IBM gained -175.94 points, or -194.28%, in 259 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend resistance line (142.02) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See IBM medium-term trend chart] A medium-term uptrend had started on November 26, 2021 at 114.56 and reached 266.50 on March 10, 2025. IBM gained -151.94 points, or -132.63%, in 171 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (232.88). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See IBM weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since March 21, 2025. 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 May 2, 2024 at 162.62 and reached 266.50 on March 10, 2025. IBM gained -103.88 points, or -63.88%, in 312 days. The chart has formed a Rising Channel chart pattern. The price is near the trend support (238.08) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a short-term trend.
Daily Technical Indicators: [See IBM daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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