IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $146.00 short call and a strike $152.50 long call offers a potential 8.51% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $146.00 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $5.99 would be incurred if the stock rose above the $152.50 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.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for IBM
America's Most Powerful Companies Are Using Creepy Artificial Intelligence to Alter Your Behavior
Fri, 04 Aug 2017 01:30:00 +0000
From Starbucks to IBM, artificial intelligence is hot.
IBM sells land near RTP, developer planning $60M industrial park
Thu, 03 Aug 2017 21:25:05 +0000
IBM has sold a tract of nearly 102 acres of wooded, undeveloped land near its campus in Research Triangle Park, and the new owner of the site is making immediate plans to break ground on the first phase of buildings for a new $60 million industrial park. Rich Horn, president of Indianapolis-based Strategic Capital Partners, says he and his partners have been working for more than a year with IBM and Durham city officials to secure the entitlements needed to construct up to 1 million square feet of new industrial warehouse space, a project they’re calling Patriot Park. The new business park will be near the intersection of Miami Boulevard and Patriot Drive in Durham and is surrounded on all sides by either Cree’s headquarters to the south, Toshiba Global Commerce Solutions to the west, TBC Industrial Park and GE Aviation’s Durham manufacturing plant to the north and tributaries of Stirrup Iron Creek to the west.
What IBM’s Technical Indicators Say about the Stock
Thu, 03 Aug 2017 14:35:43 +0000
As of July 26, IBM stock has fallen 10% in the trailing-12-month period, 5.1% in the trailing-one-month period, and 5.07% in the trailing-five-day period.
Microsoft Bids Goodbye to ‘Mobile First’ Mantra in Favor of AI
Thu, 03 Aug 2017 13:53:39 +0000
RIP, 'mobile first, cloud first.'
What Industry Analysts Say about IBM after the 2Q17 Results
Thu, 03 Aug 2017 13:05:44 +0000
Seasonality is expected to weigh on IBM's fiscal 3Q17 results. IBM expects a sequential fall of almost $1 billion in its revenue.
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