Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $57.1700 (1.24%) ($56.6800 - $57.4900) on Mon. Oct. 16, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.07% (three month average) | RSI | 33 | Latest Price | $57.1700(1.24%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | BMY advances 0.2% a day on average for past five trading days. | Weekly Trend | BMY declines -1.2% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support BMY advance at 0% a week (0% probability) DIA(57%) XLV(57%) IBB(55%) XLP(54%) IVE(52%) | Factors Impacting BMY price | BMY will decline at least -0.535% in a week (0% probabilities). VXX(-29%) VIXM(-22%) BNDX(-20%) UUP(-17%) TLT(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.535% (StdDev 1.07%) | Hourly BBV | 1.3 () | Intraday Trend | 0.7% | | | |
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1 - 5 Day Possible Target | $53.66(-6.14%) | Resistance Level | $57.52 | 5 Day Moving Average | $56.59(1.02%) | 10 Day Moving Average | $56.65(0.92%) | 20 Day Moving Average | $57.52(-0.61%) | To recent high | -11.7% | To recent low | 1.6% | Market Cap | $128.857b | | | | 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. |