Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $50.8400 (-1.42%) ($50.2450 - $51.7400) on Thu. Nov. 16, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.37% (three month average) | RSI | 50 | Latest Price | $50.8400(-1.42%) | 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 -0.6% a week on average for past two weeks. | Market Behavior | Normal for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support BMY advance at 0% a week (0% probability) IBB(62%) SPY(61%) XLP(61%) VYM(60%) SDY(59%) | Factors Impacting BMY price | BMY will decline at least -0.685% in a week (0% probabilities). VXX(-46%) VIXM(-28%) BNDX(-23%) UUP(-16%) URA(-13%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.685% (StdDev 1.37%) | Hourly BBV | -0.7 () | Intraday Trend | -1.5% | | | |
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1 - 5 Day Possible Target | $43.86(-13.73%) | Resistance Level | $52.34 | 5 Day Moving Average | $50.74(0.2%) | 10 Day Moving Average | $51.4(-1.09%) | 20 Day Moving Average | $52.34(-2.87%) | To recent high | -19.1% | To recent low | 1.4% | Market Cap | $114.59b | | | | 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. |