IBM Extends Rally on EMA Support Near $253.84
Bullish
May 26, 2026 at 12:20 AM
•
$253.84
(+0.35%)
Shares of International Business Machines Corp (IBM) rose 0.35% to $253.84 on May 26.
Technical indicators paint a bullish picture:
Moving Averages
The stock holds above both the 9-day ($234.01) and 21-day ($232.10) EMAs, confirming the uptrend.
Momentum
RSI at 66.5 is in neutral territory but trending higher. MACD is bullish (-0.46 vs signal -4.16).
Volatility
Price is extended above the upper Bollinger Band ($247.68), suggesting possible mean reversion.
The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.
Watch $209.02 as support and $247.68 as resistance.