IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $140.00 short call and a strike $150.00 long call offers a potential 7.53% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $140.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $9.30 would be incurred if the stock rose above the $150.00 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 26.74 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
IBM's Watson Forecasts Trends and Products for Holiday Season
Wed, 18 Nov 2015 12:00:00 GMT
PR Newswire – ARMONK, N.Y., Nov. 18, 2015 /PRNewswire/ — IBM (NYSE: IBM) today launched the IBM Watson Trend App, a new way for shoppers to understand the reasons behind the top trends of the holiday season and also predict the hottest products before they sell out. The IBM Watson Trend app distills the sentiment of tens of millions of online conversations by scouring 10,000 sources across social media sites, blogs, forums, comments, ratings and reviews. Unlike other apps or lists that provide a static ranking of “hot” products, the Watson app reveals how consumers feel about the products they are considering or have purchased.
What Warren Buffett Sees In IBM, Others Are Missing
Wed, 18 Nov 2015 01:53:00 GMT
Forbes – Berkshire Hathaway doesn’t usually invest in technology stocks. But it has been investing in IBM, doubling down, as the stock dropped in the third quarter. Apparently, Mr. Buffett sees beyond IBM’s string of declining quarterly revenues to corporate developments other investors missing. While we cannot speak for Mr. Buffett, we can point
International Business Machines Bets Big On the Internet of Things
Wed, 18 Nov 2015 00:00:00 GMT
Motley Fool – Big Blue is betting the house that cutting-edge technologies including the Internet of Things will pay off — and it could be right.
What Are Analyst Recommendations for IBM?
Tue, 17 Nov 2015 20:21:27 GMT
With a Focus on Growth, How can this Major CRM Company Beat Earnings Expectations?
Tue, 17 Nov 2015 16:37:17 GMT
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