Is International Business Machines Corp. technically bullish or bearish?
As of May 13, 2025, the technical trend is bullish, supported by positive indicators like MACD and Bollinger Bands, although caution is advised due to a bearish monthly RSI.
As of 13 May 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish, supported by a bullish MACD on both weekly and monthly time frames, along with bullish signals from Bollinger Bands, KST, and Dow Theory on both time frames. The daily moving averages also indicate a bullish trend. However, the monthly RSI shows a bearish signal, which suggests some caution. Overall, the strength of the bullish trend is reinforced by the significant price increase over the past week and month, outperforming the S&P 500.
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