Markets

International Business Machines (IBM) Shares Cross Below 200 DMA

In trading on Wednesday, shares of International Business Machines Corp. (Symbol: IBM) crossed below their 200 day moving average of $164.60, changing hands as low as $160.01 per share. International Business Machines Corp. shares are currently trading off about 5.8% 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 $142.50 per share, with $182.79 as the 52 week high point - that compares with a last trade of $159.77.

According to the ETF Finder at ETF Channel, IBM makes up 7.16% of the First Trust NASDAQ Technology Dividend Index Fund ETF (Symbol: TDIV) which is trading relatively unchanged on the day Wednesday.

Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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