IBM Stock Forecast & International Business Machines Chart Analysis
This article provides a detailed analysis of IBM-International Business Machines stock including a forecast for IBM shares. It features International Business Machines Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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IBM Historical Data Review
IBM Current Price Performance Analysis
The International Business Machines - IBM stock traded on the American stock market, on 06-05-2024, closed at 167.38$ with a %0.95 increased compared to the previous day.
In the last month, the price of IBM changed by %-0.73 decreased in value, from 168.61 dollars on 05-06-2024 to 167.38 dollars, decreased.
Last year, the price of IBM was 132.69 dollars on 06-06-2023, and changed by %26.14 increased in value, to 167.38 dollars increased within a year.
The price of International Business Machines stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
IBM with AI Stock Forecast & Price Target
On the IBM chart International Business Machines price was recorded as 167.38 Dollars on 06/05/2024.
The artificial intelligence's forecast on IBM stock is as follows.
The artificial intelligence's prediction error margin for IBM stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for International Business Machines stock over the next 4 months is: 178.1 Dollars.
The commentary on IBM stock Target Price: Highest: 199.233 Dollars is predicted.
The commentary on IBM stock Target Price: Lowest: 164.692 Dollars is predicted.
Resistance Price where International Business Machines stock will Rise and Fall:
Date | Price Prediction |
---|---|
06-20-2024 | 189.180 |
09-03-2024 | 172.888 |
12-12-2024 | 182.041 |
01-01-2025 | 180.621 |
01-31-2025 | 183.996 |
02-10-2025 | 184.255 |
Support Price where International Business Machines stock will Fall and Rise:
Date | Price Prediction |
---|---|
07-30-2024 | 164.976 |
10-08-2024 | 164.692 |
12-27-2024 | 180.478 |
01-06-2025 | 180.326 |
02-05-2025 | 183.927 |
02-25-2025 | 183.943 |
The commentary on IBM stock: The target price can generally be said to be on the rise.
The commentary on IBM stock: Fluctuations in the target price can be expected in the coming days.
The target price for International Business Machines stock by the end of 2024 is predicted to be 180.478 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on IBM stock, and the 2024 target price predictions for International Business Machines are detailed above.
The technical analysis and charts for the commentary on IBM stock are below.
IBM Support & Resistance and Trend Analysis
IBM stock you have reviewed the technical analysis support resistance charts regarding.
IBM : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the IBM review, the International Business Machines support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
International Business Machines Support and Resistance Prices:
IBM Support Level Price | IBM Resistance Level Price |
---|---|
157.89 | 165.98 |
159.53 | 166.34 |
162.62 | 175.46 |
165.88 | 187.48 |
178.75 | 188.95 |
181.49 | 193.28 |
181.69 | 196.90 |
188.50 | 198.73 |
199.18 |
IBM Technical Analysis: SMA, RSI, MACD
Upon reviewing the IBM chart, buy and sell signals have been generated in the International Business Machines technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for IBM stock are as follows:- The technical analysis for IBM indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for IBM indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for International Business Machines issued a 'Buy' signal when the MACD was at -5.097, with the current MACD value being: -2.15
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for International Business Machines stock: Click here to read more predictions on QUALCOMM Incorporated stock.
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