Trading Signals: BMY Stock Price Prediction and Forecast

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Mon. Jul. 6, 2020

Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)

(Bristol-Myers Squibb Company)
BMY latest price $60.1900 (1.78%) ($58.8700 - $60.5750) on Mon. Jul. 6, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.45% (three month average)
RSI   75
Latest Price   $60.1900(1.78%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   BMY advances 0.9% a day on average for past five trading days.
Weekly Trend   BMY advances 2.4% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support BMY advance at 0% a week (0% probability)
XLV(45%)    SPLV(34%)    VYM(32%)    DIA(29%)    IVE(29%)
Factors Impacting BMY price   BMY will decline at least -0.725% in a week (0% probabilities).
VIXM(-16%)    UUP(-9%)    VXX(-5%)    XLC(-3%)    TLT(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.725% (StdDev 1.45%)
Hourly BBV 1.1 ()
Intraday Trend 1%

5 Day Moving Average   $59.07(1.9%)
10 Day Moving Average   $58.52(2.85%)
20 Day Moving Average   $58.09(3.62%)
To recent high   -6.1%
To recent low   9.2%
Market Cap   $135.664b

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.

$. BMY price fluctuates within 2.89% (three month std-dev: 1.45%) daily (68% of days).

Sample size 6 Average positive next day return: 0.99%(33%) Average negative next day return: -1.9%(67%) Sample size 6 Average positive next three day return: 0.51%(17%) Average negative next three day return: -1.24%(83%) Sample size 6 Average positive next weekly return: 0.64%(17%) Average negative next weekly return: -2.58%(83%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200806

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_6_2020	58.88	58.09	58.52	59.07	59.17	59.51	60.19(1.78%)	UT	OpenLong	75	0.7	52	50	32	113	8.68	70%	-0.24	-18.3	1.45%	1.1	1.3	75	1.1
2	Jul_2_2020	59.02	58.12	58.14	58.54	58.67	59.26	59.14(-0.49%)	UD	OpenLong	75	0.3	43	80	27	90	11.33	67%	-0.14	-21.4	1.51%	0.6	0.6	64	0.8
3	Jul_1_2020	59.1	58.18	57.83	58.35	58.25	58.82	59.43(1.07%)	UT	OpenLong	75	0.6	50	60	38	84	11.71	67%	-0.12	-21.6	1.51%	1.6	0.7	62	0.6
4	Jun_30_2020	59.17	58.21	57.57	58.02	57.95	58.08	58.8(1.73%)	UT	OpenLong	75	0.4	25	10	18	44	12.1	72%	-0.15	-26.5	1.54%	2.2	0.3	43	0.3
5	Jun_29_2020	59.26	58.28	57.39	57.93	57.81	57.68	57.8(0.45%)	N/A	N/A	0	-0.1	-3	-20	-6	8	9.82	69%	-0.13	-26.6	1.57%	-0.3	-0.2	37	-0.2

6	Jun_26_2020	59.34	58.4	57.14	57.88	57.94	57.82	57.54(-1.1%)	DT	HoldShort	-50	-0.2	-4	-10	4	-28	26.11	77%	-0.17	-28.6	1.57%	-0.8	-0.4	35	-0.9
7	Jun_25_2020	59.44	58.51	57	57.66	57.76	57.94	58.18(0.73%)	DP	OpenShort	-65	0.3	-4	30	14	-58	15.27	77%	-0.13	-35	1.72%	0.1	-0.2	37	-0.3
8	Jun_24_2020	59.52	58.59	56.84	57.22	57.28	58.05	57.76(-1.06%)	DP	OpenShort	-65	0.3	-5	100	24	-93	11.17	81%	-0.1	-44.9	1.71%	0.1	-0.4	37	-0.7
9	Jun_23_2020	59.58	58.71	57.04	57.05	56.88	57.58	58.38(1.42%)	N/A	N/A	0	0.7	8	80	39	-86	15.55	72%	-0.1	-52.3	1.85%	1.2	-0.2	42	-0
10	Jun_22_2020	59.64	58.81	57.24	56.79	56.56	56.51	57.56(2.04%)	DP	OpenShort	-65	0.4	-10	-20	19	-97	18.71	72%	-0.08	-62	1.93%	2	-0.6	38	-0.2

11	Jun_19_2020	59.69	58.97	57.58	56.3	56.46	56.18	56.41(0.79%)	DP	OpenShort	-75	0.1	-34	-30	-6	-119	54.08	64%	-0.13	-75.1	1.92%	0.6	-1.2	34	-0.8
12	Jun_18_2020	59.77	59.21	58.06	56.25	56.2	56.61	55.97(-1.72%)	DT	OpenShort	-75	-0.1	-34	50	-8	-112	14.1	53%	-0.13	-83.7	1.96%	-1.5	-1.6	36	-0.7
13	Jun_17_2020	59.85	59.5	58.55	56.4	56.35	56.74	56.95(-0.19%)	DP	OpenShort	-65	0.3	-17	50	7	-90	13.65	59%	-0.13	-90.2	2.15%	0.9	-1.3	38	-0.9
14	Jun_16_2020	59.93	59.79	58.88	57.04	56.67	55.8	57.06(3.56%)	DP	OpenShort	-75	0	-44	-130	-29	-87	16.91	52%	-0.12	-83.4	2.26%	1.2	-1.4	36	-1
15	Jun_15_2020	60	60.11	59.24	57.81	57.73	55.95	55.1(-1.9%)	DT	OpenShort	-75	-1.4	-74	-220	-71	-82	21.55	48%	-0.15	-69.7	2.39%	-0.9	-2.5	25	-1.3

16	Jun_12_2020	60.09	60.57	59.81	59.08	59.3	57.54	56.17(-0.95%)	DT	OpenShort	-75	-1.6	-64	-200	-67	-53	14.86	47%	-0.18	-51.8	2.44%	-1.2	-2.4	26	-1.4
17	Jun_11_2020	60.2	60.96	60.21	60.11	60.35	59.5	56.71(-5.73%)	DT	OpenShort	-75	-2.1	-44	-90	-49	-28	17.4	45%	-0.18	-34.1	2.58%	-2.1	-2.6	26	-2.6
18	Jun_10_2020	60.31	61.3	60.56	60.95	61.07	61.06	60.16(-1.26%)	N/A	N/A	0	-0.6	-1	0	-2	3	13.52	49%	-0.12	-17.4	2.49%	-1.7	-0.9	37	0.9
19	Jun_9_2020	60.38	61.46	60.59	60.96	61	61.21	60.93(-0.81%)	N/A	N/A	0	-0	5	30	7	-2	12.16	46%	0	-10.2	2.49%	-0.2	-0.4	33	1
20	Jun_8_2020	60.38	61.54	60.53	60.9	60.74	61.08	61.43(0.16%)	N/A	N/A	0	0.4	5	30	11	-13	12.55	46%	-0.08	-3.5	2.55%	0.6	-0.1	31	1.6

21	Jun_5_2020	60.43	61.52	60.45	60.67	60.55	60.8	61.33(0.72%)	N/A	N/A	0	0.5	4	20	15	-28	11.86	45%	-0.1	-5.7	2.55%	1	-0.1	27	2
22	Jun_4_2020	60.49	61.51	60.42	60.35	60.29	60.39	60.89(1.13%)	DP	OpenShort	-65	0.4	-8	10	6	-48	13.45	48%	-0.1	-11.4	2.55%	1	-0.4	27	1.6
23	Jun_3_2020	60.55	61.53	60.48	60.14	60.29	60.3	60.21(-0.73%)	DP	OpenShort	-65	0.1	-13	20	2	-59	13.62	46%	-0.1	-17.1	2.59%	-0.6	-0.9	27	1.7
24	Jun_2_2020	60.61	61.6	60.71	60.17	60.18	60.19	60.65(0.6%)	DP	OpenShort	-65	0.4	-12	0	4	-61	15.46	46%	-0.1	-19.4	2.6%	0.9	-0.7	28	1.3
25	Jun_1_2020	60.67	61.59	60.98	60.11	60.12	60.06	60.29(0.95%)	DP	OpenShort	-75	0.1	-20	-10	-5	-64	11.51	46%		-28.3	2.61%	0.2	-0.9	33	1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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