Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $52.8200 (3.31%) ($51.3900 - $53.1350) on Fri. Nov. 3, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.28% (three month average) | RSI | 28 | Latest Price | $52.8200(3.31%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | BMY advances 0.7% a day on average for past five trading days. | Weekly Trend | BMY declines -4.7% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support BMY advance at 0% a week (0% probability) DIA(60%) XLV(58%) XLP(57%) IBB(56%) SPY(56%) | Factors Impacting BMY price | BMY will decline at least -0.64% in a week (0% probabilities). VXX(-39%) VIXM(-27%) BNDX(-22%) UUP(-17%) TLT(-8%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.64% (StdDev 1.28%) | Hourly BBV | 1.5 () | Intraday Trend | 2.4% | | | |
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1 - 5 Day Possible Target | $44.23(-16.26%) | Resistance Level | $54.75 | 5 Day Moving Average | $51.6(2.36%) | 10 Day Moving Average | $52.97(-0.28%) | 20 Day Moving Average | $54.75(-3.53%) | To recent high | -16% | To recent low | 3.5% | Market Cap | $119.053b | | | | 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. |