Technical Analysis
IBM
On the 4-hour chart, IBM’s stock price is currently trading at approximately $260.50. Applying Bollinger Bands, the price is hovering near the 20-period moving average, with the bands moderately contracted, indicating relatively low volatility. The stock has shown resilience above the lower Bollinger Band, suggesting potential for an upward move if bullish momentum builds post-earnings. A recent green candle indicates buying interest, but the stock remains below the upper band, which sits near $270.00, signaling room for upside if catalysts align.
Target
Wait for bullish confirmation post-earnings.
Entry LONG: Around $262.00, Targeting $270.00.
Secondary Target: $275.00.
Resistance Levels: $265.00, $270.00, $275.00.
Support Levels: $255.00, $250.00, $245.00.
The price is testing the 20-period moving average, and a strong earnings report—particularly with positive AI or cloud revenue updates—could push the stock toward the upper Bollinger Band at $270.00 or higher. Conversely, a disappointing earnings report or weak guidance could see the price drop toward $255.00 or lower, especially if broader market conditions weaken.
QuantSignals
Best AI news analysis and signals
On the 4-hour chart, IBM’s stock price is currently trading at approximately $260.50. Applying Bollinger Bands, the price is hovering near the 20-period moving average, with the bands moderately contracted, indicating relatively low volatility. The stock has shown resilience above the lower Bollinger Band, suggesting potential for an upward move if bullish momentum builds post-earnings. A recent green candle indicates buying interest, but the stock remains below the upper band, which sits near $270.00, signaling room for upside if catalysts align.
Target
Wait for bullish confirmation post-earnings.
Entry LONG: Around $262.00, Targeting $270.00.
Secondary Target: $275.00.
Resistance Levels: $265.00, $270.00, $275.00.
Support Levels: $255.00, $250.00, $245.00.
The price is testing the 20-period moving average, and a strong earnings report—particularly with positive AI or cloud revenue updates—could push the stock toward the upper Bollinger Band at $270.00 or higher. Conversely, a disappointing earnings report or weak guidance could see the price drop toward $255.00 or lower, especially if broader market conditions weaken.
QuantSignals
Best AI news analysis and signals
Free Signals Based on Latest AI models💰: QuantSignals.xyz
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Free Signals Based on Latest AI models💰: QuantSignals.xyz
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.