BRISTOL-MYERS SQUIBB CO (BMY) Stock Technical Analysis
NYSE:BMY - New York Stock Exchange, Inc. - US1101221083 - Common Stock - Currency: USD
Overall BMY gets a technical rating of 1 out of 10. BMY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
BMY is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
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 11227900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, BMY turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
BMY is an average performer in the Pharmaceuticals industry, it outperforms 69% of 194 stocks in the same industry.
Although the technical rating is bad, BMY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 54.27, 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
53.35
61.22
When analyzing the support we notice one important area.
- A support zone ranging from 53.89 to 54.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 56.25 to 57.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 59.20 to 60.61. 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
CRS51.22
Mansfield0.29
10 Day High57.71
10 Day Low53.54
20 Day High61.1
20 Day Low53.54
52 Week High61.1
52 Week Low39.35
Performance
1 Week-0.25%
2 Weeks-2.77%
1 Month-5.6%
3 Month-5.16%
6 Month16.05%
12 Month8.07%
2 Year-19.04%
3 Year-18.7%
5 Year-5.47%
10 Year-8.36%
15 Year127.79%
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)-0.26
RSI(14)45.15
LBB52.92
UBB60.17
55.83
+0.04 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.07%
1 Week-0.25%
2 Weeks-2.77%
1 Month-5.6%
3 Month-5.16%
6 Month16.05%
12 Month8.07%
2 Year-19.04%
3 Year-18.7%
5 Year-5.47%
10 Year-8.36%
15 Year127.79%
Volatility
ATR(14)1.45
ATR(20)%2.48%
ATR Inc-23.42%
Range Today1.2
ADR(20)1.35
ADR(20)%2.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.22
Mansfield0.29
10 Day High57.71
10 Day Low53.54
20 Day High61.1
20 Day Low53.54
52 Week High61.1
52 Week Low39.35
CS1 End54.27
CR1 Start56.25
Volume & EV
DER(3)4.61%
DER(5)3.07%
Volume11.11M
Volume Incr-5.05%
Vol(5)11.00M
Vol(50)11.23M