IBM 7D high market structure screenshot
IBM / 7D high update Aug 27, 16:02

IBM Posts New 7‑Day High, Remains Below 30‑Day Resistance

IBM posted a new 7‑day high at 239.17, up just 0.20% from the prior 7‑day peak of 238.70. The move keeps the stock below its 30‑day resistance near 243.40, suggesting continuation of the short‑term bounce rather than a reclaim of the longer‑term level.

Old 7D high
238.7
New 7D high
239.17
Move
0.20%
30D / YTD
243.4 / 336.15
What changed
  • New 7‑day high set at 239.17, surpassing the prior 7‑day peak of 238.70.
  • Price remains 1.77% below the 30‑day resistance near 243.40, indicating no reclaim of that level.
  • The move reflects a modest continuation of short‑term strength without breaking longer‑term resistance.