US stock / ETF

International Business Machines Corporation

IBM · NYSE · USD

12 hoursBullish56%
12h Upside probability 56%Bullish

IBM 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $216.59 and reclaim $242.99.

Invalidation Trigger

Lose $216.59 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 53.8, MACD -0.095

12h
Volatility EnvironmentRange
Low volatility

ATR is $4.33 (1.84%)

12h

EMA Structure

Range
EMA 8$234.57Bullish
EMA 21$233.8Bullish
EMA 50$235.17Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.8 · MACD -0.095

Neutral zone

Strength
Bullish
Volatility
ATR $4.33 · BB 4.50%

Low volatility

Strength
Range
Volume
MFI 43.8 · OBV 1.36%

Relative to 20-period average volume

Strength
Range
Price Levels
$216.59 - $242.99

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.93% · 2.7 ATR above latest close

$247.32
Nearest resistance

+3.09% · 1.7 ATR above · 34-bar high

$242.99
Current price

Price shown is delayed

$235.71
Nearest support

-8.11% · 4.4 ATR below · 34-bar low

$216.59
Deeper support zone

-9.95% · 5.4 ATR below latest close

$212.25
ATR zone

Latest close ± ATR14

$231.38 - $240.04

Indicators

Trend

Dow Theory Structure

Confirmation $227.42, invalidation $238.61

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

14.7 / 30.4 / 19.1Bullish
Supertrend (10,3)

Price is above Supertrend

$223.96Bullish
Ichimoku Cloud

Cloud Span A / Span B

$234.13 / $221.09Bullish
Donchian Channel (20)

20-period breakout channel position

53%Bullish

Volatility

ATR (14)

Low volatility

$4.33 (1.84%)Range
Bollinger Bands (20,2)

Width 4.50%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$241.82 / $225.9Range
ATR channel lower / upper

Current Volatility Envelope

$231.38 / $240.04Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$242.99Range
Support

Nearest Downside Decision Level

$216.59Range

Momentum

RSI (14)

Neutral zone

53.8Range
MACD (12,26,9)

Histogram is negative

-0.095Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

53.2 / 46.8Bullish
Williams %R (14)

Neutral zone

-46.8Range
CCI (20)

Balanced zone

25.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.8Bearish
OBV slope

20-period OBV slope

1.36%Bullish
Volume ratio

Relative to 20-period average volume

1.66xBullish

Trend

Dow Theory Structure

Confirmation $227.42, invalidation $238.61

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

14.7 / 30.4 / 19.1Bullish
Supertrend (10,3)

Price is above Supertrend

$223.96Bullish
Ichimoku Cloud

Cloud Span A / Span B

$234.13 / $221.09Bullish
Donchian Channel (20)

20-period breakout channel position

53%Bullish

Momentum

RSI (14)

Neutral zone

53.8Range
MACD (12,26,9)

Histogram is negative

-0.095Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

53.2 / 46.8Bullish
Williams %R (14)

Neutral zone

-46.8Range
CCI (20)

Balanced zone

25.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$4.33 (1.84%)Range
Bollinger Bands (20,2)

Width 4.50%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$241.82 / $225.9Range
ATR channel lower / upper

Current Volatility Envelope

$231.38 / $240.04Range

Volume / Money Flow

MFI (14)

Money flow is weak

43.8Bearish
OBV slope

20-period OBV slope

1.36%Bullish
Volume ratio

Relative to 20-period average volume

1.66xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$242.99Range
Support

Nearest Downside Decision Level

$216.59Range

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