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 $170.00 long call offers a potential 21.21% return on risk over the next 37 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 $1.75 would be kept by the premium seller. The risk of $8.25 would be incurred if the stock rose above the $170.00 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 32.88 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
IBM Counters CIOs' Shift to Commodity Servers with New Mainframe
Fri, 16 Jan 2015 00:32:18 GMT
The Wall Street Journal – IBM is fighting a generational shift away from mainframes with what it says is its most powerful machine. But will it be enough to lure younger CIOs away from cheaper hardware? “The fundamental challenge …
OHSU could get a slice of a monster $11B Defense contract
Thu, 15 Jan 2015 22:27:17 GMT
Like Clockwork, Intel Beats Again – Analyst Blog
Thu, 15 Jan 2015 22:23:10 GMT
IBM Leads Patent List As Google, Apple Move Up Ladder
Thu, 15 Jan 2015 19:45:00 GMT
NYC Students Spark Innovative Ideas to Improve Higher Education, City Services Using IBM Watson
Thu, 15 Jan 2015 19:36:50 GMT
noodls – NEW YORK, N.Y. – 15 Jan 2015: IBM (NYSE: IBM ) and the City University of New York (CUNY) today announced student winners of a technology contest to propose innovative ideas that might help solve some …
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