International Business MachinesIBM

International Business Machines (IBM) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for IBM · data as of Aug 28, 2026. The chart above is live; the read below updates daily.

$235.59last close · Aug 28, 202652-week range $199.19 – $332.46 · 29.14% below the high

IBM triangle pattern

IBM is currently forming a triangle on the daily timeframe. Detected Aug 28, 2026.

A triangle is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $323.92 (+6.4%).

DirectionBullishTarget$323.92Projected move+6.4%Breakout level$305.45

New to this pattern? What a triangle is and how to trade it →

IBM's most recent triangle trade

IBM's most recent completed triangle resolved as a win: it broke higher on Oct 15, 2026 near $233.23, then reached its target at $250.04 on Nov 3, 2026 — a 7.2% move (+1.09R) over 13 sessions. Across 174,297 backtested triangles, this setup wins 40.8% of the time.

OutcomeWinResult+7.2%R+1.09REntry$233.23Exit$250.04

Learn about triangle

IBM pattern trade history

Every completed pattern trade our nightly backtest found on IBM's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleOct 15, 2026 @ $233.23Nov 3, 2026 @ $250.04Win+7.3% · +1.09R
TriangleDec 31, 2025 @ $298.38Jan 12, 2026 @ $310.00Loss+14.2% · -1.00R
TriangleNov 17, 2025 @ $299.22Feb 4, 2026 @ $282.02Win+5.8% · +0.67R
Rising wedgeOct 23, 2025 @ $264.95Oct 24, 2025 @ $289.17Loss+9.1% · -1.00R
Rising wedgeJul 10, 2025 @ $283.32Jul 24, 2025 @ $268.66Win+5.2% · +1.19R
TriangleJun 9, 2025 @ $271.25Jul 25, 2025 @ $260.02Loss+17.2% · -1.83R
TriangleMay 12, 2025 @ $253.43Jul 3, 2025 @ $287.94Win+11.3% · +5.95R
Falling wedgeApr 4, 2025 @ $234.71Apr 7, 2025 @ $221.90Win+5.5% · +0.71R
Falling wedgeApr 4, 2025 @ $234.91Apr 7, 2025 @ $225.19Win+4.1% · +0.54R
TriangleApr 1, 2025 @ $244.38May 7, 2025 @ $254.32Loss+14.1% · -1.00R
TriangleMar 20, 2025 @ $241.30Apr 4, 2025 @ $230.97Win+4.3% · +0.41R
TriangleJan 10, 2025 @ $217.25Jan 21, 2025 @ $226.71Loss+13.6% · -1.00R

Triangle examples on other charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about triangle

IBM support and resistance levels

Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.

  • Much of the time charts simply drift between levels; the best reads are worth waiting for.
  • Keep an eye out for price approaching a floor (where it tends to steady) or a ceiling (where it tends to stall) — that's usually where the next readable move begins.

IBM recent daily prices

DateOpenHighLowClose
Aug 28, 2026$238.30$239.08$235.09$235.59
Aug 27, 2026$232.80$240.81$231.45$238.79
Aug 26, 2026$230.70$234.23$228.96$229.87
Aug 25, 2026$230.00$234.44$229.51$234.19
Aug 24, 2026$234.37$234.49$230.47$231.04
Aug 21, 2026$233.71$238.72$233.12$235.68
Aug 20, 2026$236.00$237.50$233.03$233.69
Aug 19, 2026$232.26$238.62$230.51$237.16
Aug 18, 2026$229.73$234.45$229.42$232.67
Aug 17, 2026$231.59$233.65$227.40$228.85

IBM frequently asked questions

What chart pattern is IBM forming right now?
As of Aug 28, 2026, TradingPal's detector identifies a triangle on International Business Machines (IBM) on the daily chart, with a measured-move target of $323.92.
Is a triangle bullish or bearish?
The triangle 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.
What is the price target if IBM's pattern breaks out?
The detected triangle 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 Aug 28, 2026?
International Business Machines (IBM) last closed at $235.59 on Aug 28, 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.