IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $175.00 short call and a strike $185.00 long call offers a potential 13.12% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $175.00 by expiration. The full premium credit of $1.16 would be kept by the premium seller. The risk of $8.84 would be incurred if the stock rose above the $185.00 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 at 25.44 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
HARMAN and IBM Watson Internet of Things Introduce Cognitive Rooms that Bring Connected Experiences to the Consumer
Wed, 19 Apr 2017 10:00:00 +0000
ARMONK, N.Y. and NORTHRIDGE, Calif., April 19, 2017 /PRNewswire/ — HARMAN Professional Solutions and IBM (NYSE: IBM) Watson Internet of Things (IoT) today unveiled Voice-Enabled Cognitive Rooms. Using IBM's Watson artificial intelligence (AI) technology and HARMAN AKG microphones, JBL speakers and AMX AV control and switching systems, the companies bring highly connected experiences to medical facilities, corporate offices, hotels, cruise ships and other hospitality environments. In addition to the current in-market solutions, HARMAN is part of IBM's cognitive collaboratories based in its $200 million Watson IoT global headquarters in Munich.
U.S. stocks primed to edge higher, as earnings stay center stage
Wed, 19 Apr 2017 09:46:29 +0000
U.S. stock futures point to a small gain at the open, putting the market on track to recover somewhat a fall prompted by a tepid corporate earnings, with Morgan Stanley results ahead.
[$$] Stock markets stall amid earnings concerns
Wed, 19 Apr 2017 08:22:29 +0000
Wednesday 08:35 BST What you need to know ? European bourses mixed after Japan flat and China stocks slip? S&P 500 futures inch up but corporate earnings concerns linger? Sterling holds near six-month …
[$$] IBM Profit Falls 13% as Profit Margins Narrow
Wed, 19 Apr 2017 05:08:43 +0000
International Business Machines reported a 13% drop in quarterly earnings and narrower profit margins across its business units, including divisions that manage the cloud computing and Watson artificial …
Futures: Dow Faces 62-Point Drag But These 2 E-Commerce Giants Are In Buy Range
Wed, 19 Apr 2017 04:29:39 +0000
Dow futures dipped late Tuesday as IBM sold off after its latest sales miss. Lam Research may lift some chip stocks; eBay is in buy range ahead of Wednesday's earnings.
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