
Technical analysis of International Business Machines Corporation (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
IBM is a technology company that provides integrated solutions and services through four business segments: Software (hybrid cloud and AI platforms), Consulting (strategy and technology services), Infrastructure (server and storage solutions), and Financing (financing services). The company operates globally across the Americas, Europe, the Middle East, Africa, and the Asia Pacific, partnering with hyperscalers, system integrators, and software and hardware vendors.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 15, 2026, computed on the last 12 months of prices.
21 sessions
226.75 $
+3.25%
50 sessions
231.99 $
+0.92%
200 sessions
249.57 $
−6.19%
s2
223.85
Support
s1
225.87
Support
pivot
229.50
Pivot
r1
231.52
Resistance
r2
235.15
Resistance
In the October 15, 2026 session International Business Machines Corporation closed higher at 234.12 $, +2.74% versus the previous session.
The price sits mixed against its moving averages: +3.25% against the 21-session average, +0.92% against the 50 and −6.19% against the 200.
The 14-period RSI reads 56.4, in neutral territory.
MACD stands at -1.046 against a signal line at -2.328: the histogram is positive (+1.282).
ADX reads 11.3, indicating weak directionality.
Levels computed on the latest session place supports at 225.87 and 223.85 $ and resistances at 231.52 and 235.15 $, around a pivot of 229.50.
The average daily range (ATR) is 6.261 $, or 2.67% of price.
Turnover was 5.6M shares, 99% of the 20-session average.
Over the last twelve months the price ranged between 197.78 and 330.04 $, and today stands −29.06% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is International Business Machines Corporation analysed technically?
Technical analysis of International Business Machines Corporation is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for International Business Machines Corporation?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to International Business Machines Corporation?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to International Business Machines Corporation it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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