Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $60.8900 (1.13%) ($59.8200 - $61.0900) on Thu. Jun. 4, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.55% (three month average) | RSI | 27 | Latest Price | $60.8900(1.13%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | BMY advances 0.4% a day on average for past five trading days. | Weekly Trend | BMY declines -2.1% 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(46%) SPLV(36%) VYM(33%) DIA(32%) IVE(31%) | Factors Impacting BMY price | BMY will decline at least -1.275% in a week (0% probabilities). VIXM(-19%) UUP(-10%) VXX(-7%) TLT(-5%) XLC(-1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.275% (StdDev 2.55%) | Hourly BBV | 1 () | Intraday Trend | 1.8% | | | |
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Resistance Level | $61.51 | 5 Day Moving Average | $60.35(0.89%) | 10 Day Moving Average | $60.42(0.78%) | 20 Day Moving Average | $61.51(-1.01%) | To recent high | -5% | To recent low | 31.2% | Market Cap | $137.242b | | | | 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. |