IBM (IBM) Technical Analysis: Support, Resistance & Pivot Today (Oct 28, 2026)
What drives the technical score
- Price above the 20-day average
- Daily RSI 66, positive momentum
- Daily MACD above its signal line
- 5-day up 3.3%
- Intraday view is bearish
- Daily view is bullish
- Price above the 50-day average
- 20-day average above the 50-day
- 20-day up 13.7%
- Daily MACD above zero
- Price above the 40-week average
- 6-month up 7.7%
- Weekly MACD above its signal line
- 10-week average below the 40-week
- Weekly RSI 52, neutral momentum
The technical score combines several pieces of technical evidence, including moving-average position, momentum, recent performance, our level views and active chart patterns; more filled segments mean the evidence agrees more strongly. Support and resistance are the nearest levels from the intraday and short-term views. For reference only; not investment advice.
IBM (IBM): Bearish below the pivot
Our preference
Below 253.77, look for a move towards 245.54.
Alternative scenario
Above 253.77, expect 256.80 and 258.60.
Comment
As long as price stays below the pivot, the downside structure remains intact. RSI is at 45 and MACD is below its signal line.
Full level ladder
| Resistance 3 | 258.60 |
| Resistance 2 | 256.80 |
| Pivot | 253.77 |
| Price | 250.07 |
| Support 1 | 245.54 |
| Support 2 | 243.75 |
| Support 3 | 241.96 |
IBM (IBM): Target level as a potential turning point
Our preference
Above 221.20, look for a move towards 254.57.
Alternative scenario
Below 221.20, expect 206.82 and 198.27.
Comment
Price is approaching our first target at 254.57, which may trigger a pullback; a clear break above it would open the way to 263.30. RSI is at 66 and MACD is above its signal line.
Full level ladder
| Resistance 3 | 272.03 |
| Resistance 2 | 263.30 |
| Resistance 1 | 254.57 |
| Price | 250.07 |
| Pivot | 221.20 |
| Support 2 | 206.82 |
| Support 3 | 198.27 |
AI market story
Updated 2026-10-28 12:48 UTC+8IBM pulls back but uptrend holds as momentum cools
IBM trades at 250.07, down 1.1% in one day but up 3.29% over five days and 13.66% over twenty, inside a 217.63 to 255.75 range. The 20-day average is 235.22 and the 50-day is 234.09, with RSI at 66 and MACD above its signal line while the histogram has shrunk three days running.
Price journey: up or down lately?
It fell recently. The one-day move was down 1.1%, yet the five-day gain is still 3.29% and the twenty-day gain 13.66%, so this looks like a pullback after a run, with the twenty-day range at 217.63 to 255.75.
Trend: which way is the bigger picture pointing?
The bigger direction is up. At 250.07 price sits above the 20-day average of 235.22 and the 50-day of 234.09, and the short, medium and long-term technical scores are all bullish, with the daily pivot at 221.20.
Momentum: gaining or losing strength?
Momentum is fading. RSI rose only from 64 five days ago to 66, and although MACD is above its signal line, the histogram has contracted for three straight days, so follow-through buying is easing.
Key levels: which prices matter next?
Watch 255.75 and the upper band at 259.06 above, then the 20-day average at 235.22 and the 50-day at 234.09 below. The daily pivot at 221.20 is the bull line, while the intraday bearish pivot is 253.77 with targets at 245.54 and 243.75.
FOMC decision and core PCE set to lift IBM volatility
The key event is the FOMC rate decision on 10-29 at 02:00, with the lower bound expected at 3.75 and the upper at 4, both unchanged. Later that day at 20:30 comes September core PCE month over month, expected 0.3 versus 0.2 prior, plus Q3 annualized GDP at 3 versus 2.2 prior.
What is coming up on the calendar?
First up is the FOMC rate decision on 10-29 at 02:00, with the lower bound expected at 3.75 and the upper at 4, both matching the prior values. Then at 04:30 and 05:00 come the Alphabet and Microsoft earnings calls, both high importance.
This content was generated with the assistance of AI from the Borearis Research Team's market data and analysis. For reference only; not investment advice. How we produce this content
Volatility stop
IBM (IBM) is above its daily long trailing stop. Long positions can reference 234.68 (6.56% away); it only moves up. A daily close below 234.68 signals the trend is weakening.
Calculated from the 22-day high (low) minus (plus) 3 times the average true range on the daily chart, and it only moves in the trend's favour. A common trailing-stop method, for reference only; not investment advice.
Thick line = trailing stop (green uptrend, red downtrend); vertical line = latest trend change; last 90 daily bars
Technical picture
- Price is above the 20- and 50-day moving averages, a constructive medium-term structure.
- Daily RSI is 66, positive momentum.
- Daily MACD is above its signal line; daily momentum is up.
- Price is inside the daily Bollinger Bands (211.38 to 259.06).
Related economic events this week
| 10-27 22:00 | United States Oct Richmond Fed Manufacturing Index | -2 |
| 10-27 22:00 | United States Oct Conference Board Consumer Confidence Index | 91.7 |
| 10-29 02:00 | United States FOMC Rate Decision (Lower Bound) High | 3.75 |
| 10-29 02:00 | United States FOMC Rate Decision (Upper Bound) High | 4 |
| 10-29 04:30 | United States Alphabet Q3 Earnings Call High | — |
| 10-29 05:00 | United States Microsoft Q3 Earnings Call High | — |
| 10-29 20:30 | United States Sep Core PCE Price Index MoM High | 0.3 |
| 10-29 20:30 | United States 3Q Real GDP Annualized QoQ Prelim High | 3 |
Times in UTC+8. Grey = forecast. Full economic calendar →
News and sentiment for IBM (IBM)
None of the financial news we collected in the last 7 days mentioned IBM (IBM) directly.
Trade signals for IBM (IBM)
Short-term Signals 30-minute · held a few hours to a day
No recent short-term signals for IBM (IBM).
All short-term signals and results →
Swing Signals 1-hour and 4-hour · held a day to a week
No recent swing signals for IBM (IBM).
Chart patterns in play for IBM (IBM)
No active 15-minute to 4-hour patterns for IBM (IBM) right now.
FAQ
Where are IBM (IBM) support and resistance levels today?
Intraday resistance: 253.77, 256.80, 258.60. Support: 245.54, 243.75, 241.96. Pivot: 253.77 (updated Oct 28, 2026 15:09 UTC+8).
Is IBM (IBM) bullish or bearish now?
Intraday: bearish. Short-term (daily): bullish. Bearish below 253.77, targeting 245.54 and then 243.75.
How has IBM (IBM) been trading lately?
IBM pulls back but uptrend holds as momentum cools. IBM trades at 250.07, down 1.1% in one day but up 3.29% over five days and 13.66% over twenty, inside a 217.63 to 255.75 range. The 20-day average is 235.22 and the 50-day is 234.09, with RSI at 66 and MACD above its signal line while the histogram has shrunk three days running.
How do I read the IBM (IBM) technical score?
Currently short-term bullish, medium-term bullish, long-term bullish. The technical score combines several pieces of technical evidence, such as moving-average position, momentum, recent performance, our level views and active chart patterns, into short-, intermediate- and long-term readings. More filled segments mean the evidence points the same way; neutral means bullish and bearish evidence are balanced.
Where should a stop loss go on IBM (IBM)?
IBM (IBM) is above its daily long trailing stop. Long positions can reference 234.68 (6.56% away); it only moves up. A daily close below 234.68 signals the trend is weakening.
Which economic events matter for IBM (IBM) next?
FOMC decision and core PCE set to lift IBM volatility. The key event is the FOMC rate decision on 10-29 at 02:00, with the lower bound expected at 3.75 and the upper at 4, both unchanged. Later that day at 20:30 comes September core PCE month over month, expected 0.3 versus 0.2 prior, plus Q3 annualized GDP at 3 versus 2.2 prior.
What is the pivot?
The pivot is the line in the sand for the view. In a bullish view it sits below price; a close below it invalidates the view and a new set of levels is drawn. The reverse applies to a bearish view.
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