IBM technical analysis
IBM Technical Analysis
Analysis date
August 4, 2026
Market
NYSE (USD)
Daily cutoff
August 3, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
IBM Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- IBM
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 3, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 226.31 | August 3, 2026 | - | Verified |
| Verification series | 226.13 | August 3, 2026 | 0.08% | Verified |
Bottom line
IBM Technical Analysis Summary
IBM (International Business Machines Corporation) ended at 226.31 on August 3, 2026, after a sharp decline that took the stock from a 52-week high of 332.46 down to a recent low of 199.19. Price sits below SMA20 (236.67), SMA50 (260.46), and SMA200 (267.99), giving the daily chart a full bearish alignment. RSI14 at 43.08 and a MACD histogram at 1.01 suggest the pace of the decline may be slowing. The weekly chart is mixed: price at 223.65 is below SMA20 (248.43) and SMA50 (267.08) but above SMA200 (196.02), while the weekly MACD histogram is negative at -3.31. The 20-period daily return of -24.44% captures the magnitude of the recent sell-off, and the 252-week return of +96.24% still reflects longer-term appreciation. Key support is at 199.19 (20-period and 60-period low), with near-term resistance at 236.67 (SMA20) and 311.80 (20-period high). A reclaim of SMA20 would be the first sign of stabilization; a break below 199.19 would open the way to new lows.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 3, 2026)
- Trend
- Bearish. Price at 226.31 is below SMA20 (236.67), SMA50 (260.46), and SMA200 (267.99). The full bearish alignment, with price below SMA20 below SMA50 below SMA200, reflects a persistent downtrend following the sharp drop from the July high.
- Momentum
- Neutral with slight improvement. RSI14 at 43.08 is below the 50 midline but not oversold. MACD at -11.93 is below the signal line at -12.94, while the histogram has turned positive at 1.01, suggesting downside momentum is easing in the very near term.
- Volatility
- Elevated. ATR14 at 11.30 (4.99% of price) reflects above-average daily range. Bollinger Bands (166.49 to 306.84) are wide because of the steep July decline, and price sits in the lower half of the range.
- Volume
- Below average. Latest volume of 7,964,800 is 55.4% of the 20-period average (14,372,645), indicating reduced participation as the stock stabilizes near its lows.
Assessment
The daily picture is bearish after a sharp decline from the 332.46 high to a recent low of 199.19. Price trades below all major moving averages and near the lower end of the 52-week range. The positive MACD histogram and easing downside momentum suggest the fall may be pausing, but a sustained move above SMA20 (236.67) would be needed before the near-term tone improves.
Weekly (July 27, 2026 week)
- Trend
- Mixed. Price at 223.65 is below SMA20 (248.43) and SMA50 (267.08) but above SMA200 (196.02). SMA20 is below SMA50 while SMA50 remains above SMA200, so the long-term structure has not fully rolled over despite the recent drop.
- Momentum
- Negative. RSI14 at 42.96 is below the 50 midline. MACD at -6.79 is below the signal line at -3.48 with a negative histogram at -3.31, indicating weekly momentum has turned down.
- Volatility
- Elevated. ATR14 at 29.19 (13.05% of price) reflects very wide weekly ranges during the sell-off.
- Volume
- Slightly above average. Weekly volume of 49,200,800 is 109.2% of the 20-week average (45,037,810), indicating active participation in the decline.
Assessment
The weekly chart shows a sharp correction from the 332.46 high, with price between the primary support at 199.19 and the SMA50 at 267.08. The mixed long-term moving average alignment keeps the weekly trend in a transitional state, and the negative MACD histogram points to continued pressure until price reclaims SMA20 (248.43).
Key indicators
IBM Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 43.08 | 42.96 |
| MACD (12, 26, 9) | -11.93 / -12.94 / 1.01 | -6.79 / -3.48 / -3.31 |
| ATR (14) | 11.30 (4.99%) | 29.19 (13.05%) |
| Bollinger Bands (20, 2) | 166.49 - 306.84 | 196.12 - 300.74 |
| SMA (20) | 236.67 | 248.43 |
| SMA (50) | 260.46 | 267.08 |
| SMA (200) | 267.99 | 196.02 |
Price structure
IBM Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 226.31 | 223.65 |
| 1-Period Return | +1.19% | +4.42% |
| 5-Period Return | +4.64% | -17.66% |
| 20-Period Return | -24.44% | -8.52% |
| 60-Period Return | +0.99% | -14.69% |
| 252-Period Return | -8.32% | +96.24% |
| 52-Week Low | 199.19 | 199.19 |
| 52-Week High | 332.46 | 332.46 |
| 52-Week Position | 20.35% | 18.35% |
Key levels
IBM Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 311.80 | 332.46 |
| 20-Period Low | 199.19 | 199.19 |
| 60-Period High | 332.46 | 332.46 |
| 60-Period Low | 199.19 | 199.19 |
Scenarios
IBM Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price reclaims SMA20 at 236.67 and then breaks above the 20-period high at 311.80 with rising volume.
Invalidation
Price falls below the recent swing low at 199.19.
What to watch
Sustained closes above SMA50 (260.46); RSI moving above 50; MACD histogram expanding positive on daily.
Range-Bound
Trigger
Price oscillates between the recent low at 199.19 and the 20-period high at 311.80.
Invalidation
A decisive break of either boundary with above-average volume.
What to watch
RSI holding between 35 and 55; volume staying below average; MACD histogram drifting near zero.
Bearish
Trigger
Price breaks below the 20-period and 60-period low at 199.19 and the 52-week low.
Invalidation
Price reclaims SMA20 at 236.67 and holds above it.
What to watch
Sustained closes below 199.19; increasing downside volume; RSI dropping below 35 on daily.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 3, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 3, 2026, weekly July 27, 2026 week. Generated August 4, 2026.
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