Go to the list of all blogs
Anna G's Avatar
published in Blogs
Sep 23, 2023

📈 $IBM Soars: A Top Quarterly Gainer with +15.54% Rise!

Amidst the volatility and challenges in the stock market, International Business Machines ($IBM) emerges as a beacon of optimism. This tech giant's stock price 🚀 catapulted to $149.83, reflecting an impressive quarterly uptick of +15.54%. Notably, IBM wasn't alone in its triumphant rally. A comprehensive analysis by A.I.dvisor of 150 stocks within the Information Technology Services Industry indicated that more than half (56.86%) followed an upward trajectory over the past quarter.

💻🌐 Navigate the World of International Business Machines (IBM) with AI Precision! 💹💼

If you're considering investments in IBM, our AI-powered trading tools are tailor-made to help you seize the opportunities in this dynamic market.

📊 "Choppy Market Trader for Beginners: Hi-tech Stocks (TA&FA)" is designed for those seeking stability in the fast-paced world of hi-tech stocks, offering an Annualized Return of +37%.

🚀 "Swing Trader, Popular Stocks: Long Bias Strategy (TA&FA)" provides a strategic advantage, potentially delivering an Annualized Return of +44% by focusing on long-bias strategies.

📈 For those looking to maximize short-term gains, "Day Trader, Popular Stocks: Long Bias Strategy (TA&FA)" shines with an Annualized Return of +50%.

Embrace the power of AI in your IBM trading endeavors. Make informed decisions, manage risk, and potentially enhance your returns with our AI-backed trading tools. Let's navigate the world of trading together! 📈💼 Discover the future of trading with AI expertise!

📊 Key Insights:

  1. Earnings Report: IBM's latest earnings report, released on July 19, revealed a commendable EPS of $2.18, surpassing the predicted $2.02. A robust performance, indeed!
  2. Dividends Galore: Stockholders received dividends worth $1.66 per share. However, if you’re eyeing this payout in the future, remember the significance of the ex-dividend date (August 09, 2023 in this case) – purchasing the stock post this date would mean missing out on the next dividend.
  3. Market Cap Dynamics: With a market capitalization reaching an astronomical 136.50B, IBM stands tall among its peers. A look across the industry reveals an average market capitalization of 7.7B.
  4. Weekly Analysis: The past week witnessed a minor slump of -0.50% for IBM, with a trading volume averaging 212,612 shares.

🌐 Industry Overview: The Information Technology Services Industry, a cornerstone of modern digital transformation, primarily focuses on creating solutions for data storage, retrieval, transmission, and manipulation. The industry's total market valuation touches the trillions, signaling its ever-increasing significance in today's digital-first world. Giants like Accenture PLC (ACN) and Xerox Holdings Corp (XRX) are notable mentions in this vast landscape.

🔍 Macro Trends: While IBM took the limelight with its stellar quarterly performance, the broader industry presented a mixed bag. Average weekly growth stood at 15%, but the monthly and quarterly figures rested at 9% and 3% respectively. MBGH emerged as a breakout star with a whopping 211% price growth, while SVPLF faced the steepest decline at -57%.

📌 Fundamental Analysis:

  • Valuation Rating: 43
  • P/E Growth Rating: 65
  • Price Growth Rating: 51
  • SMR Rating: 69
  • Profit Risk Rating: 82
  • Seasonality Score: -19

For traders and investors, IBM's recent performance reinforces the significance of comprehensive research and staying updated with market dynamics. With an 86% historical accuracy in predictions, A.I.dvisor continues to be a valuable ally for astute market players.

Related Ticker: IBM

IBM saw its Stochastic Oscillator recovers from the overbought zone

The Stochastic Oscillator for IBM moved out of overbought territory on July 22, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 57 similar instances where the indicator exited the overbought zone. In of the 57 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for IBM moved out of overbought territory on July 19, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 similar instances where the indicator moved out of overbought territory. In of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where IBM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

IBM broke above its upper Bollinger Band on July 16, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

IBM moved above its 50-day moving average on June 20, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for IBM crossed bullishly above the 50-day moving average on June 24, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IBM advanced for three days, in of 338 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 223 cases where IBM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 84%.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (7.273) is normal, around the industry mean (10.035). P/E Ratio (20.879) is within average values for comparable stocks, (47.884). IBM's Projected Growth (PEG Ratio) (3.685) is very high in comparison to the industry average of (1.596). Dividend Yield (0.036) settles around the average of (0.024) among similar stocks. P/S Ratio (2.747) is also within normal values, averaging (46.690).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. IBM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

Notable companies

The most notable companies in this group are Accenture PLC (NYSE:ACN), International Business Machines Corp (NYSE:IBM), Xerox Holdings Corp (NASDAQ:XRX), Unisys Corp (NYSE:UIS).

Industry description

The industry, whose total market cap runs into trillions, makes hardware/software that allows data to be stored, retrieved, transmitted, and manipulated on computers. With the ever-increasing relevance of data, the information technology (IT) industry has gained momentous growth over the years, and continues to thrive on innovation. Some of the behemoths in the industry are International Business Machines Corporation, Accenture, and VMware, Inc.

Market Cap

The average market capitalization across the Information Technology Services Industry is 9.09B. The market cap for tickers in the group ranges from 0 to 207.65B. ACN holds the highest valuation in this group at 207.65B. The lowest valued company is ARSC at 0.

High and low price notable news

The average weekly price growth across all stocks in the Information Technology Services Industry was 6%. For the same Industry, the average monthly price growth was 18%, and the average quarterly price growth was 12%. FWFW experienced the highest price growth at 527%, while MLBEF experienced the biggest fall at -25%.

Volume

The average weekly volume growth across all stocks in the Information Technology Services Industry was 31%. For the same stocks of the Industry, the average monthly volume growth was -29% and the average quarterly volume growth was 34%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 40
P/E Growth Rating: 59
Price Growth Rating: 49
SMR Rating: 74
Profit Risk Rating: 81
Seasonality Score: 7 (-100 ... +100)
View a ticker or compare two or three
IBM
Daily Signal changed days ago
Gain/Loss if shorted
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a manufacturer of various computer products through the use of advanced information technology

Industry InformationTechnologyServices

Profile
Fundamentals
Details
Industry
Information Technology Services
Address
One New Orchard Road
Phone
+1 914 499-1900
Employees
305300
Web
http://www.ibm.com
Ad is loading...
Discover the dynamic world of cryptocurrency trading with Tickeron's AI analysis. Capitalize on bullish and bearish patterns in Origin Protocol (OGN.X), with gains up to 27.80%. Stay ahead with Tickeron's real-time insights and make informed trading decisions. #CryptoTrading #AIAnalysis #OriginProtocol #InvestSmart
#latest#popular#patterns#artificial_intelligence#trading#technical_analysis
Dive into the world of trading excellence with our Best AI Robot of the week! In a market characterized by growth, the key to maximizing profits lies not only in mainstream large-cap stocks but also in exploring opportunities across different market segments.
This article delves into the performance of AI trading robots, specifically those utilizing the "Swing trader: Long-Short Equity Strategy (TA&FA)." These bots showcased their prowess by delivering a notable +4.98% gain while engaging in MRNA trades over the previous week. Beyond mere statistics, we explore the technical indicators and recent earnings report of MRNA to shed light on the underlying dynamics influencing the stock.
Artificial intelligence (AI) trading bots have become powerful tools for investors seeking active trading opportunities. In a recent analysis conducted on the "Day Trader: High Volatility Stocks for Active Trading (TA&FA)" platform, AI trading bots exhibited impressive performance, generating a noteworthy +4.81% gain while actively trading Shopify (SHOP) over the course of the previous week.
In the dynamic world of finance, strategic asset acquisition is a game-changer. Recently, a group of stocks within this domain has been in the spotlight, showcasing notable performances and intriguing patterns. This article delves into the recent movements of these stocks, focusing on key indicators, market capitalization, notable price events, and volume dynamics.
The Tickeron quant team is delighted to introduce our best robot of the week tailored for Trend Traders. Our sophisticated AI Robot, has been designed for manual trading enthusiasts who value independent signal selection.
Tickeron's Quant team is delighted to introduce our latest AI-powered robot designed for trading small-cap stocks, employing a distinctive fundamental stock analysis algorithm. This algorithm, renowned for its blend of in-depth analysis and intuitive signal-following capabilities, is well-suited for both novice and seasoned traders.
The Tickeron quant team proudly presents our top-performing AI robot for swing traders. This robot stands out with its remarkable accuracy, empowering traders to capitalize on diverse market conditions and transaction types. Demonstrating its proficiency, it achieved profitability in short trades during last week's strong uptrend in the US stock markets.
One such example is the "Trend Trader: Popular Stocks (TA&FA)" platform, where AI trading robots demonstrated their prowess by generating a notable gain while actively trading Adobe Inc. (ADBE) over the previous week. In this article, we delve into a technical analysis of ADBE's recent performance, shedding light on key indicators and recent earnings results.
​​​​​​​The railroads sector, encompassing prominent players such as Canadian Pacific Railway (CP), CSX Corporation (CSX), Norfolk Southern Corporation (NSC), Canadian National Railway Company (CNI), and Union Pacific Corporation (UNP), has undergone a noteworthy surge in performance over the past week. However, a closer examination reveals a complex landscape marked by negative outlook signals and fluctuating market dynamics.
The Tickeron quant team is excited to introduce our premier AI robot, specifically optimized for Swing Traders. This tool represents the pinnacle of our technological advancements in trading algorithms. Excelling in the market, it has achieved an impressive feat, earning twice as much as the S&P 500 in just the past week.
In the whirlwind of the current mergers and acquisitions frenzy, investors are reaping substantial rewards as stocks within the merger industry theme surged by an impressive 20.9% on average over the past month.
The Tickeron quant team is delighted to introduce our top-performing AI robot tailored for beginners. Our AI Robot specializes in navigating the high-tech stocks within the NASDAQ 100 index, renowned for their liquidity and moderate volatility—making them an ideal choice for novice traders.
In the dynamic landscape of the US stock markets, where unpredictability has become the norm, finding a trading strategy that not only thrives in periods of growth but also shields against sharp corrections is paramount.
The Tickeron quant team proudly introduces our premier AI Robot, tailor-made for trend traders who prefer manual trading and selecting their own signals. This AI Robot stands out with its impressive track record of consistent trading predictions, empowering traders to align their decisions with personal preferences.
Tickeron is excited to highlight the exceptional performance of our top AI robot this week, given the recent downturn in major US stock indices. While the SP500, NASDAQ 100, and Dow Jones Industrial all experienced declines, our AI robot, thanks to its well-calibrated diversification across various industries, demonstrated remarkable resilience.
As the trading week came to a close on Friday, there were notable movements across various asset classes:
Tickeron's quant team diligently monitors developed trading algorithms daily to determine the most effective ones. Today, we are delighted to present three of the best robots tailored for swing traders, showcasing consistently positive results over several months, irrespective of market conditions. This week, they underscored their efficacy by yielding impressive gains across various stocks, even as major US stock indexes dipped.
Tickeron is excited to highlight the exceptional performance of our top AI robot this week. The US stock market has experienced a consistent upward trend for the past five months, heightening the anticipation of a forthcoming correction with each passing day.
Introducing our top-performing best AI Robot of the week, designed by Tickeron's expert quant team for trading small-cap stocks. This algorithm blends classical and proprietary technical indicators, honed through advanced machine learning, to empower users with effective portfolio diversification and maximum profitability in the dynamic market.