US stock / ETF

International Business Machines Corporation

IBM · NYSE · USD

4 hoursRange51%
4h Range probability 98%Range

IBM 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Break either side of $243.76 - $332.4 with volume.

Invalidation Trigger

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

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 47.7, MACD 0.082

4h
Volatility EnvironmentRange
Medium volatility

ATR is $7.53 (2.85%)

4h

EMA Structure

Range
EMA 8$261.19Bullish
EMA 21$265.41Bearish
EMA 50$265.04Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.7 · MACD 0.082

Neutral zone

Strength
Range
Volatility
ATR $7.53 · BB 13.33%

Medium volatility

Strength
Range
Volume
MFI 59.4 · OBV 54.30%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$243.76 - $332.4

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+28.76% · 10.1 ATR above latest close

$339.93
Nearest resistance

+25.91% · 9.1 ATR above · 34-bar high

$332.4
Current price

Price shown is delayed

$263.99
Nearest support

-7.67% · 2.7 ATR below · 34-bar low

$243.76
Deeper support zone

-10.52% · 3.7 ATR below latest close

$236.23
ATR zone

Latest close ± ATR14

$256.46 - $271.52

Indicators

Trend

Dow Theory Structure

Confirmation $267.44, invalidation $244.66

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

Trend strength is active

46.7 / 24.0 / 36.4Bearish
Supertrend (10,3)

Price is above Supertrend

$237.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$264.43 / $274.65Bearish
Donchian Channel (20)

20-period breakout channel position

55%Bearish

Volatility

ATR (14)

Medium volatility

$7.53 (2.85%)Range
Bollinger Bands (20,2)

Width 13.33%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$282.08 / $248.18Range
ATR channel lower / upper

Current Volatility Envelope

$256.46 / $271.52Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$332.4Range
Support

Nearest Downside Decision Level

$243.76Range

Momentum

RSI (14)

Neutral zone

47.7Range
MACD (12,26,9)

Histogram is positive

0.082Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.7 / 61.1Bullish
Williams %R (14)

Neutral zone

-38.3Range
CCI (20)

Balanced zone

-12.4Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

59.4Bullish
OBV slope

20-period OBV slope

54.30%Bullish
Volume ratio

Relative to 20-period average volume

1.15xBullish

Trend

Dow Theory Structure

Confirmation $267.44, invalidation $244.66

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

Trend strength is active

46.7 / 24.0 / 36.4Bearish
Supertrend (10,3)

Price is above Supertrend

$237.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$264.43 / $274.65Bearish
Donchian Channel (20)

20-period breakout channel position

55%Bearish

Momentum

RSI (14)

Neutral zone

47.7Range
MACD (12,26,9)

Histogram is positive

0.082Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.7 / 61.1Bullish
Williams %R (14)

Neutral zone

-38.3Range
CCI (20)

Balanced zone

-12.4Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$7.53 (2.85%)Range
Bollinger Bands (20,2)

Width 13.33%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$282.08 / $248.18Range
ATR channel lower / upper

Current Volatility Envelope

$256.46 / $271.52Range

Volume / Money Flow

MFI (14)

Money flow is strong

59.4Bullish
OBV slope

20-period OBV slope

54.30%Bullish
Volume ratio

Relative to 20-period average volume

1.15xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$332.4Range
Support

Nearest Downside Decision Level

$243.76Range

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