Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $51.6231 (2.64%) ($50.8195 - $51.7223) on Mon. Nov. 5, 2018. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.73% (three month average) | RSI | 33 | Latest Price | $51.6231(2.64%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | BMY advances 0.9% a day on average for past five trading days. | Weekly Trend | BMY declines -3.8% a week on average for past two weeks. | Market Behavior | Value stock rally for large cap. Rotation from growth to value for small cap. | Correlated ETFs | Broad market will support BMY advance at 0% a week (0% probability) XLV(58%) SPLV(48%) VYM(48%) IVE(47%) IWD(46%) | Factors Impacting BMY price | BMY will decline at least -0.865% in a week (0% probabilities). VIXM(-16%) TLT(-14%) VXX(-11%) UUP(-8%) DIA(-8%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.865% (StdDev 1.73%) | Hourly BBV | 0 () | Intraday Trend | 1.4% | | | |
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Resistance Level | $53.29 | 5 Day Moving Average | $50.68(1.86%) | 10 Day Moving Average | $50.08(3.08%) | 20 Day Moving Average | $53.29(-3.13%) | To recent high | -17.7% | To recent low | 6.6% | Market Cap | $116.355b | | | | 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. |