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Bullish Two Hundred Day Moving Average Cross - IBM

By Dividend Channel Staff, Wednesday, February 24, 4:00 PM ET
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In trading on Wednesday, shares of International Business Machines Corp (NYSE:IBM) crossed above their 200 day moving average of $122.42, changing hands as high as $123.49 per share. International Business Machines Corp shares are currently trading up about 2% on the day. The chart below shows the one year performance of IBM shares, versus its 200 day moving average:

International Business Machines Corp 200 Day Moving Average Chart

Looking at the chart above, IBM's low point in its 52 week range is $90.56 per share, with $147.07 as the 52 week high point — that compares with a last trade of $123.32. The IBM DMA information above was sourced from TechnicalAnalysisChannel.com


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