Technical Analysis Of IBM,Tessera And VDSI

IBM Stock Technical Analysis

Note: This technical analysis is based on the closing price as on February 5th. For latest IBM Technical Charts see here.

IBM (NYSE:IBM) stock price is testing the 50 day moving average line, which has been acting as a resistance for the stock price. The stock price had hit the moving average line on February 3rd, after which it withdrew marginally. The stock price had earlier broken above the 20 day moving average. The volume has declined recently, indicating that the stock price may not be able to break above the 50 day moving average and 50 day moving average will continiue to act as a resistance line.
IBM Technical chart
IBM Technical by amigobulls.com

VDSI stock Technical Analysis

Note: This technical analysis is based on the closing price as on February 5th. For latest VDSI Technical Charts see here.

Vasco Data Security (NASDAQ:VDSI) stock price has broken above the 20 day moving average and is now testing the 100 day moving average. The 100 day moving average had, till recently, been acting as a support. While the MACD is below the ‘zero’ centerline, the MACD line has crossed the signal line in a bullish crossover.
VDSI Technical chart
VDSI Technical Analyis Chart by amigobulls.com

Tessera Technology Stock Technical Analysis

Note: This technical analysis is based on the closing price as on February 5th. For latest Tessera Technology Technical Charts see here.

RSI of 75.5 indicates that Tessera Technology (NASDAQ:TSRA) stock price is in overbought territory, signaling a likely decline in price. The stock price is also about to hit the upper Bollinger band. The MACD divergence between MACD line and signal line has also widened, indicating a likely decline in price.
TSRA Technical chart
Tessera Technical Analysis Chart by amigobulls.com

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Neither Amigobulls, nor any members of its staff hold positions in any of the stocks discussed in this post. The author may not be a certified/registered investment advisor, and the opinions expressed should not be treated as investment advice. Buying and selling of securities carries the risk of monetary losses. Readers/Viewers are advised to carry out their own due diligence and consult their investment advisors before making any investment decisions. Neither Amigobulls, nor the author have any business relationship with any of the companies covered in this post.

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