Investtech.com
 International Busine (IBM.DJIA) - Close: 191.23 (+1.13), Aug 21, 2014

Chart Technical Analysis International Business Machines Corp (IBM)

Volatility risk: LowLiquidity risk: LowRisk explanation
 Neutral -Medium term, Aug 21, 2014Analysis Explanation
International Business Machines Corp has risen up towards the ceiling of the falling trend channel. A continued decline may be expected and the current price level may be a good exit price. The stock has broken up through the resistance at dollar 190. This predicts a further rise. In case of negative reactions, there will now be support at dollar 190. The volume balance is negative and weakens the stock in the short term. The stock is overall assessed as technically neutral for the medium long term.

1 day-0.79%474.91+0.59%
5 days-67.112.65%452.16+1.78%
22 days-39.226.96%559.43-1.47%
66 days7.8611.59%670.13+2.26%
Trend -7%161.91 - 192.30
Moving average2014-08-04
Short Term Trading Range2014-07-01
Double Top Pattern2014-01-22
Double Bottom Pattern2013-12-30
Long Term Trading Range2013-12-26


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here www.investtech.com/disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

Titlex

OK