Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $57.3700 (0.35%) ($56.9800 - $57.6450) on Tue. Oct. 17, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.07% (three month average) | RSI | 42 | Latest Price | $57.3700(0.35%) | 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 -0.8% a week on average for past two weeks. | Market Behavior | Value stock 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 | 0.8 () | Intraday Trend | 0.4% | | | |
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Resistance Level | $57.46 | 5 Day Moving Average | $56.78(1.04%) | 10 Day Moving Average | $56.68(1.22%) | 20 Day Moving Average | $57.46(-0.16%) | To recent high | -11.4% | To recent low | 2% | Market Cap | $129.308b | | | | 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. |