Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $50.3100 (0.3%) ($50.0900 - $50.5350) on Fri. Dec. 8, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.4% (three month average) | RSI | 45 | Latest Price | $50.3100(0.3%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | BMY advances 0.1% a day on average for past five trading days. | Weekly Trend | BMY advances 0.7% 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) IVE(77%) SPLV(77%) XLP(77%) XLV(75%) VFMO(74%) | Factors Impacting BMY price | BMY will decline at least -0.7% in a week (0% probabilities). VXX(-45%) VIXM(-42%) BNDX(-39%) UUP(-25%) KWEB(-6%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.7% (StdDev 1.4%) | Hourly BBV | 0.5 () | Intraday Trend | 0.2% | | | |
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5 Day Moving Average | $50.12(0.38%) | 10 Day Moving Average | $49.7(1.23%) | 20 Day Moving Average | $49.88(0.86%) | To recent high | -17.3% | To recent low | 3.8% | Market Cap | $113.395b | | | | 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. |