International Business Machines Corp.

International Business Machines Corp. (IBM) — Downtrend in force

International Business Machines Corp. (IBM) is trading at $222.64, -2.87 (-1.32%) on the session. Over the last 127 sessions the trend is down with a -9.8% move. Price is -32.4% from its 6-month high and +8.2% from its 6-month low. Annualised volatility (30-day) is ~33%.

Trend Downtrend in force

International Business Machines Corp. (IBM) is trading at $222.64. Over the last 127 sessions the trend is **down** with a -9.8% move.

Price is -32.4% from the 6-month high and +8.2% from the low. Annualised volatility (30-day) is ~33%.

Price is below the 15-day MA ($228.89, -2.7%) and below the 50-day SMA ($232.03).

Bollinger Bands Inside the bands — range-bound

Bollinger Bands (20, 2): price is at $222.64, upper $249.03, middle $231.59, lower $214.14. Price is inside the bands — range-bound.

Bandwidth is 15.1% of price — expanded (high volatility). Width contraction often precedes a directional breakout; expansion confirms one underway.

RSI (14) Weakening

RSI(14) is 24.6. Nearing the 30 oversold line.

Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.

MACD (12, 26, 9) Bearish — momentum slowing

MACD (12, 26, 9): line $-3.79, signal $-2.72, histogram -1.063.

The fast line has crossed below the signal line and the histogram is negative. Price may still be rising overall, but momentum is weakening — often seen before a correction, a sideways consolidation, or a final push higher.

Volume Analysis Balanced volume

Up-day and down-day volume are roughly even (ratio 0.85) over the recent 19 sessions — no strong conviction either way.

Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.

Smart Money (A/D) Smart money distributing

The A/D line is falling and well off highs. If smart money were exiting you would expect lower highs and volume spikes on down days — distribution pressure is building.

A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.

Anchored VWAP Below anchored VWAP — period buyers underwater

Price ($222.64) is -9.4% below the anchored VWAP ($245.72). Period buyers are underwater — overhead supply tends to cap rallies.

Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.

Key Levels 3 resistance / 2 support levels

Current price $222.64. Resistance above: $232.88, $237.46, $240.81. Support below: $218.60, $214.14.

Watch $232.88 as the first upside level to clear, and $218.60 as the first downside level to hold. A clean break of either often determines the next leg.

Signal breakdown

• Trend (6mo) Bearish Linear-regression slope is down (-9.8% over the period).
• Price vs 50-day SMA Bearish Price is below the 50-day SMA ($232.03).
• RSI (14) Bullish RSI 25 — oversold, bounce setup.
• MACD (12,26,9) Bearish Histogram negative (-1.063) — fast line below signal.
• Bollinger %B Bearish Price in the lower half of the bands (%B 0.24).
• Volume profile Neutral Volume balanced between up and down days.
• A/D line Bearish A/D line slope is falling — distribution pressure.
• AVWAP Bearish Price below anchored VWAP ($245.72).

Generated from 127 daily closes in the scraped 6-month OHLCV series (quote data 2026-10-03T17:16:51.286181356Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.