Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $52.7058 (0.88%) ($52.1920 - $52.9207) on Thu. Sep. 22, 2016. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.35% (three month average) | RSI | 47 | Latest Price | $52.7058(0.88%) | 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 -0.8% 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) XLV(55%) VYM(44%) IVE(42%) IWD(42%) SPLV(42%) | Factors Impacting BMY price | BMY will decline at least -1.175% in a week (0% probabilities). VIXM(-17%) TLT(-12%) UUP(-7%) IBUY(-6%) IGOV(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.175% (StdDev 2.35%) | Hourly BBV | 0 () | Intraday Trend | 0.7% | | | |
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1 - 5 Day Possible Target | $48.76(-7.49%) | Resistance Level | $52.81 | 5 Day Moving Average | $52.05(1.26%) | 10 Day Moving Average | $52.07(1.22%) | 20 Day Moving Average | $52.81(-0.2%) | To recent high | -26.5% | To recent low | 2.4% | Market Cap | $118.795b | | | | 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. |