Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $61.2300 (-0.84%) ($60.4500 - $61.4650) on Thu. Aug. 3, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.1% (three month average) | RSI | 49 | Latest Price | $61.2300(-0.84%) | 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 -0.7% a week on average for past two weeks. | Market Behavior | Value stocks sell-off for large cap. Normal for small cap. | Correlated ETFs | Broad market will support BMY advance at 0% a week (0% probability) XLV(52%) IBB(48%) VYM(47%) DIA(46%) IWD(45%) | Factors Impacting BMY price | BMY will decline at least -0.55% in a week (0% probabilities). VXX(-25%) VIXM(-23%) UUP(-19%) BNDX(-12%) TBT(-2%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.55% (StdDev 1.1%) | Hourly BBV | -0.8 () | Intraday Trend | -0.4% | | | |
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Resistance Level | $62.46 | 5 Day Moving Average | $61.62(-0.63%) | 10 Day Moving Average | $62.47(-1.98%) | 20 Day Moving Average | $62.46(-1.97%) | To recent high | -11.4% | To recent low | 0.8% | Market Cap | $138.008b | | | | 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. |