IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $120.00 short call and a strike $130.00 long call offers a potential 20.05% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $120.00 by expiration. The full premium credit of $1.67 would be kept by the premium seller. The risk of $8.33 would be incurred if the stock rose above the $130.00 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 30.07 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
Qualcomm CEO: It's our moment to be ‘recognized'
Wed, 17 Nov 2021 17:41:16 +0000
Qualcomm's stock just hit a record. Here's what the company's CEO thinks about it.
IBM and David Clark Cause Crown Saaf Water Winner of 4th Annual Call for Code Global Challenge
Wed, 17 Nov 2021 01:30:00 +0000
Today, Call for Code founding partner IBM (NYSE: IBM) and its creator, David Clark Cause, announced the winner of the fourth annual Call for Code Global Challenge, which invited innovators across the globe to combat climate change with open source-powered technology. Call for Code is the largest and most ambitious effort to bring together the world's software developers to take on pressing societal issues by using the latest advanced technologies to problem solve and create cutting-edge solution
Fortune and IBM Watson Health Reveal Annual List of 50 Top-Performing U.S. Cardiovascular Hospitals
Tue, 16 Nov 2021 12:00:00 +0000
IBM (NYSE: IBM) Watson Health today announced its 2022 Fortune/IBM Watson Health 50 Top Cardiovascular Hospitals list, naming the top-performing U.S. hospitals for inpatient cardiovascular services. This year's study included 951 U.S. hospitals with cardiovascular service lines. Based on comparisons between the study winners and a peer group of similar hospitals in the study, the winners delivered better outcomes while operating more efficiently and at a lower cost. The list of the top cardiovas
IBM Unveils Breakthrough 127-Qubit Quantum Processor
Tue, 16 Nov 2021 11:00:00 +0000
IBM (NYSE: IBM) today announced its new 127-quantum bit (qubit) ‘Eagle' processor at the IBM Quantum Summit 2021, its annual event to showcase milestones in quantum hardware, software, and the growth of the quantum ecosystem. The ‘Eagle' processor is a breakthrough in tapping into the massive computing potential of devices based on quantum physics. It heralds the point in hardware development where quantum circuits cannot be reliably simulated exactly on a classical computer. IBM also previewed
IBM claims it has made a quantum chip that cannot be simulated by classical computers in major breakthrough
Mon, 15 Nov 2021 17:37:36 +0000
IBM says it has built a quantum processor that it says cannot be simulated by a classical computer. If true, the processor would represent a major breakthrough in quantum computing, which its proponents say could lead to radical changes in how we are able to deal with information. The company says that the quantum processor is so capable that to simulate its capabilities with a traditional computer, one would require more bits than there are atoms in every person in existence.
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