BRISTOL-MYERS SQUIBB CO (BMY) Stock Technical Analysis
NYSE:BMY - New York Stock Exchange, Inc. - US1101221083 - Common Stock
We assign a technical rating of 7 out of 10 to BMY. Both in the recent history as in the last year, BMY has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that BMY is one of the better performing stocks in the market, outperforming 71% of all stocks.
BMY is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 77% of 195 stocks in the same industry.
BMY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BMY is lagging the market slightly.
In the last month BMY has a been trading in the 54.81 - 58.38 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BMY has an average volume of 10996200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BMY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 58.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 56.69, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BMY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
53.60
60.55
We found 2 important support areas.
- A support zone ranging from 55.35 to 56.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.14 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 58.47 to 59.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.87
Mansfield0.41
10 Day High57.68
10 Day Low54.81
20 Day High58.38
20 Day Low54.81
52 Week High61.08
52 Week Low39.35
Performance
1 Week3.03%
2 Weeks0.83%
1 Month0.35%
3 Month9.86%
6 Month13.06%
12 Month14.77%
2 Year-21.49%
3 Year-12.1%
5 Year-9.39%
10 Year-5.36%
15 Year134.15%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)52.65
LBB55.35
UBB57.38
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 57.69 | 55.34 | 2.35 (4.07%) | 24.55% |
| An entry @57.69. This is a Buy Stop order right above the 10 day high. | An exit @55.34. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.35 points, which is 4.07%. | When investing 24.55% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BRISTOL-MYERS SQUIBB CO
NYSE:BMY (1/21/2025, 8:04:00 PM)
After market: 56.9801 -0.06 (-0.11%)57.04
+0.75 (+1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.33%
1 Week3.03%
2 Weeks0.83%
1 Month0.35%
3 Month9.86%
6 Month13.06%
12 Month14.77%
2 Year-21.49%
3 Year-12.1%
5 Year-9.39%
10 Year-5.36%
15 Year134.15%
Volatility
ATR(14)1.07
ATR(20)%1.79%
ATR Inc23.09%
Range Today1.13
ADR(20)0.98
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.87
Mansfield0.41
10 Day High57.68
10 Day Low54.81
20 Day High58.38
20 Day Low54.81
52 Week High61.08
52 Week Low39.35
CS1 End56.69
CR1 Start58.47
Volume & EV
DER(3)3.27%
DER(5)2.9%
Volume9.11M
Volume Incr-22.77%
Vol(5)8.99M
Vol(50)11.00M