IBM

IBM

International Business Machines Corp
Technology
$231.04 -1.97% As of Aug 24, 9:02 PM
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Trade Idea

Strategy
Bull Call
Strikes
$230/235
Expiration
Sep 18
Target ROI
100.0%

Technical Analysis

IBM Struggles Below Key Moving Averages at $231.04

Bearish
Aug 24, 2026 at 9:02 PM $231.04 (-1.97%)

International Business Machines Corp (IBM) closed down 1.97% at $231.04 on August 24.

Chart analysis reveals a mixed configuration:

Moving Averages The stock trades below its 9-day EMA ($233.58) with the 21-day ($234.26) acting as overhead resistance.
Momentum RSI at 44.9 is in neutral territory. MACD is bullish (-2.02 vs signal -3.28).
Volatility Stock has been in a TTM Squeeze for 3 days, indicating compressed volatility and potential for a significant move.

While EMAs remain bearish, positive MACD divergence hints at potential support around $222.79.

Support sits at $222.79 with resistance at $241.92.

Bullish Momentum Returns to IBM Near $235.68

Bullish
Aug 24, 2026 at 12:22 AM $235.68 (+0.86%)

International Business Machines Corp (IBM) gained 0.86% to finish at $235.68 on August 24.

From a technical standpoint, the outlook appears bullish:

Moving Averages Mixed signals with price near the 9-day EMA ($234.22). The 21-day EMA sits at $234.59.
Momentum RSI at 48.7 is neutral but improving. MACD reads -1.93 against its -3.59 signal line (bullish).
Volatility Bollinger Band width at 10.2% indicates normal volatility.

Watch $219.75 as support and $243.47 as resistance.

IBM Buyers Gain Momentum Edge at $235.68

Bullish
Aug 23, 2026 at 4:52 AM $235.68 (+0.86%)

IBM Buyers Gain Momentum Edge at $235.68

Bullish
Aug 22, 2026 at 6:51 AM $235.68 (+0.86%)

Trend Strengthening: IBM MACD Bullish at $235.68

Bullish
Aug 21, 2026 at 9:02 PM $235.68 (+0.86%)
Systematic technical analysis • Updated daily after market close
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Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp 24
Trade Date Aug 12, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.