In trading on Tuesday, shares of International Business Machines crossed above their 200 day moving average of $129.18, changing hands as high as $132.17 per share. International Business Machines shares are currently trading up about 1.7% on the day.
The chart below shows the one year performance of IBM shares, versus its 200 day moving average:
Looking at the chart above, IBM’s low point in its 52 week range is $90.56 per share, with $158.75 as the 52 week high point — that compares with a last trade of $128.59. The IBM DMA information above was sourced from TechnicalAnalysisChannel.com