Trading Signals: IBM Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)(IBM)
| IBM latest price $123.2695 (1.08%) ($121.5492 - $124.0688) on Tue. Nov. 3, 2015. | |
| | Trend Analysis and Forecast | | | | Average Daily Percentage Swing | 1.64% (three month average) | | RSI | 34 | | Latest Price | $123.2695(1.08%) | | Stocks Behave Similarly | Similar Stock List | | Daily Trend | IBM advances 0.6% a day on average for past five trading days. | | Weekly Trend | IBM declines -2.4% a week on average for past two weeks. | | Market Behavior | Normal for large cap. Value stock rally for small cap. | | Correlated ETFs | Broad market will support IBM advance at 0% a week (0% probability)
IVE(68%) IWD(68%) SDY(67%) VYM(67%) SPY(63%) | | Factors Impacting IBM price | IBM will decline at least -0.82% in a week (0% probabilities).
VIXM(-24%) TLT(-22%) UUP(-11%) SHY(-7%) TIP(-5%) | | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | | | | Relative Volatility | (options are extremely cheap) | | | | | Market Trend Strength | -0.82% (StdDev 1.64%) | | Hourly BBV | 0 () | | Intraday Trend | 1.3% | | | | | |
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| 1 - 5 Day Possible Target | $117.38(-4.78%) | | Resistance Level | $126.21 | | 5 Day Moving Average | $122.28(0.81%) | | 10 Day Moving Average | $122.89(0.31%) | | 20 Day Moving Average | $126.21(-2.33%) | | To recent high | -9.9% | | To recent low | 2.9% | | Market Cap | $109.781b | | | | | | |
International Business Machines Corp. is an information technology company, which provides integrated solutions that leverage information technology and knowledge of business processes. It operates through the following segments: Cognitive Solutions, Global Business Services, Technology Services & Cloud Platforms, Systems, and Global Financing. The Cognitive Solutions segment comprises a portfolio of capabilities that help IBM's clients to identify actionable insights and inform decision making for competitive advantage. It includes Watson, a cognitive computing platform that has the ability to interact in natural language, process amounts of big data, and learn from interactions with people and computers. This segment consists of Solutions Software, which provides the basis for many of the company's strategic areas including analytics, security and social; and Transaction Processing Software, which includes software that primarily runs mission-critical systems in industries such as banking, airlines and retail. The Global Business Services segment provides clients with consulting, application management and global process services. The Technology Services & Cloud Platforms segment provides comprehensive IT infrastructure and platform services that create business value for clients. The Systems segment provides clients with innovative infrastructure platforms to help meet the requirements of hybrid cloud and enterprise AI workload. The Global Financing segment encompasses two primary businesses: financing, primarily conducted through IBM Credit LLC, and remanufacturing and remarketing. The company was founded by Charles Ranlett Flint and Thomas J. Watson Sr. on June 16, 1911 and is headquartered in Armonk, NY. |