Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $58.3600 (1.14%) ($57.9100 - $58.6900) on Fri. Oct. 15, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 0.97% (three month average) | RSI | 39 | Latest Price | $58.3600(1.14%) | 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 -1.9% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Normal for small cap. | Correlated ETFs | Broad market will support BMY advance at 0% a week (0% probability) XLV(34%) SPLV(26%) VYM(23%) XLP(23%) DIA(21%) | Factors Impacting BMY price | BMY will decline at least -0.485% in a week (0% probabilities). VIXM(-11%) UUP(-9%) VXX(-1%) TLT(-1%) KWEB(-1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.485% (StdDev 0.97%) | Hourly BBV | 1 () | Intraday Trend | 0.4% | | | |
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1 - 5 Day Possible Target | $54.05(-7.39%) | Resistance Level | $59.06 | 5 Day Moving Average | $57.52(1.46%) | 10 Day Moving Average | $58.08(0.48%) | 20 Day Moving Average | $59.06(-1.19%) | To recent high | -15.8% | To recent low | 2.3% | Market Cap | $131.54b | | | | 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. |