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- 3/13/2026 -
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International Bus. Machines (IBM) Technical Analysis

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Summary:
Weekly :Broken trend support lineOversold sectorOversold industryBroken trend resistance line
Daily :The price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the International Bus. Machines (IBM). During the week, the IBM dropped -12.57 points, or -4.86%, and closed at 246.28 on Friday, March 13, 2026. IBM was trading at average weekly trading volume.

IBM is a member of Information Technology Sector. Information Technology is the second most oversold sector. IBM is a member of IT Consulting & Other Services Industry. IT Consulting & Other Services is the eighth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See IBM long-term trend chart]
A long-term uptrend had started on March 23, 2020 at 90.56 and reached 324.90 on November 12, 2025. IBM gained -234.34 points, or -258.77%, in 294 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend resistance line (150.71) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See IBM medium-term trend chart]
A medium-term uptrend had started on November 26, 2021 at 114.56 and reached 324.90 on November 12, 2025. IBM gained -210.34 points, or -183.61%, in 206 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (264.40) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.

Weekly Technical Indicators: [See IBM weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since January 2, 2026. The distance between MACD and the signal line is near its high, but getting smaller. Use the following link to access a MACD help.

Short-term trend: [See IBM short-term trend chart]
A short-term downtrend had started on November 12, 2025 at 324.90 and reached 220.72 on February 23, 2026. IBM lost 104.18 points, or 32.07%, in 103 days. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 205.75 and resistance is at 317.02. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See IBM daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since March 3, 2026.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 71.49
Williams' Percentage Range (W%R) 38.70
Lane's Stochastic (%D-Slow) 58.50
Greed/Fear Indicator (GFI) 63.77
Moving Average Converg./Diverg. (MACD) -10.08
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 31.50
Williams' Percentage Range (W%R) 74.10
Lane's Stochastic (%D-Slow) 20.88
Greed/Fear Indicator (GFI) 29.09
Moving Average Converg./Diverg. (MACD) 3.74
Trading Signals
Description Value Chart
50 Day Moving Average 277.29
Upper Bollinger Band 275.33
Quarterly Trendline Support 264.40
Monthly Trendline Support 260.92
Daily Stochastic Crossing 253.20
20 Day Moving Average 248.19
Price 246.28
Weekly Stochastic Crossing 240.30
Parabolic System 237.86
Lower Bollinger Band 234.29
Weekly Trendline Support 205.75
Sector and Industry
Description Name Rank
Sector Information Technology 2
Industry IT Consulting & Other Services 8
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 220.72
Low Date 02/23/2026
High 260.38
High Date 03/05/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Right-Angled, Descending Wedge
Status Valid
Resistance 317.02
Support 205.75
High 324.90
High Date 11/12/2025
Low 220.72
Low Date 02/23/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Support
Resistance 349.76
Support 260.92
Low 120.55
Low Date 05/11/2023
High 324.90
High Date 11/12/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 328.37
Support 264.40
Low 114.56
Low Date 11/26/2021
High 324.90
High Date 11/12/2025
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Broken Resistance
Resistance 154.00
Support 150.71
Low 90.56
Low Date 03/23/2020
High 324.90
High Date 11/12/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.