Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $65.4500 (2.49%) ($64.1200 - $65.7750) on Thu. Jan. 9, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.03% (three month average) | RSI | 64 | Latest Price | $65.4500(2.49%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | BMY advances 0.7% a day on average for past five trading days. | Weekly Trend | BMY advances 0.5% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Rotation from value to growth for small cap. | Correlated ETFs | Broad market will support BMY advance at 0% a week (0% probability) XLV(60%) SPLV(51%) VYM(50%) DIA(48%) IVE(48%) | Factors Impacting BMY price | BMY will decline at least -0.515% in a week (0% probabilities). VIXM(-32%) VXX(-13%) TLT(-13%) UUP(-4%) TIP(1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.515% (StdDev 1.03%) | Hourly BBV | 1.2 () | Intraday Trend | 2% | | | |
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Inflection Point | Yes | 5 Day Moving Average | $63.8(2.59%) | 10 Day Moving Average | $63.85(2.51%) | 20 Day Moving Average | $63.62(2.88%) | To recent high | 0% | To recent low | 28.9% | Market Cap | $147.52b | | | | 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. |