IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $144.00 short put and a strike $139.00 long put offers a potential 33.33% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $144.00 by expiration. The full premium credit of $1.25 would be kept by the premium seller. The risk of $3.75 would be incurred if the stock dropped below the $139.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for IBM is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for IBM is bullish.
The RSI indicator is at 65.44 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
IBM earnings: Security is growing fast, but is it enough money to matter?
Sun, 15 Jul 2018 17:53:00 +0000
In the continuing story of International Business Machines Corp.’s attempt to transform itself for the new age, one large focus will be how the tech company is taking advantage of a heightened security climate.
IBM Poised to Report Third Straight Quarter of Growth
Sun, 15 Jul 2018 15:50:00 +0000
Analysts expect both revenue and earnings to rise in IBM's second quarter.
IBM's Debater: Your Next Lawyer?
Sun, 15 Jul 2018 11:20:00 +0000
Atticus Finch, Clarence Darrow … IBM Debater? What does the company envision for this latest AI project?
These 2 Dividend Stocks Are Worth a Look
Sat, 14 Jul 2018 16:00:00 +0000
Looking for dividend payouts? These two companies tick that box in a big way.
Microsoft President: Facial Recognition Technology Needs Government Regulation
Fri, 13 Jul 2018 18:08:49 +0000
"Facial recognition technology raises issues that go to the heart of fundamental human rights."
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