ABG Analytics logo
 

International Business Machines Corp (NYSE: IBM)

COMPUTER SOFTWARE & SERVICES - Information Technology Services
Sector: Information Technology
Stock price data as of 12/01/2023
Closing price: 160.55
Support price level: $146.03
Resistance price level: N/A
Relative strength index (14-day RSI) 89.5
Beta 0.53
  • 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.

  • 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
$120.90 $160.55 100.0%
200 day 50 day 20 day 10 day
$136.88 $145.97 $152.59 $155.82
(Annualized standard deviation)
Historical
(5 year)		 Last month Current estimate Next month forecast
26.9% 24.4% 19.4% 23.8%
There is an estimated 5% probability that the stock price of International Business Machines Corp will fall by more than:
  • 5.3% in the next week.

  • 13.5% in the next month.

  • 33.6% in the next year.