Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $47.8162 (2.45%) ($46.6523 - $48.1855) on Thu. Feb. 2, 2017. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.2% (three month average) | RSI | 31 | Latest Price | $47.8162(2.45%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | BMY advances 1.5% a day on average for past five trading days. | Weekly Trend | BMY declines -6.3% a week on average for past two weeks. | Market Behavior | Normal for large cap. Growth stock sell-off for small cap. | Correlated ETFs | Broad market will support BMY advance at 0% a week (0% probability) XLV(56%) VYM(46%) SPLV(45%) IVE(44%) IWD(44%) | Factors Impacting BMY price | BMY will decline at least -1.1% in a week (0% probabilities). VIXM(-18%) TLT(-12%) UUP(-9%) SHY(-3%) IGOV(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.1% (StdDev 2.2%) | Hourly BBV | 0 () | Intraday Trend | 2.3% | | | |
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Resistance Level | $50.27 | 5 Day Moving Average | $46.47(2.9%) | 10 Day Moving Average | $46.4(3.05%) | 20 Day Moving Average | $50.27(-4.88%) | To recent high | -16% | To recent low | 7.9% | Market Cap | $107.775b | | | | Bristol-Myers Squibb Co. engages in the discovery, development, licensing, manufacture, marketing, distribution, and sale of biopharmaceutical products. It includes chemically-synthesized drugs or small molecules and products produced from biological processes called biologics. The company was founded in August 1933 and is headquartered in New York, NY. |