US stock / ETF

International Business Machines Corporation

IBM · NYSE · USD

1 monthRange47%
Monthly Range probability 94%Range

IBM 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $162.62 - $332.46 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 50.3, MACD -7.518

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $50.31 (20.56%)

Monthly

EMA Structure

Bullish
EMA 8$248.39Bearish
EMA 21$248.32Bearish
EMA 50$219.59Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.3 · MACD -7.518

Neutral zone

Strength
Range
Volatility
ATR $50.31 · BB 44.98%

High volatility

Strength
Bearish
Volume
MFI 51.5 · OBV -59.55%

Relative to 20-period average volume

Strength
Range
Price Levels
$162.62 - $332.46

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+56.44% · 2.7 ATR above latest close

$382.77
Nearest resistance

+35.88% · 1.7 ATR above · 34-bar high

$332.46
Current price

Price shown is delayed

$244.67
Nearest support

-33.53% · 1.6 ATR below · 34-bar low

$162.62
Deeper support zone

-54.1% · 2.6 ATR below latest close

$112.31
ATR zone

Latest close ± ATR14

$194.36 - $294.98

Indicators

Trend

Dow Theory Structure

Confirmation $332.46, invalidation $199.19

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

18.7 / 18.1 / 18.7Bearish
Supertrend (10,3)

Price is above Supertrend

$81.13Bullish
Ichimoku Cloud

Cloud Span A / Span B

$265.83 / $224Bearish
Donchian Channel (20)

20-period breakout channel position

34%Range

Volatility

ATR (14)

High volatility

$50.31 (20.56%)Bearish
Bollinger Bands (20,2)

Width 44.98%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$361.29 / $136.84Bearish
ATR channel lower / upper

Current Volatility Envelope

$194.36 / $294.98Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$332.46Range
Support

Nearest Downside Decision Level

$162.62Range

Momentum

RSI (14)

Neutral zone

50.3Range
MACD (12,26,9)

Histogram is negative

-7.518Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.1 / 31.2Bullish
Williams %R (14)

Neutral zone

-65.9Range
CCI (20)

Balanced zone

-47.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.5Range
OBV slope

20-period OBV slope

-59.55%Bearish
Volume ratio

Relative to 20-period average volume

0.23xBearish

Trend

Dow Theory Structure

Confirmation $332.46, invalidation $199.19

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

18.7 / 18.1 / 18.7Bearish
Supertrend (10,3)

Price is above Supertrend

$81.13Bullish
Ichimoku Cloud

Cloud Span A / Span B

$265.83 / $224Bearish
Donchian Channel (20)

20-period breakout channel position

34%Range

Momentum

RSI (14)

Neutral zone

50.3Range
MACD (12,26,9)

Histogram is negative

-7.518Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.1 / 31.2Bullish
Williams %R (14)

Neutral zone

-65.9Range
CCI (20)

Balanced zone

-47.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$50.31 (20.56%)Bearish
Bollinger Bands (20,2)

Width 44.98%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$361.29 / $136.84Bearish
ATR channel lower / upper

Current Volatility Envelope

$194.36 / $294.98Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.5Range
OBV slope

20-period OBV slope

-59.55%Bearish
Volume ratio

Relative to 20-period average volume

0.23xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$332.46Range
Support

Nearest Downside Decision Level

$162.62Range

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