Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $58.6600 (-0.36%) ($57.7700 - $59.0900) on Fri. Jul. 31, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.47% (three month average) | RSI | 58 | Latest Price | $58.6600(-0.36%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | BMY advances 0.3% a day on average for past five trading days. | Weekly Trend | BMY declines -0.2% a week on average for past two weeks. | Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support BMY advance at 0% a week (0% probability) XLV(45%) SPLV(34%) VYM(31%) DIA(29%) IVE(28%) | Factors Impacting BMY price | BMY will decline at least -0.735% in a week (0% probabilities). VIXM(-16%) UUP(-8%) VXX(-5%) XLC(-3%) TLT(-3%) | 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 | -0.9 () | Intraday Trend | -0.4% | | | |
|
Inflection Point | Yes | Resistance Level | $59.05 | 5 Day Moving Average | $58.83(-0.29%) | 10 Day Moving Average | $59.08(-0.71%) | 20 Day Moving Average | $59.05(-0.66%) | To recent high | -8.5% | To recent low | 6.5% | Market Cap | $132.216b | | | | 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. |