IBM Finds Strong EMA Support at $289.52
Bullish
Jul 6, 2026 at 2:57 AM
•
$289.52
(+1.15%)
International Business Machines Corp (IBM) advanced 1.15%, ending the session at $289.52 on July 6.
Chart analysis reveals a bullish configuration:
Momentum
RSI at 61.1 is in neutral territory but trending higher. MACD reads 5.25 against its 4.02 signal line (bullish).
Moving Averages
Moving averages are stacked bullishly—9-day EMA ($276.72) supports, 21-day ($271.63) below.
Volatility
Bollinger Band width at 18.3% indicates normal volatility.
Traders are watching $248.04 on the downside and $297.99 on the upside.