IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $180.00 short call and a strike $190.00 long call offers a potential 5.04% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $180.00 by expiration. The full premium credit of $0.48 would be kept by the premium seller. The risk of $9.52 would be incurred if the stock rose above the $190.00 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 34.78 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
[$$] Some Firms Resist Handing Over Keys to the Boardroom
Tue, 18 Apr 2017 03:59:31 +0000
Several big businesses, including International Business Machines and Charles Schwab, are resisting investors’ demands for greater boardroom clout ahead of this year’s annual shareholder meetings.
[$$] Investors Are Giving IBM Too Much Credit
Tue, 18 Apr 2017 03:59:18 +0000
IBM’s sharp rally, which caught many off guard, looks due for a breather.
Goldman Sachs and Bank of America — What you need to know in markets on Tuesday
Mon, 17 Apr 2017 23:22:58 +0000
Big bank earnings will be top-of-mind Tuesday morning. But there's probably still some room to laugh more about Adam Sandler.
Facebook's F8 Begins; 4 Dow Stocks Report Earnings: Investing Action Plan
Mon, 17 Apr 2017 20:36:18 +0000
Facebook will begin its annual developers conference Tuesday, while earnings season kicks into high gear with reports from several Dow Jones industrial average components.
What To Expect When IBM Reports Quarterly Earnings
Mon, 17 Apr 2017 20:20:30 +0000
Still in the midst of a major transition, IBM is set to report first-quarter earnings after the market close Tuesday.
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