International Business Machines Technical Analysis (NYSE:IBM)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the International Business Machines stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the IBM stock chart which creates a trading signal.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for International Business Machines. The technical analysis form of International Business Machines stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
International Business Machines Moving Average:
Moving averages show the average price of IBM stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A rise in trend over the long term indicates a long term uptrend. Similarly a falling IBM moving average implies that International Business Machines stock price is falling.
International Business Machines Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the IBM stock. International Business Machines bollinger bands show that the stock price is $160.29, upper band is 77.84, lower band is 74.18, and the average is 76.01.
International Business Machines Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The International Business Machines MACD indicator is above 0 indicating a bullish trend.
International Business Machines Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of IBM stock is 16.39. .