BRISTOL-MYERS SQUIBB CO (BMY)
US1101221083 - Common Stock
We assign a technical rating of 8 out of 10 to BMY. Although BMY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
BMY is part of the Pharmaceuticals industry. There are 194 other stocks in this industry. BMY outperforms 74% of them.
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.
BMY has an average volume of 11761400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BMY is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month BMY has a been trading in the 51.81 - 61.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BMY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 54.87, a Stop Loss order could be placed below this zone.
More info and screens
51.39
58.81
When analyzing the support we can see 2 important areas.
- A support zone ranging from 54.40 to 54.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 51.91 to 51.91. 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
CRS75.01
Mansfield0.56
10 Day High61.08
10 Day Low53.97
20 Day High61.08
20 Day Low51.81
52 Week High61.08
52 Week Low39.35
Performance
1 Week-0.46%
2 Weeks6.43%
1 Month10.03%
3 Month21.04%
6 Month41.2%
12 Month17.02%
2 Year-27.47%
3 Year8.58%
5 Year2.27%
10 Year-1.39%
15 Year130.07%
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)0.05
RSI(14)60.65
LBB53.64
UBB60.45
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 |
|---|---|---|---|
| 61.09 | 53.96 | 7.13 (11.67%) | 8.57% |
| An entry @61.09. This is a Buy Stop order right above the 10 day high. | An exit @53.96. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 7.13 points, which is 11.67%. | When investing 8.57% 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 (11/21/2024, 8:15:36 PM)
After market: 58.38 +0.15 (+0.26%)58.23
+0.35 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.6%
1 Week-0.46%
2 Weeks6.43%
1 Month10.03%
3 Month21.04%
6 Month41.2%
12 Month17.02%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.91
ATR(20)%3.05%
ATR Inc
Range Today1.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High61.08
10 Day Low53.97
20 Day High61.08
20 Day Low51.81
52 Week High61.08
52 Week Low39.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.44M
Volume Incr17.67%
Vol(5)12.76M
Vol(50)11.76M