US stock / ETF

International Business Machines Corporation

IBM · NYSE · USD

1 weekBearish92%
Weekly Downside probability 92%Bearish

IBM 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $241.26 and stabilize above resistance $332.46.

Invalidation Trigger

Break above $332.46 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 42.6, MACD -1.177

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $21.41 (9.62%)

Weekly

EMA Structure

Bearish
EMA 8$231.74Bearish
EMA 21$241.26Bearish
EMA 50$251.04Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.6 · MACD -1.177

Momentum is weak

Strength
Bearish
Volatility
ATR $21.41 · BB 42.07%

High volatility

Strength
Bearish
Volume
MFI 39.0 · OBV -56.72%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$199.19 - $332.46

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+58.94% · 6.1 ATR above latest close

$353.87
Nearest resistance

+49.33% · 5.1 ATR above · 34-bar high

$332.46
Current price

Price shown is delayed

$222.64
Nearest support

-10.53% · 1.1 ATR below · 34-bar low

$199.19
Deeper support zone

-20.15% · 2.1 ATR below latest close

$177.78
ATR zone

Latest close ± ATR14

$201.23 - $244.05

Indicators

Trend

Dow Theory Structure

Confirmation $251.82, invalidation $228.96

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

13.7 / 26.7 / 32.8Bearish
Supertrend (10,3)

Price is above Supertrend

$185.35Bullish
Ichimoku Cloud

Cloud Span A / Span B

$250.52 / $265.83Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Volatility

ATR (14)

High volatility

$21.41 (9.62%)Bearish
Bollinger Bands (20,2)

Width 42.07%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$268.04 / $213.26Bearish
ATR channel lower / upper

Current Volatility Envelope

$201.23 / $244.05Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$332.46Range
Support

Nearest Downside Decision Level

$199.19Range

Momentum

RSI (14)

Momentum is weak

42.6Bearish
MACD (12,26,9)

Histogram is negative

-1.177Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.8 / 23.7Bearish
Williams %R (14)

Neutral zone

-79.2Range
CCI (20)

Balanced zone

-73.5Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.0Bearish
OBV slope

20-period OBV slope

-56.72%Bearish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Trend

Dow Theory Structure

Confirmation $251.82, invalidation $228.96

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

13.7 / 26.7 / 32.8Bearish
Supertrend (10,3)

Price is above Supertrend

$185.35Bullish
Ichimoku Cloud

Cloud Span A / Span B

$250.52 / $265.83Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Momentum

RSI (14)

Momentum is weak

42.6Bearish
MACD (12,26,9)

Histogram is negative

-1.177Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.8 / 23.7Bearish
Williams %R (14)

Neutral zone

-79.2Range
CCI (20)

Balanced zone

-73.5Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$21.41 (9.62%)Bearish
Bollinger Bands (20,2)

Width 42.07%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$268.04 / $213.26Bearish
ATR channel lower / upper

Current Volatility Envelope

$201.23 / $244.05Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.0Bearish
OBV slope

20-period OBV slope

-56.72%Bearish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$332.46Range
Support

Nearest Downside Decision Level

$199.19Range

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