US stock / ETF

International Business Machines Corporation

IBM · NYSE · USD

4 hoursBearish88%
4h Downside probability 88%Bearish

IBM 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $269.06 and stabilize above resistance $311.8.

Invalidation Trigger

Break above $311.8 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 21.2, MACD -9.642

4h
Volatility EnvironmentRange
Medium volatility

ATR is $9.97 (4.56%)

4h

EMA Structure

Bearish
EMA 8$245.37Bearish
EMA 21$269.06Bearish
EMA 50$277.05Bearish

Signals

CategoryReadStrength
Momentum
RSI 21.2 · MACD -9.642

Momentum is weak

Strength
Bearish
Volatility
ATR $9.97 · BB 43.36%

Medium volatility

Strength
Range
Volume
MFI 25.2 · OBV -140.54%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$213.22 - $311.8

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+47.2% · 10.4 ATR above latest close

$321.77
Nearest resistance

+42.64% · 9.4 ATR above · 34-bar high

$311.8
Current price

Price shown is delayed

$218.59
Nearest support

-2.46% · 0.5 ATR below · 34-bar low

$213.22
Deeper support zone

-7.02% · 1.5 ATR below latest close

$203.25
ATR zone

Latest close ± ATR14

$208.62 - $228.56

Indicators

Trend

Dow Theory Structure

Confirmation $213.22, invalidation $297.5

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

Trend strength is active

58.0 / 7.5 / 60.0Bearish
Supertrend (10,3)

Price is above Supertrend

$181.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$258.94 / $262.51Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

Medium volatility

$9.97 (4.56%)Range
Bollinger Bands (20,2)

Width 43.36%

0%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$292.74 / $243.59Range
ATR channel lower / upper

Current Volatility Envelope

$208.62 / $228.56Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$311.8Range
Support

Nearest Downside Decision Level

$213.22Range

Momentum

RSI (14)

Momentum is weak

21.2Bearish
MACD (12,26,9)

Histogram is negative

-9.642Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.3 / 5.5Bullish
Williams %R (14)

Oversold zone

-93.7Bullish
CCI (20)

Weak expansion

-187.3Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

25.2Bearish
OBV slope

20-period OBV slope

-140.54%Bearish
Volume ratio

Relative to 20-period average volume

1.04xRange

Trend

Dow Theory Structure

Confirmation $213.22, invalidation $297.5

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

Trend strength is active

58.0 / 7.5 / 60.0Bearish
Supertrend (10,3)

Price is above Supertrend

$181.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$258.94 / $262.51Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

21.2Bearish
MACD (12,26,9)

Histogram is negative

-9.642Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.3 / 5.5Bullish
Williams %R (14)

Oversold zone

-93.7Bullish
CCI (20)

Weak expansion

-187.3Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$9.97 (4.56%)Range
Bollinger Bands (20,2)

Width 43.36%

0%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$292.74 / $243.59Range
ATR channel lower / upper

Current Volatility Envelope

$208.62 / $228.56Range

Volume / Money Flow

MFI (14)

Money flow is weak

25.2Bearish
OBV slope

20-period OBV slope

-140.54%Bearish
Volume ratio

Relative to 20-period average volume

1.04xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$311.8Range
Support

Nearest Downside Decision Level

$213.22Range

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