IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $162.50 short call and a strike $167.50 long call offers a potential 14.68% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $162.50 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $4.36 would be incurred if the stock rose above the $167.50 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 at 56.45 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
[$$] After Octopus and Oyster, now phone data are transforming global transport systems
Wed, 07 Dec 2016 04:34:48 GMT
Financial Times – While people in more developed cities might be comfortable with data on how they travel being used to improve transport systems, passengers in emerging cities are also starting to benefit from the collection …
Will International Business Machines Corp. Raise Its Dividend in 2017?
Tue, 06 Dec 2016 22:39:00 GMT
Beck, Mack & Oliver Sells IBM Shares in 3Q16 (IBM)
Tue, 06 Dec 2016 21:07:00 GMT
Investopedia – Beck, Mack & Oliver sold 468 shares of International Business Machines Corp. (IBM) in the third quarter of 2016.
Trump Invites The Tech Leaders Who Opposed Him In For A Talk
Tue, 06 Dec 2016 20:39:23 GMT
Credit Suisse Verifies IBM's Sell Rating (IBM)
Tue, 06 Dec 2016 18:44:00 GMT
Investopedia – Credit Suisse Group AG restated its Sell grade of of shares of International Business Machines Corp. in a research report sent to investors last week.
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