Trading Signals: BMY Stock Price Prediction and Forecast

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Tue. Dec. 10, 2019

Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)

(Bristol-Myers Squibb Company)
BMY latest price $62.0900 (1.32%) ($60.9300 - $62.3700) on Tue. Dec. 10, 2019.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.01% (three month average)
RSI   81
Latest Price   $62.0900(1.32%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   BMY advances 1.5% a day on average for past five trading days.
Weekly Trend   BMY advances 3.5% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support BMY advance at 0% a week (0% probability)
XLV(59%)    SPLV(51%)    VYM(50%)    DIA(48%)    IVE(48%)
Factors Impacting BMY price   BMY will decline at least -0.505% in a week (0% probabilities).
VIXM(-32%)    VXX(-13%)    TLT(-13%)    IGOV(-6%)    UUP(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.505% (StdDev 1.01%)
Hourly BBV 1.4 ()
Intraday Trend 1.8%

5 Day Moving Average   $60.34(2.9%)
10 Day Moving Average   $58.92(5.38%)
20 Day Moving Average   $58.17(6.74%)
To recent high   0%
To recent low   27.9%
Market Cap   $139.947b

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.

$. BMY price fluctuates within 2.73% (three month std-dev: 1.01%) daily (68% of days).

Sample size 41 Average positive next day return: 2%(51%) Average negative next day return: -0.94%(49%) Sample size 41 Average positive next three day return: 2.9%(54%) Average negative next three day return: -1.51%(46%) Sample size 41 Average positive next weekly return: 3.63%(44%) Average negative next weekly return: -2.11%(56%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Dec_10_2019	51.6	58.17	58.92	60.34	60.47	61.27	62.09(1.32%)	UT	HoldLong	65	1.1	129	100	90	246	18.84	70%	0.37	50.5	1.01%	1.4	2.5	81	-0.1
2	Dec_9_2019	51.41	57.95	58.31	59.47	59.64	60.54	61.28(2.22%)	UT	OpenLong	75	1.4	120	110	97	189	15.76	69%	0.35	48.2	1.01%	0.3	2.5	67	-0.2
3	Dec_6_2019	51.23	57.77	57.81	58.7	58.73	59.66	59.95(0.79%)	UT	OpenLong	75	1.2	98	110	88	126	17.39	66%	0.31	43.7	0.98%	0	2.1	55	1.1
4	Dec_5_2019	51.07	57.64	57.48	58.1	58.08	58.74	59.48(0.98%)	UT	OpenLong	75	1.5	75	80	77	70	16.81	66%	0.31	32.9	0.99%	0	2	53	0.6
5	Dec_4_2019	50.91	57.5	57.16	57.72	57.56	57.8	58.9(1.99%)	UT	OpenLong	75	1.4	34	20	42	11	21.91	66%	0.3	24.7	0.99%	0	1.7	48	0.4

6	Dec_3_2019	50.76	57.38	56.9	57.29	57.32	57.42	57.75(0.59%)	N/A	N/A	0	0.6	7	10	23	-41	25.93	62%	0.26	14.2	0.96%	0	0.5	44	-0.5
7	Dec_2_2019	50.63	57.32	56.88	56.97	57.12	57.32	57.41(0.83%)	DP	OpenShort	-65	0.5	-2	30	20	-68	24.68	62%	0.26	9.1	0.96%	0	0.1	44	0.6
8	Nov_29_2019	50.5	57.31	56.97	56.78	56.87	57.21	56.94(-1.15%)	DP	OpenShort	-65	0.2	-4	50	20	-75	8.91	62%	0.34	14.7	0.97%	0	-0.5	42	1.5
9	Nov_27_2019	50.33	57.34	57.11	56.76	56.72	56.92	57.6(1.53%)	N/A	N/A	0	1	8	20	32	-65	25.86	66%	0.24	31.2	0.96%	0	0.3	50	1.9
10	Nov_26_2019	50.21	57.3	57.21	56.52	56.64	56.52	56.73(1%)	DP	OpenShort	-65	0.2	-15	-10	5	-74	21.78	69%	0.22	32.2	0.95%	0	-0.7	50	2

11	Nov_25_2019	50.1	57.26	57.37	56.47	56.53	56.53	56.17(-0.5%)	DT	OpenShort	-75	-0.3	-36	0	-26	-67	23.16	67%	0.2	35.8	1.02%	0	-1.2	52	2.1
12	Nov_22_2019	50	57.25	57.58	56.77	56.67	56.76	56.45(-0.7%)	DT	OpenShort	-75	-0.3	-18	10	-13	-31	19.33	59%	0.14	52.2	1.08%	0	-0.8	51	1.6
13	Nov_21_2019	49.93	57.19	57.74	57.2	57.01	56.54	56.85(0.78%)	DP	OpenShort	-75	-0.3	-20	-70	-24	-6	23.13	59%	0.2	63.9	1.07%	0	-0.3	49	1.3
14	Nov_20_2019	49.83	57.08	57.83	57.53	57.41	56.59	56.41(-0.12%)	DT	OpenShort	-75	-0.9	-57	-110	-74	-5	185.42	59%	0.2	74.3	1.07%	0	-0.5	44	1.3
15	Nov_19_2019	49.73	57.02	57.91	58	58.01	57.48	56.48(-2.03%)	N/A	N/A	0	-1.1	-37	-60	-58	28	39.24	59%	0.2	90.8	1.07%	0	-0.4	50	1.5

16	Nov_18_2019	49.63	56.93	57.94	58.39	58.37	58.23	57.65(-1.6%)	UD	OpenLong	65	-0.5	2	-20	-22	74	28.45	65%	0.26	94.2	1.03%	0	0.5	67	1.8
17	Nov_15_2019	49.5	56.72	57.85	58.49	58.51	58.54	58.59(0.14%)	UT	HoldLong	65	0.1	33	0	10	102	9.62	74%	0.26	92.8	1.05%	0	1.1	78	2
18	Nov_14_2019	49.37	56.45	57.7	58.37	58.35	58.5	58.51(-0.48%)	UD	OpenLong	75	0.1	39	20	12	120	11.02	69%	0.28	89.4	1.05%	0	1.1	80	1.5
19	Nov_13_2019	49.23	56.16	57.58	58.19	58.16	58.48	58.79(0.69%)	UT	HoldLong	65	0.3	62	40	34	145	12.92	69%	0.26	84	1.08%	0	1.3	85	1.3
20	Nov_12_2019	49.1	55.8	57.38	57.82	57.85	58.19	58.39(0.41%)	UT	HoldLong	65	0.3	68	40	41	149	8.35	64%	0.27	79.2	1.08%	0	1.2	78	1.5

21	Nov_11_2019	48.97	55.48	57.12	57.42	57.42	57.84	58.15(0.22%)	UT	HoldLong	65	0.3	60	50	34	136	9.09	64%	0.18	75.5	1.11%	0	1.2	79	1.4
22	Nov_8_2019	48.88	55.15	56.87	57.12	57.05	57.51	58.02(0.76%)	UT	HoldLong	65	0.4	62	50	34	144	11.62	67%	0.18	73.3	1.11%	0	1.3	83	1.2
23	Nov_7_2019	48.79	54.83	56.57	56.95	56.84	57	57.58(1.09%)	UT	HoldLong	65	0.3	49	10	17	146	11.87	67%	0.18	72.2	1.13%	0	1.2	82	1.1
24	Nov_6_2019	48.7	54.49	56.26	56.9	56.94	56.59	56.96(1.01%)	UD	OpenLong	65	0	35	-40	-6	156	13.41	67%	0.21	74.6	1.13%	0	1.1	83	1
25	Nov_5_2019	48.6	54.19	56.04	56.89	57.04	56.67	56.39(-0.44%)	UD	OpenLong	65	-0.2	29	-40	-23	183	10.49	67%		76.4	1.13%	0	1	84	1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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