IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $142.00 short call and a strike $147.00 long call offers a potential 31.58% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $142.00 by expiration. The full premium credit of $1.20 would be kept by the premium seller. The risk of $3.80 would be incurred if the stock rose above the $147.00 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 28.98 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
IBM is going to change how we forecast the weather with Watson
Thu, 29 Oct 2015 11:00:27 GMT
IBM to acquire the Weather Co.'s digital assets, repositioning for the digital era
Thu, 29 Oct 2015 10:00:00 GMT
Competitive Landscape after Dell-EMC Merger
Thu, 29 Oct 2015 05:04:11 GMT
Should You Worry About IBM's SEC Accounting Probe?
Wed, 28 Oct 2015 23:05:03 GMT
Investopedia – Shares of IBM (NYSE: IBM) fell to a new 52-week low on Oct. 27 after its 10-Q filing for its third quarter revealed an SEC probe into Big Blue's accounting practices. The company admitted that in August, …
There's a good reason why Larry Ellison ‘never sees' IBM anymore
Wed, 28 Oct 2015 22:28:15 GMT
Business Insider – Oracle's executive chairman Larry Ellison spent a good deal of time talking about his…
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