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MarketScreener Homepage  >  Equities  >  Nyse  >  International Business Machines Corporation    IBM

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David Meurisse

Contributor / Partner
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Limited upside due to a resistance on the weekly chart

Strategy published on 08/18/2016 | 15:19
short sell
Expirée le 09/02/2016
Entry price : 161$ | Target : 151.5$ | Stop-loss : 165.5$ | Potential : 5.9%
The increase that has been seen over the past weeks in the share price of International Business Machines Corp. has brought back the stock to major resistance levels on the weekly chart. Reaching this zone could lead to profit-taking and give rise to a correction.
Investors should open a short trade and target the $ 151.5.
  • Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
  • Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.
  • The company's attractive earnings multiples are brought to light by a P/E ratio at 13.11 for the current year.
  • The company is one of the best yield companies with high dividend expectations.
  • Within the weekly time frame the stock shows a bullish technical configuration above the support level at 140.43 USD

  • The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
  • The stock is close to a major daily resistance at USD 163.53, which should be gotten rid of so as to gain new appreciation potential.
  • According to Thomson-Reuters' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
  • The company's earnings releases usually do not meet expectations.
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Financials ($)
Sales 2018 80 261 M
EBIT 2018 14 415 M
Net income 2018 10 846 M
Debt 2018 32 277 M
Yield 2018 4,13%
P/E ratio 2018 12,77
P/E ratio 2019 12,38
EV / Sales 2018 2,10x
EV / Sales 2019 2,07x
Capitalization 136 B
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Duration : Period : Day
International Business Machines Corporation Technical Analysis Chart | MarketScreener
Duration : Period : Week
International Business Machines Corporation Technical Analysis Chart | MarketScreener