Trading Signals: BMY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Bristol-Myers Squibb Company)
| BMY latest price $51.8600 (2.67%) ($49.9400 - $51.8600) on Wed. Dec. 13, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.47% (three month average) | RSI | 67 | Latest Price | $51.8600(2.67%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | BMY advances 0.8% a day on average for past five trading days. | Weekly Trend | BMY advances 1.7% 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) XLP(76%) SPLV(75%) VFMO(75%) XLV(75%) IVE(74%) | Factors Impacting BMY price | BMY will decline at least -0.735% in a week (0% probabilities). VIXM(-40%) BNDX(-40%) UUP(-28%) KWEB(-10%) EDOC(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.735% (StdDev 1.47%) | Hourly BBV | 2.7 () | Intraday Trend | 3.6% | | | |
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5 Day Moving Average | $50.79(2.11%) | 10 Day Moving Average | $50.39(2.92%) | 20 Day Moving Average | $50.02(3.68%) | To recent high | -13.1% | To recent low | 7% | Market Cap | $116.889b | | | | 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. |