Is IBM bullish today?

**IBM's stock is not showing a bullish signal today**. Here's why:

1. **Technical Indicators Suggest Neutral to Bearish Sentiment**:
- IBM's closing price on July 21, 2025, was $284.71, which is below both its resistance level of $294.81 and its support level of $224.44. This indicates a lack of strong buying pressure or support that would typically signal bullish or bearish sentiment, respectively.
- The stock's trading below its 50-day and 200-day moving averages could be seen as a bearish signal.

|code|Ticker|Name|Date|Support Level|Resistance Level|market_code|
|---|---|---|---|---|---|---|
|IBM|IBM.N|IBM|20250721|224.4401|294.8100|169|

2. **Analyst Sentiment is Mixed but Tendencies Towards Neutral**:
- The consensus rating for IBM is "Buy" with an average price target of $281, which suggests that analysts are generally optimistic about the stock's future performance.
- However, recent news indicates that analysts are maintaining their ratings but revising their price targets downward. For example, BofA Securities has reiterated its "Buy" rating with a price target of $320, but this reflects a more optimistic outlook than the current trading price suggests.
3. **Market Performance and Earnings Expectations**:
- IBM's stock has outperformed the S&P 500 in recent sessions, but this has not been accompanied by a significant increase in its own stock price, which could indicate a lack of strong investor confidence.
- The upcoming earnings report on July 23, 2025, is likely to influence investor sentiment. Analysts expect an earnings per share (EPS) of $2.64, which represents an 8.64% growth compared to the previous year's same quarter. However, the revenue forecast of $16.58 billion indicates only a 5.13% increase, which may not be enough to drive a bullish sentiment.
4. **Strategic Developments and Long-Term Outlook**:
- IBM's strategic focus on AI-powered infrastructure and its upcoming launch of the new AI-focused Power11 servers suggest a positive long-term outlook.
- The company's partnerships and acquisitions, such as the one with Parsons Corporation to modernize the U.S. air traffic control system, indicate a forward-looking growth potential.

In conclusion, while there are positive long-term indicators for IBM, the current trading price and short-term analyst sentiment do not clearly suggest a bullish trend today. The mixed technical indicators and the upcoming earnings report add uncertainty, which could lead to a neutral or even bearish perception among investors in the near term.