Notable Two Hundred Day Moving Average Cross – International Business Machines

In trading on Thursday, shares of International Business Machines crossed below their 200 day moving average of $135.48, changing hands as low as $134.11 per share. International Business Machines shares are currently trading off about 4.2% on the day.

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The chart below shows the one year performance of IBM shares, versus its 200 day moving average:

IBM

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Looking at the chart above, IBM’s low point in its 52 week range is $115.545 per share, with $153.21 as the 52 week high point — that compares with a last trade of $134.55. The IBM DMA information above was sourced from TechnicalAnalysisChannel.com