IBM Stock International Business Machines (IBM, $191.98) soared +16.01% and reached a 3-month high. Expect an Uptrend reversal

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07/26/24

IBM - International Business Machines Corp

3-month jump

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Odds of DOWN Trend

Price: $191.98

Daily change: +$7.96 (+4.33%)

Daily volume: 9.5M

3-month price change: +$26.49 (+16.01%)

Capitalization: $176.4B

Industry: Information Technology Services

International Business Machines (IBM, $191.98) gained +1 and reached a new high over the last three months. By comparison, the broader Information Technology Services Industry returned over the same period of time. A.I.dvisor analyzed 146 stocks in the Information Technology Services Industry over the same period of time and found that of them (7) were in an Uptrend while of them (2) showed a Downtrend. A.I.dvisor found 114 similar cases when IBM's price went up within three months. In out of those 114 cases, IBM's price went down during the next month. Based on these historical data, A.I. thinks the odds of an Uptrend reversal for IBM are

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