International Business Machines (IBM) Chart Patterns, Support & Resistance & Technical Analysis
Auto-detected technical analysis for IBM · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$258.27last close · Jun 25, 2026
IBM Bullish Pennant Pattern
No chart pattern is currently detected on IBM. The most recent was a Bullish Pennant, detected Jan 23, 2026.
A Bullish Pennant is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $323.92 (+6.4%). Across 13,034 backtested bullish pennants, the setup followed through 55.2% of the time, averaging +0.58R; IBM's own bullish pennants have hit 45.2%.
IBM's most recent completed Symmetrical Triangle resolved as a loss: it broke higher on Jan 29, 2026 near $309.24, then was stopped out at $289.05 on Feb 4, 2026 — a -1.04R move (6.5%) over 4 sessions. Across 110 backtested symmetrical triangles, this setup wins 58.2% of the time.
OutcomeLossResult-1.04REntry$309.24Exit$289.05
How Bullish Pennants have performed
Win rate
55.2%
Avg return
+0.58R
Backtested trades
13,034
IBM win rate
45.2%
Historical pattern statistics (1986-11-26 – 2026-06-08), not a prediction.
IBM support and resistance levels
Price found a floor near $221.27 about 5 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $437.46 — still about 61% away.
Traders commonly watch $437.46 as a target (its 200% extension) — think of it as a sensible next stop, not a guarantee.
That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
Nothing here is a signal to act — the long would have set up at the $221.27 floor about 5 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh entry.
Nearest auto-detected support sits near $224.07, resistance near $312.19. These are chart/swing-derived levels, not formula pivots.
No pattern is currently detected on IBM. The most recent was a Bullish Pennant, detected Jan 23, 2026.
Is a Bullish Pennant bullish or bearish?
The Bullish Pennant detected on IBM is a bullish pattern, projecting a measured-move target of $323.92. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Bullish Pennant pattern, and what is its win rate?
Across TradingPal's backtest of the Bullish Pennant family (13,034 trades over 516 symbols), it resolved in the expected direction 55.2% of the time with an average of +0.58R. These are historical statistics, not a prediction.
What are the support and resistance levels for IBM?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), IBM's nearest support is around $224.07 and nearest resistance around $312.19.
What is the price target if IBM's pattern breaks out?
The detected Bullish Pennant has a geometry-based measured-move target of $323.92 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was IBM's closing price on Jun 25, 2026?
International Business Machines (IBM) last closed at $258.27 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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