January 12, 2019 - 7:15 PM EST
International Business Machine $IBM Technical Update
International Business Machine $IBM Technical Update

The International Business Machine (NYSE: IBM) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for IBM, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Review the Trading Plans:

Technical Summary

Term → Near Mid Long
Bias Strong Weak Neutral
P1 116.50 101.64 103.51
P2 119.59 113.12 122.01
P3 121.91 124.16 139.93

Long Term Trading Plans for IBM

January 12, 2019, 7:15 pm ET

The Technical Summary and Trading Plans for IBM help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this IBM Report.

IBM - (Long) Support Plan

The technical summary data tells us to buy IBM near 103.51 with an upside target of 122.01. This data also tells us to set a stop loss @ 103.25 to protect against excessive loss in case the stock begins to move against the trade. 103.51 is the first level of support below 121.46 , and by rule, any test of support is a buy signal. In this case, support 103.51 would be being tested, so a buy signal would exist.

IBM - (Short) Resistance Plan

The technical summary data is suggesting a short of IBM as it gets near 122.01 with a downside target of 103.51. We should have a stop loss in place at 122.27 though. 122.01 is the first level of resistance above 121.46, and by rule, any test of resistance is a short signal. In this case, if resistance 122.01 is being tested, so a short signal would exist.

IBM Long Term Analysis

IBM EPS Analysis

IBM Dividend Chart

IBM Revenue chart

IBM Growth rate - Quarterly

IBM Growth rate - Yearly

IBM PE chart

IBM PEG chart

Source: Stock Traders Daily (January 12, 2019 - 7:15 PM EST)