Technical Analysis International Business (IBM.DJIA)

  Close: 160.32 (+0.26), Apr 27, 2017
Chart Technical Analysis International Business Machines Corp (IBM)

Recommendation medium term

International Business Machines Corp is in a rising trend and a continued rise within this trend may be expected. In addition, the price has now fallen back towards the floor of the trend channel, which should give a reaction up. Has, however, received a negative signal from the moving average indicator, thus signaling a continued fall. The stock has broken down through the support at dollar 164. This predicts a further decline. In case of positive reactions, there will now be resistance at dollar 164. The volume balance is negative and weakens the stock in the short term. RSI is oversold. This shows that the momentum of The stock is weak and that the price may decline further in the short term. We should see a rise in RSI before this is seen as a positive signal. The stock is overall assessed as technically neutral for the medium long term.

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Historical development

Period Vol.bal. Volatility Liquidity +/- %
1 day0.000.86%660.98+0.16%
5 days-84.472.93%777.46-1.22%
22 days-57.057.63%824.64-7.74%
66 days-27.0615.37%690.08-6.26%


Volatility risk: LowLiquidity risk: Low
Risk explanation


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