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International Business Machines Corp (NYSE: IBM)

COMPUTER SOFTWARE & SERVICES - Information Technology Services
Sector: Information Technology
Stock price data as of 12/06/2024
Closing price: 238.04
Support price level: $224.70
Resistance price level: N/A
Relative strength index (14-day RSI) 94.8
Beta 0.60
  • IBM is at or near its 52-week high. Studies have found that such stocks have an increased probability of outperforming the market over the next year.

  • IBM is one of this month's top performers with a return of 11.4 percent, beating 90 percent of stocks in the S&P-100.

  • Up 4.7 percent, IBM is one of this week's biggest gainers.

  • Volatility is forecast to fall over the next month.

  • With RSI > 70, IBM is overbought. Odds slightly favor a short-term price reversal.

  • Price broke above prior resistance level - a short-term bullish signal.

Low High Price as % of Range
$159.16 $238.04 100.0%
200 day 50 day 20 day 10 day
$194.56 $221.61 $220.67 $229.49
(Annualized standard deviation)
Historical
(5 year)		 Last month Current estimate Next month forecast
26.8% 27.7% 23.5% 25.2%
There is an estimated 5% probability that the stock price of International Business Machines Corp will fall by more than:
  • 6.4% in the next week.

  • 14.2% in the next month.

  • 43.6% in the next year.