Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $65.1600 (-0.49%) ($64.7500 - $65.3300) on Wed. Jun. 7, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.05% (three month average) | RSI | 40 | Latest Price | $65.1600(-0.49%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | BMY advances 0.2% a day on average for past five trading days. | Weekly Trend | BMY declines -0.4% a week on average for past two weeks. | Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support BMY advance at 0% a week (0% probability) ARKG(30%) ARKK(27%) ACES(23%) BLOK(22%) BOTZ(16%) | Factors Impacting BMY price | BMY will decline at least -0.525% in a week (0% probabilities). EWJ(-21%) XLC(-19%) SHY(-19%) MCHI(-19%) VWO(-18%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.525% (StdDev 1.05%) | Hourly BBV | -1 () | Intraday Trend | 0% | | | |
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Resistance Level | $65.94 | 5 Day Moving Average | $65.39(-0.35%) | 10 Day Moving Average | $64.92(0.37%) | 20 Day Moving Average | $65.94(-1.18%) | To recent high | -7.9% | To recent low | 2.3% | Market Cap | $146.866b | | | | 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. |