Want to know the current price of IBM and what’s next for IBM stock? On this page, we share the latest IBM news and advice on buying stocks. You can also view the latest IBM Stock Forecast for 2022 and 2023 from our experts.
Should you buy or sell IBM stock today? To what levels can the shares of this company rise in a year, two, three? How much will IBM stocks cost in 2021, 2022, 2023? We have been making currency rate forecasts for a long time, and we can also predict the behavior of the stock market using technical analysis and simple indicators.
We also take into account the technical, fundamental analysis of stocks, the news background, the general geopolitical situation in the world and other, smaller factors. The stock forecasts indicate target levels for IBM stock, both up and down.
IBM Stock Forecast for 2022 and 2023
IBM quotes continue to move within the correction and the bullish channel. The moving averages point to a short-term uptrend in IBM stock. Prices are again testing the area between the signal lines, which indicates pressure from buyers of securities and a likely continuation of the rise in the near future. At the time of publication of the forecast, the value of IBM shares is 139.30 per share. As part of the forecast, we should expect an attempt to develop a fall and test the support level near the area of 125.05. Further, the price bounces up and the continued rise in the value of securities. The potential target of such a movement in shares is the area above the level of 185.55 already in 2021, 2022, 2023.
An additional signal in favor of the growth of IBM quotes will be a test of the support line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the bullish channel. Cancellation of the option to raise the quotes of the value of IBM’s shares will be a fall and a breakdown of the level of 115.05. This will indicate a breakdown of the lower boundary of the model, in which case we can consider the continued decline of securities to the area at the level of 95.05. Expect confirmation lifting shares worth a breakdown resistance area and closing above the level of 160.55, as we see, the oxen for a long time can not break through this area.
IBM Stock Forecast for 2022 and 2023 suggests an attempt to reduce the development and test of support area near the level of 125.05. Where should we expect a rebound and an attempt to continue the rise of shares in the area above the level of 185.55. In favor of the growth of securities, a test of the trend line on the relative strength index (RSI) will come out. Cancellation of the IBM rise option will be a fall and a breakdown of the level of 115.05. This will indicate a breakdown of the lower border of the bullish channel and a continuation of the fall in value to the area below the level of 95.05.
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