BRISTOL-MYERS SQUIBB CO (BMY)

US1101221083 - Common Stock

57.33  +1.03 (+1.83%)

After market: 57.5368 +0.21 (+0.36%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to BMY. In the last year, BMY was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

In the last month BMY has a been trading in the 55.04 - 60.68 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
BMY is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. BMY outperforms 79% of them.
BMY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BMY is performing more or less in line with the market.
BMY has an average volume of 11118200 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 76% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
BMY Weekly chart
BMY Daily chart
Setup Rating and Analysis

8

BMY has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 59.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 56.95, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

54.61

60.55

We found 1 important support area.

  • A support zone ranging from 55.16 to 56.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 59.39 to 59.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.77
Mansfield0.55
10 Day High59.76
10 Day Low55.04
20 Day High60.68
20 Day Low55.04
52 Week High61.08
52 Week Low39.35
Performance
1 Week2.78%
2 Weeks-3.45%
1 Month-1.55%
3 Month16.03%
6 Month36.73%
12 Month9.64%
2 Year-20.32%
3 Year-8.05%
5 Year-10.69%
10 Year-2.88%
15 Year127.05%
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)-0.31
RSI(14)51.02
LBB55.15
UBB59.82
BMY Daily chart

BRISTOL-MYERS SQUIBB CO

NYSE:BMY (12/20/2024, 9:50:53 PM)

After market: 57.5368 +0.21 (+0.36%)

57.33

+1.03 (+1.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.83%
1 Week2.78%
2 Weeks-3.45%
1 Month-1.55%
3 Month16.03%
6 Month36.73%
12 Month9.64%
2 Year-20.32%
3 Year-8.05%
5 Year-10.69%
10 Year-2.88%
15 Year127.05%
Volatility
ATR(14)1.29
ATR(20)%2.18%
ATR Inc-6.92%
Range Today1.25
ADR(20)1.23
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.77
Mansfield0.55
10 Day High59.76
10 Day Low55.04
20 Day High60.68
20 Day Low55.04
52 Week High61.08
52 Week Low39.35
CS1 End56.95
CR1 Start59.39
Volume & EV
DER(3)-0.45%
DER(5)1.25%
Volume48.21M
Volume Incr116.2%
Vol(5)21.05M
Vol(50)11.12M