Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $64.9700 (3.97%) ($63.2400 - $65.2450) on Mon. Jan. 11, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.59% (three month average) | RSI | 58 | Latest Price | $64.9700(3.97%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | BMY advances 1.2% a day on average for past five trading days. | Weekly Trend | BMY advances 0.8% a week on average for past two weeks. | Market Behavior | Growth stock sell-off for large cap. Normal for small cap. | Correlated ETFs | Broad market will support BMY advance at 0% a week (0% probability) XLV(39%) SPLV(30%) VYM(27%) XLP(25%) DIA(24%) | Factors Impacting BMY price | BMY will decline at least -0.795% in a week (0% probabilities). VIXM(-14%) IGOV(-9%) UUP(-8%) VXX(-3%) TLT(-1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.795% (StdDev 1.59%) | Hourly BBV | 1.5 () | Intraday Trend | 2.3% | | | |
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Inflection Point | Yes | 5 Day Moving Average | $62.61(3.77%) | 10 Day Moving Average | $62.14(4.55%) | 20 Day Moving Average | $61.91(4.94%) | To recent high | -0.7% | To recent low | 12.5% | Market Cap | $146.438b | | | | 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. |