IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $160.00 short call and a strike $165.00 long call offers a potential 13.64% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $160.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock rose above the $165.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for IBM is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for IBM is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for IBM
German project looks to home photovoltaic systems to help grid
Tue, 02 May 2017 07:00:45 +0000
Grid operator Tennet (IPO-TTH.AS) and solar battery maker Sonnen GmbH have launched a pilot project that will tap home photovoltaic (PV) systems to help iron out imbalances on Germany's power network. TenneT and Sonnen's e-Services subsidiary aim to sign up 6,000 household PV producers equipped with storage batteries by the end of May. The project will be supported by blockchain technology from IBM, which works as an inexpensive transaction-processing system for tracking and recording encrypted information.
Asian shares mostly higher despite soft China factory data
Tue, 02 May 2017 03:47:08 +0000
TOKYO (AP) — Shares were mostly higher in Asia early Tuesday after an upbeat day on Wall Street. Weaker than expected China manufacturing data appeared to have a muted impact.
3 Tech Stocks That Are Dominating Machine Learning
Tue, 02 May 2017 01:25:00 +0000
IBM, Microsoft, and Amazon accounted for nearly two-thirds of the machine learning market last year — and there's no slowing them down.
Garry Kasparov: Every profession will feel the pressure o…
Mon, 01 May 2017 20:36:00 +0000
Garry Kasparov, Russian pro-democracy leader and former world chess champion, discusses the future for artificial intelligence.
‘Dogs Of The Dow' Chevron, Verizon And Exxon Need To Be Rescued By Investors
Mon, 01 May 2017 13:36:00 +0000
The eight stocks designated as the “Dogs of the Dow” for 2017 have an aggregate gain of just 0.5% year to date at the end of April, underperforming the gain of 6% for the Dow Jones Industrial Average.
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