International Business Machines Corporation
Here’s whether International Business Machines Corporation (IBM) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-0.60% over 10 days); RSI 19 — oversold; weak 1-year return of -17.8%; 3-month momentum negative (-7.7%); rising volume on a downtrend (distribution, 1.65x avg). Currently 35.6% off its 52-week high. Score: -7/7.
IBM is trading below its 200-day MA ($272.05) — a key warning sign the longer-term trend is under pressure. An RSI of 18.9 has dropped into oversold territory, which has historically preceded short-term bounces. The 1-year return of -17.8% compares to +16.5% for SPY (trailed the market by 34.3%). The current 35.6% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.