International Business Machines (IBM) spent most of a decade stuck in the Red Zone of the SIA S&P 500 Index Report between early 2013 and early 2022. In the last eighteen months, however, IBM’s relative strength has improved significantly. In the last month, IBM has broken out of a downtrend in the rankings and yesterday it returned to the Green Favored Zone for the first time since January. Yesterday it finished in 125th place, up 6 spots on the day and up 55 positions in the last month.
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