Question 1

What implications does the 10-day RSI indicator have for IBM?

Accepted Answer

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

Question 2

What does the Stochastic Oscillator suggest about IBM's trend?

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 3

How did IBM's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 13, 2024. You may want to consider a long position or call options on IBM as a result. In 51 of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 62%.

Question 4

What does MACD indicator imply for IBM?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for IBM turned positive on August 15, 2024. Looking at past instances where IBM's MACD turned positive, the stock continued to rise in 26 of 41 cases over the following month. The odds of a continued upward trend are 63%.

Question 5

What does a 3-day price advance indicate for IBM?

Accepted Answer

Following a +2.28% 3-day Advance, the price is estimated to grow further. Considering data from situations where IBM advanced for three days, in 204 of 337 cases, the price rose further within the following month. The odds of a continued upward trend are 61%.

Question 6

What does a 3-day decline signify for IBM's future price movement?

Accepted Answer

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 50 of 62 cases within the following month. The odds of a continued downward trend are 44%.

Question 7

What does IBM breaking above its upper Bollinger Band indicate?

Accepted Answer

IBM broke above its upper Bollinger Band on September 04, 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.

Question 8

How does the Aroon Indicator reflect on IBM's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 150 of 237 cases where IBM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 63%.

IBM Stock International Business Machines (IBM, $168.61) RSI Indicator left the oversold zone on May 06, 2024

IBM's MACD Histogram crosses above signal line

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