This article is not available in English yet. You are reading the original in Spanish.
El Oráculo · IBM: acumulacion silenciosa a -31% del maximo
IBM opera un 30.95% por debajo de su maximo de 60 dias con un vol_ratio de 1.86 sobre el promedio de 30 dias, lo que sugiere acumulacion institucional sin movimiento de precio todavia. La señal donchian_breakout long tiene un hit_rate historico de 65.6% a 5 dias sobre 192 casos con p-value de 0.003. El FOMC del 29/07 y el GDP del 30/07 caen dentro del horizonte y pueden actuar como catalizadores para una rotacion hacia large-cap value tech, donde IBM tiene posicion defensiva.

El Oráculo
Lunes 27 de julio de 2026
| IBM | CEDEAR |
▲DONCHIAN BREAKOUT LONG + VOL_RATIO ELEVADO
Target +3.2% · 5 sesiones
|
Conf. 6/10 |
Prob. 58% |
Target +3.2% |
Stop -3.5% |
IBM: acumulacion silenciosa a -31% del maximo
El dato clave
IBM -30.95% vs high 60d con vol_ratio 1.86 y señal donchian activa
La tesis
Contexto
Esta no es una recomendación de inversión. La información publicada es general y no contempla situaciones particulares. Operar en mercados financieros implica riesgo de pérdida. Consultá con un asesor financiero registrado antes de tomar decisiones (Ley 26.831).
85ed4cbbed292bf9c58d40167240e45a22431c7c946a6ca8abf71692acdb2852 y quedó anclada a Bitcoin (OpenTimestamps). No fue editada.Keep reading
- Sin categoría
El Oráculo · T31Y7: LECAP 84 bp cheap vs curve
The curve model flags T31Y7 as cheap with a residual of 84.78 bp compared to its fixed rate peers, the largest visible dislocation in today's bond universe. With positive momentum of +2.5% over 20d and the price just -0.31% off its 60d high, selling pressure does not explain the dislocation — a pricing lag in a relatively less liquid instrument is more likely. Convergence to curve fair value should materialize in 3-5 trading sessions as market makers adjust.
- Sin categoría
El Oráculo · BBD: up 3% despite Lula shock on 5x vol
Bradesco reported solid results on 23/oct (loan portfolio exceeded BRL 1.1 trillion, BRL 10B capital increase, 45M digital clients) and is up 3.4% today on volume 5.3x the 30-day average, despite the broad selloff in Brazilian ADRs following Lula's victory. The divergence is the signal: the market is punishing the political backdrop, but BBD has already absorbed the positive fundamental catalyst. The Donchian breakout triggered today has a 61% hit rate vs 47.8% base rate, confirmed out-of-sample, with a 2-day horizon.
- Sin categoría
El Oráculo · NU: systemic selloff erases UBS upgrade
NU falls -2.19% today on volume 3.56x average, dragged down by the broad tech selloff (Nasdaq -2.6%) following Meta's capex noise. The UBS upgrade to $20.50 on 20/10 generated +5.8% that day, but today's systemic panic is erasing part of that move with no fundamental deterioration in the business. With earnings 20 days away, there is no surprise risk within the horizon, and historically similar setups show 3 consecutive wins in comparable configurations.