Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $52.7900 (1.03%) ($50.8700 - $53.7800) on Fri. Mar. 27, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.62% (three month average) | RSI | 42 | Latest Price | $52.7900(1.03%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | BMY advances 1.8% a day on average for past five trading days. | Weekly Trend | BMY declines -5.3% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support BMY advance at 0% a week (0% probability) XLV(53%) SPLV(43%) VYM(41%) DIA(39%) IVE(39%) | Factors Impacting BMY price | BMY will decline at least -1.31% in a week (0% probabilities). VIXM(-24%) UUP(-13%) VXX(-8%) TLT(-5%) SHY(-1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.31% (StdDev 2.62%) | Hourly BBV | 1.2 () | Intraday Trend | 3.3% | | | |
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1 - 5 Day Possible Target | $34.92(-33.85%) | Resistance Level | $53.96 | 5 Day Moving Average | $50.01(5.56%) | 10 Day Moving Average | $50.26(5.03%) | 20 Day Moving Average | $53.96(-2.17%) | To recent high | -21.7% | To recent low | 13.8% | Market Cap | $118.985b | | | | 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. |