International Busine (IBM.DJIA) - Close: 191.67 (-2.33), Jul 31, 2014

Chart Technical Analysis International Business Machines Corp (IBM)

Volatility risk: LowLiquidity risk: LowRisk explanation
 Weak Negative Candidate -Medium term, Jul 31, 2014Analysis Explanation
International Business Machines Corp is in a falling trend and a continued decline within this trend may be expected. In addition, the price has now risen up towards the ceiling of the trend channel, which should give a reaction down. The stock is approaching the support at dollar 190, which may give a positive reaction. The stock is assessed as technically slightly negative for the medium long term.

1 day-0.79%786.22-1.20%
5 days-92.482.65%694.16-1.83%
22 days39.566.95%834.18+5.74%
66 days18.1111.81%706.12-0.76%
Trend -7%162.67 - 193.20
Short Term Trading Range2014-07-01
Moving average2014-06-13
Double Top Pattern2014-01-22
Double Bottom Pattern2013-12-30
Long Term Trading Range2013-12-26
Double Top Pattern2013-04-05

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