What chart pattern is ChartPattern.io tracking on IBM?
ChartPattern.io is currently tracking Rounding Bottom on IBM in the Technology stock. Secondary context includes Symmetrical Triangle and Rounding Bottom.
Live Technology stock scanner page for IBM. Review the rounding bottom setup, chart structure, and trade levels in one place.
Traders are watching IBM (IBM) as price action tightens. The stock is trading at $234.02, down 2.47% on the day. Our AI has detected a valid Rounding Bottom pattern. Volume is average (1.11x avg) with moderate trend strength (0.7). A potential breakout level is identified at $242.31, targeting $286.85 with support near $220.04 (R:R 2.0).
IBM is part of the Technology stock on ChartPattern.io. The scanner currently highlights Rounding Bottom as the leading setup, with an entry near $242.31, a stop around $220.04, and a target near $286.85.
Rounding Bottom
41/100 CP Index
Entry $242.31 · Stop $220.04 · Target $286.85
The Rounding Bottom is just one piece of the puzzle. See the full technical breakdown.
Sideways movement between parallel supports.
Consolidation. Can break either way.
Gradual reversal from bearish to bullish.
Bearish continuation pattern.
What is your outlook on IBM?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on IBM.
ChartPattern.io is currently tracking Rounding Bottom on IBM in the Technology stock. Secondary context includes Symmetrical Triangle and Rounding Bottom.
The current trade plan points to an entry near $242.31, a stop near $220.04, and a target near $286.85.
IBM currently leans neutral. The page is showing a CP Index of 41/100, which helps summarize the current technical setup.