Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $50.2300 (0.47%) ($49.5600 - $50.4000) on Tue. Dec. 5, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.43% (three month average) | RSI | 48 | Latest Price | $50.2300(0.47%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | BMY advances 0.6% a day on average for past five trading days. | Weekly Trend | BMY declines -0.7% a week on average for past two weeks. | Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support BMY advance at 0% a week (0% probability) SPLV(77%) XLV(77%) IVE(76%) XAR(75%) XLP(74%) | Factors Impacting BMY price | BMY will decline at least -0.715% in a week (0% probabilities). VXX(-48%) VIXM(-46%) BNDX(-41%) UUP(-23%) BND(-11%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.715% (StdDev 1.43%) | Hourly BBV | 0.8 () | Intraday Trend | 0.9% | | | |
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5 Day Moving Average | $49.69(1.09%) | 10 Day Moving Average | $49.43(1.62%) | 20 Day Moving Average | $50.08(0.3%) | To recent high | -17.4% | To recent low | 3.6% | Market Cap | $113.215b | | | | 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. |