IBM Hits New 7-Day Low as Price Slides Below Recent Support

IBM fell to a new 7-day low of 228.99, breaking below the prior 7-day low of 229.04. The move extends the downtrend, with the stock trading about 2.5% beneath its 30-day average, showing little sign of an immediate reclaim.

• Price dropped below the prior 7-day low, setting a new 7-day low at 228.99.
• The decline places IBM roughly 2.5% under its 30-day average level.
• No immediate reclaim of the prior support was observed, indicating continuation of the downtrend.