IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $177.50 short call and a strike $182.50 long call offers a potential 37.36% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $177.50 by expiration. The full premium credit of $1.36 would be kept by the premium seller. The risk of $3.64 would be incurred if the stock rose above the $182.50 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 27.59 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
Snap, Alibaba, IBM Receive Buy Ratings, American Airlines Downgraded
Wed, 22 Mar 2017 20:15:34 GMT
IBM and Dublin City University Water Institute Collaborate to Advance Internet of Things Research for Water Management
Wed, 22 Mar 2017 19:30:00 GMT
PR Newswire – YORKTOWN HEIGHTS, N.Y., March 22, 2017 /PRNewswire/ — IBM (NYSE: IBM ) today announced with the Dublin City University (DCU) Water Institute a collaborative research pilot to leverage Internet of Things …
IBM Is An ‘Attractive Growth Story For Patient Investors'
Wed, 22 Mar 2017 17:13:03 GMT
The Weather Company Collaborates with Leading Luxury Automobile Manufacturer to Provide Drivers with Hyperlocal Weather Information
Wed, 22 Mar 2017 16:00:00 GMT
PR Newswire – ATLANTA, March 22, 2017 /PRNewswire/ — The Weather Company, an IBM Business (NYSE: IBM) announced today that BMW Group now features weather data provided by The Weather Company within their ConnectedDrive systems in vehicles across North America. This collaboration provides drivers with deeper insight on weather conditions to help them make informed decisions on how to get from one place to the next safely and efficiently.
Why Red Hat and IBM are teaming up on cloud
Wed, 22 Mar 2017 15:46:47 GMT
American City Business Journals – A new strategic collaboration between two of the Triangle’s largest technology companies is a big deal for cloud computing. “The fact that we’re both global companies … and we have strong bases in Raleigh jointly, it has certainly helped the partnership,” he says in an interview. The deal allows IBM to develop private clouds for its customers with Red Hat technology.
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