Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $51.4700 (-0.75%) ($51.0000 - $52.5350) on Thu. Dec. 14, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.47% (three month average) | RSI | 62 | Latest Price | $51.4700(-0.75%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | BMY advances 0.5% a day on average for past five trading days. | Weekly Trend | BMY advances 1.9% a week on average for past two weeks. | Market Behavior | Value stock rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support BMY advance at 0% a week (0% probability) SPLV(76%) XLP(76%) VFMO(75%) XLV(75%) IBB(72%) | Factors Impacting BMY price | BMY will decline at least -0.735% in a week (0% probabilities). BNDX(-40%) VXX(-46%) VIXM(-39%) UUP(-27%) KWEB(-14%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.735% (StdDev 1.47%) | Hourly BBV | 0.3 () | Intraday Trend | -1.9% | | | |
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5 Day Moving Average | $51.05(0.82%) | 10 Day Moving Average | $50.59(1.74%) | 20 Day Moving Average | $50.03(2.88%) | To recent high | -13.5% | To recent low | 6.2% | Market Cap | $116.01b | | | | 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. |