IBM stock price eyes a parabolic move ahead of its earnings — TradingView News
The IBM stock price remains under pressure this month as investors focus on the upcoming financial results. It retreated to $292.45, a few points below the 2025 high of $325. It has formed a relatively bullish pattern, pointing to more gains in the coming weeks.
IBM stock price technical analysis
The three-day chart shows that the IBM share price has remained in a narrow range in the past few weeks. On the positive side, the stock has remained above the 50-day and 100-day Exponential Moving Averages (EMA).
Most notably, the stock has formed a bullish flag pattern, which happens after a big jump, which is then followed by a horizontal or descending channel.
The stock also remains above the Supertrend indicator, which is a common bullish…
