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.
Positives: 3-month momentum positive (+6.8%). Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-3.11% over 10 days). Currently 29.5% off its 52-week high. Score: -3/7.
IBM is trading below its 200-day MA ($267.88) — a key warning sign the longer-term trend is under pressure. An RSI of 69.2 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -1.2% compares to +20.4% for SPY (trailed the market by 21.6%). The current 29.5% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.